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CVC to Buy Nordic Group Ahlsell for $2.4 Billion

CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.

Sweden's Gold Reserves Steady in Jan.

Gold pellets
Sweden said on Monday it had not added to its gold reserves in January, even though data from the International Monetary Fund on Monday showed a sharp rise in Stockholm's bullion holdings.
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EU executive wants bigger rescue fund

The European Commission wants euro zone leaders to overcome German objections and back a bigger rescue fund to nudge the IMF into helping troubled European economies, the EU's top economic official said on Thursday.
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Alcatel boss yearns for his rivals' margins

Despite giving up his stock options for missing some of last year's targets, Alcatel Chief Executive Ben Verwaayen still believes the telecoms equipment maker will one day match rivals three or four times more profitable.
The Pirate Bay

The Pirate Bay: Banned in the UK?

Swedish filesharing website The Pirate Bay may soon be blocked in the UK after a London judge ruled that the site breaches copyright laws on a large scale, and that both the platform and its users illegally share copyrighted material, such as movies and music.
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Scalado 'Remove' App Gets Rid of Unwanted Object in Photos

Have you ever felt stressful after seeing that your almost-perfect shot has captured an unwanted object or person in it? If yes, you're in luck because there's a wonderful app that can save your time in solving this common photographic problem by removing unwanted object or person from a captured photo.
Mardi Gras 2012: What To Know About Carnival History And Traditions

Mardi Gras 2012: What To Know About Carnival History and Traditions

It's almost Mardi Gras 2012, and people around the world are preparing for the carnival season that comes before Lent. But how did Mardi Gras get started? What does its name mean? How did it take root in New Orleans, and how is it celebrated around the world? Here are five things to know about Mardi Gras history and in traditions, from how the holiday is celebrated worldwide to why some believe the carnival's roots lie in ancient Rome.
WikiLeaks founder Julian Assange arrives at the Supreme Court in Westminster, on the second day of his extradition appeal, in London

Julian Assange joins outcast Simpsons for 500th episode

Wikileaks comes to Springfield as controversial figure Julian Assange joins the cast of The Simpsons for their milestone 500th episode on Sunday, which will see America's famous animated family being banished from their hometown.
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Exclusive: Brazil jets deal heats up as Boeing freezes bid

Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.
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AOL Hires Chief Content Officer for Troubled Patch

AOL Inc, which has been investing heavily in content to make up for declining revenue from dial-up Internet access, has hired an executive for the newly created position of chief content officer at its struggling Patch hyperlocal news network.

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