Investigators Expand Probe into Hewlett-Packard

Hewlett-Packard (HPQ) said that prosecutors investigating charges of bribery in Russia have expanded the probe to other regions.

The Justice Department and SEC are examining if HP engaged in illegal activities related to deals in Russia, Serbia and t…

Pepsi to Take $3.8 Billion Stake in Russian Company

PepsiCo (PEP) will buy a 66% stake in Russian food and beverage company Wimm-Bill-Dann Foods for $3.8 billion.

The deal will make Pepsi the largest food and beverage company in Russia, the company said in a statement. It will also boost annual global…

Starbucks Plans Major Expansion in China

Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to “at least” 1,500 by 2015. The world’s largest coffee chain also is planning to add stores in Brazil, Russia and…