international business read any article of your interest in newspaper , which is related to International Business

INTERNATIONAL BUSINESS Name: Course: Professor Name: (February 09, 2012) International Business The article covered is "Strong Asian Sales Bolster Coca-Cola in 4th Quarter" by Bloomberg News. Coca cola company the world`s largest soft drink maker reported its fourth quarter profit on Tuesday, the profit topped estimates as teas and juices bolstered sales in Asia. Profit rose despite the 4 percent increase in prices. The fourth quarter results benefited from continued strength from international beverage portfolio. The company is faced with higher costs for commodities like plastics and corn based sweeteners, it raised wholesale prices in North America by 1 percent for the year less than the 2 to 3 percent it forecast in October. Demand was strong for flagship coca cola soft drink with volume sales gaining 1 percent even as the company raised retail prices for carbonated beverages by 4 percent (Bloomberg News, 2012). Fourth quarter sales in north America gained ...