Center-left claims victory in Iceland

Icelandic Prime Minister Johanna Sigurdardottir of the center-left Social Democratic Alliance has claimed victory in general elections triggered by the collapse of the Nordic nation’s economy. Sigurdardottir’s party, which has headed an interim government since February 1, was on course to win around 30 percent of the vote or 20 parliamentary seats, according to state broadcaster RUV. The Left-Green Movement, the Social Democratic Alliance’s coalition ally, was expected to win 14 seats, giving the coalition a controlling 34-seat block in the 63-member Icelandic parliament, the Althing

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Coke buys stake in ‘ethical’ drinks firm

Coca-Cola, the world’s largest soft drinks group, has bought a minority stake in Innocent, the British fruit drink and "smoothie" maker that boasts of its ethical stance. Innocent said on its Web site the U.S. firm had paid £30 million ($44 million) for a stake of “between 10 and 20 percent” to fund plans to expand in Europe.

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