Alcoholic beverages producers and importers Central European Distribution Corporation (CEDC) and Russian Standard have agreed a revised transaction for their strategic alliance.

The amended transaction is intended to stabilize CEDC's business and to allow CEDC to address its balance sheet issues in an orderly fashion. Changes in management structure are also included.

Boeing and Aeromexico have finalized an order for six 787-9 Dreamliners, with reconfirmation rights for four additional Dreamliners.

The order by Mexico's largest airline, first announced as a commitment in July, is valued at more than $1.46 billion at published list prices.

FMC Technologies announced today an agreement with Statoil for the supply of additional subsea equipment for the Snorre field. The order has an estimated value of $33 million in revenue.

Under the terms of the agreement, FMC Technologies will provide 10 production risers and tieback connectors. The equipment is scheduled for delivery in 2015.

We wish a Merry Christmas to all our readers, whether you celebrate the holiday as a Christian or not.

The first recorded celebration of what is now the major holiday in the Christian calendar took place in Rome, Italy, in AD 336, during the time of the Roman Emperor Constantine (the first Christian Roman Emperor). The first ‘Christ Mass’ was officiated by Pope Sixtus III in AD 435.

The satellite tracking group from the Intelligence & Space Research (ISR) Division of Los Alamos National Laboratory is tracking Santa Claus' whereabouts again on Christmas Eve.

The LANL will be using satellite tracking dishes in the high mountains of Los Alamos, New Mexico, as well as sensors on the FORTE satellite and the Cibola Flight Experiment (CFE) satellite to monitor Santa's progress as he delivers presents around the world to good children everywhere.

The 2013 North American International Auto Show (NAIAS), commonly known as the Detroit Auto Show, will feature more than 50 new vehicle debuts.

The press preview will be held on 14-15th January, with the industry preview on 16-17th. The public show will then run from 19-27 January, with every vehicle manufacturer you can think represented on the floor of the newly renovated Cobo Center in Detroit.

The contract in question will see BAE provide a total of 12 Typhoon fighter jets and eight Hawk Advanced Jet Trainer aircraft.

Manufacturing work will begin in 2014, with delivery expected in 2017, and is expect to help protect as many as 6000 highly skilled technology and engineering jobs across the company’s UK sites.

While a final decision on the alliance is not expected to be made until March, 2013, the Australian Competition and Consumer Commission (ACCC) have stated that the benefits of the tie-up would far outweigh any reduction in competition. Such benefits include the ability to co-ordinate ticket prices and schedules.

Nobody’s perfect. What quality or ability do you wish you had?

There are lots of things I wish I could do better! Everything from eye-hand coordination to mathematics – the list is long. I often have a hard time being nice and it seems like I could be more patient with people. The ability to relax would be nice too…

What is the best business book you have ever read, and why?