3G says too early to talk about Heinz cost cuts

Thu Feb 14, 2013 11:21am EST

Feb 14 (Reuters) - It is too early to talk about significant cost cutting at H.J. Heinz Co following its acquisition by Berkshire Hathaway Inc and 3G Capital, one of the principals of 3G said on Thursday.

The $23 billion deal is expected to close in the third quarter of this calendar year, Heinz Chief Executive William Johnson said at a press conference in Pittsburgh.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.