tim parker, ceo of samsonite international.back to you. >> ramy, thanks ever so much again. >>> it's enjoyed a century of breakthroughs in technology. ibm will be turning 100. we take a look at its inventions from the time clock to the electric typewriter. >>> this is "world business today." welcome back. as promised let's go back live to st. petersburg where we can join john defterios at the economic forum in russia. we have you. you were telling us about privatization and the deals there. take it away. >> they're trying to start this on the right footing, nina, basically. a $50 billion private equity fund, $10 billion being put up by the russian government. this is seen as a safety net, knowing that one-fifth of the money would come from russia. hu jintao is attending here and is in moscow right now. they've had discussions with at bui dhabi investment authority and the kuwaiti investment authority as well. $50 billion if they can get it, over a five-year period to start new companies in russia. >> you know, john, the economi

just last week samsonite raised it. we've got coach, jimmy choo thinking about it as well.the place to be, charles. >> you can say that again, ramy. ramy inocencio joining us again, live, from hong kong. okay. so, ramy, it seems like it may not be fashion, but football is heading to hong kong too. i gather despite some of the blues they've had, man chester united could be heading there as well. >> thinking about it, it's a little bit of a strange idea, isn't it. basically the shares of a football team might be traded is one thing. the second is you might consider an ipo here in hong kong of all places. but, that, again circumstance because of the huge team fan base across the region and that could help it rake in more money than it could in a london ipo. talks are in the early stages but we're looking at an early stage of 1.7 billion pounds. it could be an easy sell based on a forbes 2010 ranking. that said, manu was the second most valuable sports brand in the world after the yankees. and the manchester united supporters trust gave it official support but said it should be

. >> i don't know, i traveled so much in my day they called me samsonite. [ laughter ] >> that's oneit. >> never. >> with the warriors, they are always doing this traveling. >>> if you are traveling around the bay area this weekend you will see a big change in the weather from many of the valleys to the coast. big difference in the temperatures as we get that fog and low clouds moving early on this evening. some of that patchy stuff make its way over the city of san francisco. that will fill in tonight and it hooks like we are going to see that fog racing onshore tonight. so expect a nice blanket of fog early on tomorrow morning and then it's going to slowing break back to the coast. even slower than today as we'll see some cooler temperatures developing outside. latest satellite image and you can see the fog along the san mateo county coastline beginning to make its way upwards and it's going to fill in overnight tonight. we have seen some winds gusting to 44 miles an hour at sfo bringing clouds further onshore. clear skies around the bay area inland. temperatures mild at 60s and 70