Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
Warren Buffett's Berkshire Hathaway Inc issued a stern warning to Kraft Foods Chief Executive Irene Rosenfeld, saying it opposed the food maker's plan to float new shares in pursuit of Cadbury Plc .
Razor King Johnnie Stark is long dead, but the specter of violence raised by the brutal street fighter in No Mean City still haunts Glasgow seven decades after the novel's publication.
Kraft Foods sweetened its 10.2 billion pound ($16.43 billion) hostile offer for Cadbury with cash, which may well be enough to land the British group, as long as rivals stay out of the race.
Britain's Good Food Guide has chosen 10 chefs it believes may make the headlines in the coming decade as Gordon Ramsay and Heston Blumenthal have done over the past 10 years.
Spain played it safe as it unveiled an artwork to represent its European Union presidency on Tuesday, avoiding the controversy of a year ago when the Czech Republic managed to offend most of the EU.
Stock index futures pointed to a flat open on Tuesday as investors awaited key economic data for new signs of recovery one day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Iceland's president said on Tuesday he would not sign into law a bill to repay more than $5 billion lost by savers in Britain and the Netherlands when the island's banks collapsed, creating fresh political turmoil for the crisis-hit country. President Olafur Grimsson's rejection of the bill is seen putting aid from international lenders, as well as aspirations to join the European Union, in ser...
Britain said it wanted Iceland to rapidly resolve the issue of compensation for the failure of Icelandic bank Icesave, after the North Atlantic island's President Omar Grimsson refused on Tuesday to sign a bill authorising this.
Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer with a bigger cash portion, raising expectations the U.S. food group will win its prize.
Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Iceland's president refused on Tuesday to sign into law a bill to repay more than $5 billion lost by savers in Britain and the Netherlands, forcing the issue to a referendum and stirring fresh turmoil in the crisis-hit country. President Olafur Grimsson's rejection of the unpopular bill put aid from international lenders and his country's aspirations to join the European Union in serious jeopar...
U.S. stock index futures were flat on Tuesday as investors awaited factory orders and pending home sales data for more signs about an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
U.S. stock index futures were flat on Tuesday as investors awaited factory orders and pending home sales data for more signs about an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer with a bigger cash portion, raising expectations the U.S. food group will win its prize.
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.02 to 0.2 percent, pointing to a weaker start on Wall Street on Tuesday.
Kraft Foods Inc sweetened its 10.2 billion pound ($16.4 billion) offer for Britain's Cadbury Plc with cash from a deal to sell its North American pizza unit to Swiss food giant Nestle .
Kraft Foods Inc on Tuesday said it was raising the cash portion of its hostile 10 billion pound ($16 billion) takeover offer for Britain's Cadbury Plc by 60 pence per share, funded by a deal to sell its North American pizza unit to Swiss food giant Nestle.
Former Illinois governor Rod Blagojevich will be among stars taking on real estate mogul Donald Trump in the boardroom for the Celebrity Apprentice television program in March, NBC said on Monday.
Chinese manufacturing grew at its fastest pace on record in December, data showed on Monday, while U.S. factories marked their best month in nearly four years, suggesting more improvement in the world economy.