Kraft Foods Inc has until November 9 to make an offer for British confectioner Cadbury Plc or must walk away for six months, Britain's Takeover Panel said on Wednesday.
Iran said on Wednesday it viewed pending nuclear talks with six world powers as an opportunity and a test, and the United States said an extraordinarily difficult process was starting with more meetings likely.
The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:
(Corrects age of Staley to 52 in paragraph 8 and corrects paragraph 13 to show Winters was in London, Black in New York)
Iran said on Wednesday it viewed talks with six world powers in Geneva as an opportunity and a test, while the United States weighed sanctions over Tehran's nuclear program if Thursday's meeting fails.
In a black-and-white photo from Tiananmen Square in 1970, the four young faces are serious, the clothes drab and nearly identical, and a copy of chairman Mao Zedong's little red book is clutched in every hand.
U.S. food giant Kraft has until November 9 to say whether it will make an offer for British confectioner Cadbury or it must walk away for six months, Britain's Takeover Panel said on Wednesday.
Last Quarter of Recession; Savers and Retailers; Casino IPO Pressure
European shares look set to finish the third quarter with their best performance in nearly a decade on expectations of economic recovery while world stocks also rose strongly though not as much as in the previous period. The pan-European FTSEurofirst 300 index put on 0.4 percent on Wednesday and the MSCI world index added the same, while commodity prices were also firmer but the do...
Apple begins to end its iPhone exclusivity as Vodafone on Tuesday announced it will join France Telecom's Orange and Telefonica's O2 in selling the phone in Britain.
The Australian Dollar maintained its upward momentum against the Greenback during local trade yesterday, spurred on by an increase in the local equity market and the continuing news that interest rates are tipped to rise in Australia.
Iran said on Tuesday it would not discuss a previously secret nuclear plant at international talks this week but Washington vowed to bring it up and demanded Tehran prove it is not developing an atomic weapon.
Dell Inc on Monday unveiled its latest high-end, ultra-thin personal computer, bringing some fresh design appeal to its enterprise models.
Spending on Internet advertising in Britain grew 4.6 percent in the first half of 2009, outperforming the wider ad sector, which slumped 17 percent, and making it the country's biggest ad medium ahead of TV.
The four cities bidding for the prize honor of hosting the 2016 Summer Olympics began three intensive days of lobbying on Tuesday with the Obama factor looming large ahead of Friday's vote by the IOC.
The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:
Vodafone, the world's largest mobile operator by revenue, has finally sealed a deal to sell Apple's iPhone in Britain from 2010, it said on Tuesday -- a move that could spark a price war over the popular device.
Prime Minister Gordon Brown will promise Tuesday to clean up British politics, get tough on crime and heal the economy, in a blizzard of policy moves aimed at avoiding a crushing election defeat next year.
Iran said on Tuesday it would refuse to discuss a newly declared nuclear plant at forthcoming international talks and cautioned Western powers it could curb cooperation further if they repeated past mistakes.
A teenage British girl died after receiving a cervical cancer vaccine made by GlaxoSmithKline, but a link between the death and the drug has not yet been established, health officials said on Monday.
Britain's leading share index was 0.4 percent weaker in mid-session trade on Tuesday, with weakness in commodity stocks outweighing gains in financials as investors booked profit after recent gains.
Asian shares rose on Tuesday as news of several multi-billion dollar takeover bids overseas boosted confidence in a global economic recovery, while the yen slid after Tokyo hinted currency intervention could be an option in some cases.
