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Ferrero and Hershey to 'break up' Cadbury
21 Nov 2009, 12:00AM
According to reports in the Italian press, the joint takeover of UK chocolates company Cadbury by Ferrero and Hershey Inc could be getting closer, pushing out Kraft, but breaking up the company.- Hershey joins Ferrero in talks on Cadbury: report
- Kraft's hostile bid for Cadbury notified to the EU
France plans €35bn 'national loan' for industry
20 Nov 2009, 2:16PM
The French public appear to be less than enthusiastic for a scheme to loan French industry €35bn.
India eyes move to plastic money
20 Nov 2009, 12:29PM
India's central bank is planning to introduce 'plastic' notes, as the current ones quickly become too shabby to be of value and are refused by vendors.
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Bank of America CEO Lewis may delay retiring: report
21 Nov 2009, 3:33PM
NEW YORK (Reuters) - Bank of America Corp
Time Warner, News Corp reported interested in MGM
21 Nov 2009, 3:01PM
NEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
Hershey's trust pushes for Cadbury bid: report
21 Nov 2009, 8:52AM
NEW YORK (Reuters) - The charitable trust that controls Hershey Co
Black Friday deals may not signal retail comeback
21 Nov 2009, 7:18AM
CHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.
Ex - Vivendi CEO Messier testifies: Losses not fraud
21 Nov 2009, 6:41AM
NEW YORK (Reuters) - Former Vivendi CEO Jean-Marie Messier told a U.S. jury he "never, never, never" committed fraud as he took the stand on Friday in a civil trial pitting international shareholders against the French conglomerate and former top executives.
Rio's Cloud Peak IPO edges down, 3 other IPOs up
21 Nov 2009, 5:11AM
NEW YORK (Reuters) - Investors bet on growth on Friday, bumping up shares in two newly listed companies with strong trajectories while remaining neutral or down on two others whose prospects are murkier.
Cautious optimism as job losses slow in U.S. states
21 Nov 2009, 4:57AM
WASHINGTON (Reuters) - The pace of job losses slowed in many U.S. states in October, and the unemployment rate slipped in hard-hit Michigan, the Labor Department said on Friday, hinting the recession may be easing in some areas.
Rio Tinto unit Cloud Peak falls in NYSE debut
21 Nov 2009, 2:20AM
NEW YORK (Reuters) - Cloud Peak Energy Inc
AnnTaylor profit tops Wall Street view
21 Nov 2009, 12:08AM
NEW YORK (Reuters) - AnnTaylor Stores Corp
Bankers say crisis lessons must be taken to heart
21 Nov 2009, 12:00AM
FRANKFURT (Reuters) - Bankers and regulators should learn the lessons of the global financial crisis and drive through changes to prevent future breakdowns, financiers said on Friday.
