 Comment & Analysis |
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UK bank bailout may have broken WTO rules
(
Reuters)
05:37 PM
LONDON (Reuters) - The government could face trade sanctions if it is found guilty of protectionism as a result of the bank bailout, Pascal Lamy, director general of the World Trade Organisation, told the Sunday Telegraph.
Nestle seen weighing Cadbury bid
(
Reuters)
07:48 PM
ZURICH (Reuters) - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion-pound bid by Kraft Foods Inc and a potential move by Hershey, Bloomberg reported on Sunday.
John Lewis weekly sales up 15 percent
(
Reuters)
12:48 PM
LONDON (Reuters) - British retailer John Lewis, the employee-owned group seen as a barometer of UK retailing, posted a 15 percent rise in weekly department store sales helped by toy sales and men's fashion.
Hershey mulls £10 billion solo bid for Cadbury - source
(
Reuters)
11:26 PM
Friday November 20
PHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion (10 billion pounds) for chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.
EU steered to strict hedge fund rules
(
Reuters)
12:14 AM
BRUSSELS (Reuters) - Top parliamentarian Jean-Paul Gauzes has written to members of an influential European Union committee recommending strict rules for hedge funds that clamp down on pay and borrowing, according to his report.
Not all bubbles can be prevented - bank
(
Reuters)
12:15 AM
LONDON (Reuters) - Regulators need more tools to prevent the build-up of risks in the financial system but it would be unrealistic to think all asset bubbles can be prevented, according to a Bank of England paper.
Global stocks slip
(
Reuters)
11:27 PM
Friday November 20
NEW YORK (Reuters) - Global stocks slid and the U.S. dollar rose on Friday as investors cut their exposure to risky assets amid signs of an anaemic U.S. economic recovery.
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