Hershey, Nestle, sweeten war for Cadbury
Washington - Hershey and Nestle are expected to jump into the war over Cadbury sweets, media reports said Saturday, just weeks after the British-based stalwart rejected a hostile bid by US Kraft Inc. The growing market for chocolate in the developing...
[Posted on :
2009-11-21 ] Category : [
US (Business) ]
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Report: Germans in turmoil over Opel aid as neighbours offer cash
Berlin - The new German coalition government led by Chancellor Angela Merkel is in turmoil over the issue of state aid for Opel, while other EU states with Opel factories have pledged more than a billion euros (1.49 billion dollars), a magazine repor...
[Posted on :
2009-11-21 ] Category : [
Business ]
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Thousands of Spanish farmers protest for higher prices
Madrid - Tens of thousands of farmers demonstrated in the Spanish capital of Madrid on Saturday for higher prices for their produce, claiming that farming in the country was no longer profitable. According to the state broadcaster RNE, more than 100,...
[Posted on :
2009-11-21 ] Category : [
Business ]
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US stock drop slightly on Dell profits, mixed for week
New York - Technology and energy shares pushed US stocks lower Friday, capping a mixed week for investors amid unease about the pace of the world's economic recovery. Tech stocks slid after a disappointing earnings report from computer giant Dell, wh...
[Posted on :
2009-11-20 ] Category : [
US (Business) ]
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Porsche board agrees to VW tie-up - Summary
Berlin - Luxury German sports carmaker Porsche said Friday its board had agreed to the group's planned integration into Volkswagen AG, Europe's biggest auto manufacturer. The decision by the Porsche supervisory board came after German-based VW's supe...
[Posted on :
2009-11-20 ] Category : [
Business ]
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Arab stocks lacklustre ahead of Muslim festivities
Amman - Most of Arab stock markets extended losses this week ahead of Eid al-Adha festivities due to start on November 27, financial analysts said Friday. They also attributed the plunge to declines on global markets, the foggy picture surrounding th...
[Posted on :
2009-11-20 ] Category : [
Business ]
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India's Suzlon sells stake in Belgian firm Hansen
New Delhi - Suzlon Energy, India's biggest wind-turbine maker Friday said it has sold a 35-per-cent stake in Belgian wind gearbox maker Hansen for 370 million dollars. Suzlon through its Netherlands-based subsidiary AE-Rotor Holding BV sold 236 milli...
[Posted on :
2009-11-20 ] Category : [
India (Business) ]
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