Europe
Nestle Said to Consider Options for Cadbury, May Challenge Kraft, Hershey Nestle SA is weighing options
including a possible bid for Cadbury Plc that would challenge
Kraft Foods Inc.’s offer and a potential move by Hershey Co.,
according to two people with knowledge of the matter.
Eni to Pay Over $1.5 Billion for Heritage Oil's Uganda Fields, Times Says Eni SpA, Italy’s biggest energy
company, will pay $1.5 billion for Heritage Oil Plc’s fields in
Uganda, the London-based Sunday Times reported, without saying
where it got the information.
European Stocks Post First Weekly Decline Since October, Paced by Danone European stocks posted their first
weekly decline since October on concern the eight-month rally in
equities has outpaced the outlook for earnings growth and
central banks will withdraw stimulus measures.
German Bonds Advance on Concerns Global Economic Rebound May Falter German government bonds gained for
the first week in three as some investors bet the rally in
stocks may have outpaced prospects for economic growth, boosting
demand for the safety of fixed-income assets.
Oracle $7.4 Billion Sun Takeover May Be Blocked by EU on Competition Issue Oracle Corp.’s planned $7.4 billion
purchase of Sun Microsystems Inc. may be blocked by European
Union regulators because of concerns Oracle might be able to
eliminate Sun’s MySQL database product as a competitor,
according to an EU document.
Qatar Plans $25 Billion Railway Network, Forms Venture With Deutsche Bahn Qatar, the world’s largest producer
of liquefied natural gas, expects the construction of a railway
system will cost 17 billion euros ($25.3 billion) as the Persian
Gulf state seeks improved transport links with its neighbors.
`Overvalued' U.K. Housing Market May Not Return to Peak Prices Until 2014 U.K. house prices will probably fall
next year, and it may take until 2014 to return to the levels at
the 2007 peak of the country’s biggest housing boom, according
to a Bloomberg survey.
Michelin CEO Says 2010 Revenue Unchanged at Best as Analysts Predict Jump Michelin & Cie., the world’s second-
largest tiremaker, said revenue is unlikely to increase next
year as the global economy remains subdued. Analysts had
predicted a 4.3 percent increase, according to 18 estimates.
RBS Sells $7 Billion of Debt in Biggest U.S. Corporate Offering Since May Royal Bank of Scotland Plc, sold $7
billion of debt due in March 2012, according to data compiled by
Bloomberg, equaling the largest U.S. corporate sale since May.
Bond Rally Tails Off in Europe as Seven-Month Advance Sends Investors Away The European credit market’s seven-
month rally is tailing off as investors booked returns of as
much as 70 percent and sought opportunities in other assets
including stocks and commodities.
Romanians Vote for President to End Deadlock, Name New Head of Government Romanian President Traian Basescu is
running neck-and-neck with the leader of the former communist
party in his bid for a second term, in an election that will
determine the shape of a new government.
U.K.'s Cameron Plans to Work `Night and Day' for Majority as Lead Shrinks Conservative Leader David Cameron
pledged to work “night and day” to win a majority in
Parliament at the next U.K. election as an opinion poll
suggested his party may fail to clinch enough lawmaker seats.
CERN Starts Particle Collider After 14-Month Closure From Electrical Fault The world’s biggest particle
collider resumed operations after an electrical fault caused a
14-month delay in the search for the universe’s missing mass.
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