Italy
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.
Fiat Chief Executive Marchionne Would Have Left Had Agnellis Lost Control Fiat SpA Chief Executive Officer
Sergio Marchionne said at a trial that he would have left his
post in 2005 had the Agnelli family lost its controlling
stake in the carmaker.
Popolare Milano Net Commissions May Rise 10 Percent in 2009, Sole Says Banca Popolare di Milano Scrl may
increase net commission by 10 percent to more than 560 million
euros ($832 million) this year, newspaper Il Sole 24 Ore wrote
in its weekly “Letter to Investors.”
Arpe Aims to Double Revenue of Banca Profilo With Private Bank Expansion Matteo Arpe, chairman of Banca
Profilo SpA, wants to boost revenue at the company by making 90
hires to expand in private banking.
Ferrari Recalls Sports Cars in U.S. to Fix Fuel Leak That Poses Fire Risk Ferrari, Fiat SpA’s luxury sports-
car division, recalled 2,356 F355 and 355 F1 models in the U.S.
to fix a potential fuel leak that could set the engines on fire.
Fiat Unions Plan Protests Over Italian Factory Shutdowns, Repubblica Says Fiat SpA’s labor unions plan to
stage protests against the possible shutdown of factories in
Italy, daily la Repubblica said, citing Enzo Masini, leader of
the Fiom-Cgil union.
Seat Pagine Gialle Confirms Guidance; Says Has `Headroom' on Covenant Seat Pagine Gialle SpA said it
confirmed its 2009 financial targets announced in August with
its nine-month results, according to a statement distributed
through the Italian exchange.
Iride Plans to Lower Dividend This Year, Chairman Tells Milano Finanza Iride SpA, a Northern Italian
utility, plans to cut its dividend on this year’s profit,
Chairman Roberto Bazzano told newspaper Milano Finanza.
Bank of Italy Says Fair Playing Field Requires Strict, Uniform Regulation Bank of Italy Deputy General
Director Anna Maria Tarantola said some financial centers may
end up with an unfair advantages unless regulators uniformly
impose stricter rules over the global banking industry.
Pope, Archbishop of Canterbury Agree in Rome to Strengthen Relationship Pope Benedict XVI and Rowan
Williams, the archbishop of Canterbury, reiterated their wish to
strengthen the relationship between the Roman Catholics and the
Church of England at a meeting in Rome today.
Italian Police Arrest Two Pakistanis in Brescia Linked to Mumbai Attacks Italian police today arrested two
Pakistani nationals who were charged with aiding terrorists in
connection with the Mumbai attacks in November 2008.
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