U.K. & Ireland
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.
`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.
Blackstone May Buy Majority Stake in Gala Coral Group, Telegraph Reports Blackstone Group LP may buy a
majority stake in Gala Coral Group Ltd., the closely held owner
of Gala bingo halls, the Daily Telegraph reported, without
saying where it got the information.
Robbie Williams May Sell 50% of Future Earnings to Investors, Times Says U.K. pop singer Robbie Williams may
sell a 50 percent stake in future earnings to financial
institutions for 50 million pounds ($82.4 million), according to
the London-based Times.
Shell in Talks to Purchase 10% Stake in Essar Oil, Economic Times Reports Royal Dutch Shell Plc is in talks to
acquire a 10 percent stake in India’s Essar Oil Ltd., the
Economic Times said, citing unidentified people.
U.K. Flood Claims May Reach as Much as $165 Million for Insurers, ABI Says The cost to insurance companies of
this week’s flooding in parts of the U.K. may be as much as 100
million pounds ($165 million), according to the Association of
British Insurers.
Brown Says U.K. Government to Respond `Swiftly' to Walker Banking Review The U.K. government will respond
“swiftly” to a banking review conducted by former Morgan
Stanley International Chairman David Walker, Prime Minister
Gordon Brown said.
BOE Says `Exuberance in the Supply of Credit' Fueled Financial Crisis The financial crisis “would have
been less costly” had policymakers been able to make the system
more resilient and “moderate exuberance in the supply of
credit,” the Bank of England said.
U.K. Shares Decline for Fourth Day on Concern Economy to Falter; Tui Drops U.K. stocks declined for a fourth
day after Morgan Stanley downgraded shares of Thomas Cook Group
Plc and Tui Travel Plc and concern grew that the economic
recovery may falter.
Cameron Pledges to Work `Night and Day' for U.K. 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.
Car Bomb Left Near Northern Ireland Policing Board Offices, Two Flee Scene A car containing 400 pounds (181-
kilogram) of explosives was left outside the Northern Ireland
Policing Board offices in Belfast.
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.