Italian luxury goods company Prada receives approval to list shares in Hong Kong, moving ahead with plans for an initial public offering worth about $2 billion... more
Italian chocolate maker Ferrero could be interested in Cadbury’s gum and candy division, a unit worth about £5 billion, in a possible joint takeover bid, business daily Il Sole 24 Ore said ... more
Italian chocolate maker Ferrero could be interested in Cadbury's gum and candy division, a unit worth about £5 billion, in a possible joint takeover bid... more
Volkswagen does not plan to purchase assets from its majority shareholder Porsche to help fund the latter's intended acquisition of a 75% stake in Europe's largest carmaker... more
Top executives from 13 major African, Asian, European and U.S. banks held talks about capital adequacy, regulatory reform and attempts to revive the global economy at a meeting with Gordon Brown
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Banking: Dutch banking giant ING today reported the first loss since it was formed in 1991, in what was another dismal day for continental financial services firms... more
Credit crunch: Two of Europe’s largest banks stoked fears of a domino effect among the Continent’s troubled financial institutions today as UniCredit and Danske moved to shore up investor confidence... more
Economics: The US unemployment rate has shot up to near-five year highs, marking the clearest sign yet that the world's biggest economy is now in full-blown recession... more
Tonight:
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