Kraft seeks Cadbury deal, $16.7 billion bid rejected
Britain's Cadbury , the world's second biggest confectionery group, has rejected a $16.7 billion bid approach by Kraft Foods Inc., but North America's biggest food group still hopes it can clinch a deal. Read Full Article here.
Chinatrust bids $2.4 billion for AIG Taiwan unit: source
Chinatrust Financial, Taiwan's top credit card issuer, offered $2.4 billion for AIG's Taiwan Nan Shan Life unit, outbidding rivals, a source with direct knowledge of the situation told Reuters on Saturday. Read Full Article here.
Equities jump after G20, U.S. jobs data
Investors jumped back into equities on Monday, sending stocks up more than 1 percent, after a rare week of losses, while the dollar weakened and gold was steady at just below $1,000 an ounce. Read Full Article here.
China airlines, Boeing in talks to delay 787 jet
Chinese airlines are negotiating with Boeing Co to further delay taking delivery of 787 Dreamliner orders, a senior Boeing executive said on Monday, as they continue cost-cutting initiatives amid weak international air travel demand. Read Full Article here.
Abu Dhabi to buy Chartered; Hynix stake up for grabs
Abu Dhabi's state-owned ATIC offered to buy Chartered Semiconductor for $1.8 billion, while major shareholders in Hynix began the sale of a $2.8 billion stake, kick-starting consolidation in a chip sector emerging from its worst ever downturn. Read Full Article here.
WTO raps European export aid for Airbus: sources
The WTO has found that loans from European governments to Airbus were not only unfair subsidies but in some cases violated a tougher ban on export aid, according to sources familiar with a report that also rejected some U.S. complaints. Read Full Article here.
GE says confident of winning China engine contract
General Electric Co is confident about winning contracts to supply engines for China's big aircraft project, the company's China chief said on Monday. Read Full Article here.
Beatles re-master, game drag band into digital age
The Beatles take a step closer to selling their music online on Wednesday with the simultaneous release of the band's re-mastered catalog and the MTV video game The Beatles: Rock Band. Read Full Article here.
Toshiba may outsource some top-line chip production
Toshiba Corp is in talks with Singapore's Chartered Semiconductor and Globalfoundries Inc about outsourcing production of some of its next-generation system chips to help cut costs, two company sources said. Read Full Article here.
iCub the robot helps scientists understand humans
Robots that can make their own decisions have so far been confined to science fiction movies, but a child-sized figure with big eyes and a white face is trying hard to turn fiction into reality. Read Full Article here.