UNITED STATES

A top shareholder in Cadbury said investors in the British confectionery firm would find it hard to turn down an offer of more than 8 pounds a share from U.S. suitor Kraft.

Kraft Foods chief executive Irene Rosenfeld is playing hardball with her $16.4 billion hostile offer for Cadbury, triggering a bid battle that could stretch for up to three months.

U.S. stocks rallied on Monday, with the Dow Jones industrial average at a 13-month high, as the Group of 20's pledge to keep aid flowing to the world's economy boosted investors' appetite for risk.

Chancellor Angela Merkel hailed the courage of easterners who helped bring down the Berlin Wall as the city celebrated the 20th anniversary of the events that marked the end of the Cold War and the beginning of a reunited Germany.

The United States is willing to give Iran time to decide whether to accept a U.N.-brokered deal meant to allay suspicions it is after atomic bombs but which has drawn Iranian objections, a U.S. diplomat said on Monday.

Oil rose 3 percent toward $80 a barrel on Monday after Tropical Storm Ida forced the shut in of U.S. oil and gas production, helping to support prices.

U.S. stocks jumped on Monday, pushing the Dow industrials to their highest level in more than a year, as the Group of 20 leaders pledged to keep aid flowing to their economies until a recovery was certain.

Health insurers, drugmakers and other companies expect U.S. Senate lawmakers to soften the blow from health reform legislation narrowly passed by the House of Representatives that calls for a greater government role in the industry.

Electronic Arts Inc has acquired privately held Playfish for $275 million in cash plus other consideration as the maker of the Madden NFL series expands in the growing social gaming sector.

U.S. network equipment maker Cisco Systems Inc said on Monday it was extending the offer period for its $3 billion bid for Norwegian video conferencing company Tandberg by nine days to November 18.

New York's attorney general said the operator of Tagged.com would pay $500,000 and overhaul its practices to resolve charges that the social networking site tricked members into providing personal details to lure new members and send out tens of millions of spam emails.

U.S. stocks jumped on Monday, extending gains from the previous week, on renewed risk-taking sentiment after the Group of 20 pledged to keep economic stimulus in place until a recovery was assured.

Dish Network Corp, the No. 2 U.S. satellite TV provider, beat Wall Street forecasts by posting a gain of 241,000 subscribers in the third quarter and surprised investors with a plan to pay shareholders a special dividend of $2 a share.

McDonald's Corp said sales at established U.S. restaurants fell 0.1 percent in October, as expected, but its stock ticked up 1.5 percent after sales from the rest of the world buoyed overall results.

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German Economy Minister Rainer Bruederle said on Monday that U.S. automaker General Motors had not yet presented a plan for Opel and therefore the question of providing state aid was not being considered.

Japan's Toshiba made a solo bid for Areva's transmission and distribution (T&D) business on Monday while AXA Private Equity said it would not join the race for the French nuclear group's coveted unit.

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In her biggest gambit yet for Kraft Foods Irene Rosenfeld just won't blink.

A Pennsylvania landowner is suing an energy company for polluting his soil and water in an attempt to link a natural gas drilling technique with environmental contamination.

President Barack Obama will delay the start of his visit to Asia this week to attend a memorial service for soldiers killed in a mass shooting at a U.S. military base, an administration official said on Sunday.