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Cadbury chairman Carr says Kraft bid unappetising

Cadbury turned up the heat in its defence against a takeover from Kraft as its Chairman Roger Carr said it was an unappealing prospect being absorbed into Kraft's low growth conglomerate business model.

Iran signals no compromise on nuclear issue

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Iran said on Saturday it would not back down in its nuclear row with the West, a day after the United States said it would accept Tehran's offer of wide-ranging talks with six world powers.
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Attacks kill dozens as Afghans await poll results

Rebel fighters killed 20 civilians in southern Afghanistan and 17 security police and security guards, officials said on Saturday, as the country awaited results from last month's disputed election.
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China blasts U.S. tyre duties as protectionist blow

U.S. puts new duty on Chinese-made tyres - Additional 35 percent for first year - China denounces step as dangerous protectionism - China signals possible complaint to WTO - Dispute could spill over into G20 summit (Adds Chinese minister's comments and press comment in paragraphs 3-5, 9 and 25)
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Quadrangle focuses less on Europe, more on Asia

New York-based private equity firm Quadrangle Capital Partners will substantially close its London office and pursue its European investments out of the United States, an investor letter dated Friday said.
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Financial IPOs to test waters

A dozen or so financial companies, from banks to asset managers, are planning initial public offerings by year's end, betting that investors are over their aversion to the sector a year after Wall Street's crisis boiled over.
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US private equity firms look to take cos public

Efforts by private equity firms to sell stakes in portfolio companies through initial public offerings continued late this week as two North American companies took steps toward coming to market.
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JAL to seek $550 mln-plus from Delta, Air France-NHK

Japan Airlines Corp is seeking a capital injection of about 50 billion yen ($550 million) from Delta Air Lines, as well as several billion yen from Air France-KLM, Japan's national broadcaster NHK reported on Saturday.
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Disney to remake The Beatles' Yellow Submarine

The Walt Disney Co on Friday announced a deal with The Beatles' company, Apple Corps, to remake the band's movie Yellow Submarine in 3-D, extending the Fab Four's presence in the 21st century.
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U.S. funding brightens outlook for green

U.S. infusion of federal funds into clean technology projects has prevented the collapse of many green firms, revived enthusiasm and is now generating optimism for the emerging sector in 2010.
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Labor seen facing challenges even under Democrats

Former Pennsylvania coal miner Richard Trumka isn't president of America's biggest labor federation yet, but he's already cranking up rhetoric on issues from healthcare reform to making it easier to unionize.
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Cadbury, Kraft set for long haggle over price

With Cadbury lacking a white knight bidder to come to its rescue in the face of Kraft's $16.1 billion bid, the two companies are set to face off on one question: How much is Cadbury really worth?

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