French food group Danone is in exclusive talks to sell its biscuit and cereal snack unit for 5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc., the world's biggest cookie maker, they said on Tuesday.
Gold inched up on Tuesday after climbing more than 1 percent the previous day on a weaker dollar and security concerns, while Tokyo futures tracked dollar-based gold's rise to end up about 1 percent.
Oil was steady above $72 on Tuesday after hitting a 10-month high the previous session, and analysts predicted increasing crude oil demand from U.S. refiners and technical factors would soon push prices higher.
Royal Bank of Scotland (RBS.L: Quote, Profile, Research) and its partners seeking to buy Dutch rival ABN AMRO for 71 billion euros ($96.6 billion) do not know many of the key facts relating to their target, documents showed on Tuesday.
'Nanking,' a U.S.-made film documenting eyewitness accounts of atrocities committed by Japanese troops in China during World War Two, opened in Beijing on Tuesday, as the two countries struggle to mend strained ties.
AT&T Inc said on Monday delays in activating service for customers of Apple Inc iPhone had been mostly resolved after the wireless company worked out the problems on a case-by-case basis.
U.S. buyout firm Cerberus Capital Management won approval from the European Commission on Tuesday to buy U.S. carmaker Chrysler from DaimlerChrysler.
Most companies in China, the United States, Canada and Britain have not laid out plans to improve their energy efficiency, despite growing concerns about global warming, a survey showed on Tuesday.
Sport utilities showed modest improvement in rear-crash protection according to a U.S. insurance industry analysis released on Tuesday, but more than half the 87 light trucks tested fell short of optimum safety and pickups fared the worst.
Stocks traded higher on Monday, supported by takeover news and data showing manufacturing growth accelerated last month, while bond prices gained in a flight-to-safety bid as police investigated attempted car bomb attacks in Britain.
The dollar tumbled to a 26-year low against sterling and declined across the board on Monday on continuing expectations that U.S. interest rates will remain steady while borrowing costs rise overseas.
Laboratory beakers are seldom featured in hotel rooms, but at the Dylan Hotel in New York they are standard bathroom issue.
Oil prices rose to 10-month highs above $72 on Monday on expectations that recovering refinery operations in the United States and ongoing supply restrictions will cut into global oil inventories.
Security concerns and a sharp drop in the dollar helped gold hit its highest level in nearly two weeks on Monday, but investors were expected to trade cautiously ahead of the U.S. Independence Day holiday.
Breathing new life into an old marketing symbol has often helped weakened companies boost sales -- a trend that appliance maker Maytag and retailer Kmart are hoping can happen again.
Boys who play video games on school days spend 30 percent less time reading and girls spend 34 percent less time doing homework than those who do not play such games, U.S. researchers said on Monday.
U.S. government bonds rose on Monday, sending yields to three-week lows as investors shrugged off robust factory data and instead sought a safe haven after recent attempted car bombings in the UK and an attack in Yemen.
British cable operator Virgin Media said on Monday it had received a bid approach from an unnamed group, which sources familiar with the situation told Reuters was U.S. private equity firm Carlyle Group.
Casino operator Trump Entertainment Resorts Inc. said on Monday it did not reach a deal with potential acquirers and has ended discussions to sell itself, sending its shares down 18 percent.
Man Group, the world's largest listed hedge fund group, is set to stage what will likely be the second-largest IPO on a U.S. exchange so far this year when it spins off its U.S. brokerage arm, MF Global, this month.
Investors sold European stocks and bought government bonds and gold as trading got underway for the second half of 2007 on Monday, driven by security concerns after weekend bomb plots in Britain and higher oil prices.
Manor Care Inc., the largest U.S. operator of homes for the elderly, said on Monday it agreed to be acquired by Carlyle Group for $4.9 billion, becoming the latest health care provider taken off the public market by a private equity buyer.