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• China orders state firms to explore Potash bid

  03 Sep 2010

  HONG KONG/MELBOURNE (Reuters) - Chinese officials have ordered state-owned companies to meet with investment bankers to explore potential options to block BHP Billiton's $39 billion (25 billion pounds) bid for Canada's Potash Corp , according to a source with direct knowledge of the matter...More

• Beer finds favour over spirits in slow recovery

  03 Sep 2010

  LONDON (Reuters) - Big brewers like Anheuser Busch InBev are seen as a better bet than spirit giants Diageo and Pernod Ricard to gain from the uneven world recovery in which only emerging markets are showing strong growth...More

• Morrison's eyes small stores, non-food for growth

  03 Sep 2010

  LONDON (Reuters) - Plans to open more smaller stores, revamp non-food ranges and eventually move online could help Wm Morrison Supermarkets , Britain's No.4 grocer, to close the share price discount to its competitors...More

• Oil's rangebound 2010 catches out price bulls

  03 Sep 2010

  LONDON (Reuters) - An oil market that has traded mostly between $70 to $80 a barrel in 2010 has caught out some of the oil bulls on Wall Street calling for higher prices, and some now see rangebound conditions prevailing into 2011...More

• UK welfare reforms limited by upfront cost

  03 Sep 2010

  LONDON (Reuters) - Lessons from across the Atlantic show the kind of welfare reforms Britain wants to implement may not succeed at getting people off benefits and into work without a level of upfront spending it cannot afford...More

• Plenty of fish for Dell after losing 3PAR to HP

  03 Sep 2010

  BANGALORE (Reuters) - Dell Inc may have lost the bidding war for 3PAR Inc to Hewlett-Packard Co, but the data storage industry offers plenty of other targets...More

• Bank wind-down would threaten Irish debt, ratings

  03 Sep 2010

  DUBLIN (Reuters) - A wind-down of Anglo Irish Bank, even on a gradual basis, is fraught with risk for Ireland's sovereign rating and debt but political necessity may force Dublin to take the plunge...More

• Conundrum: M&A/credit binge versus double-dip fear

  03 Sep 2010

  LONDON (Reuters) - A new conundrum faces financial markets -- why, if the global economy is heading back into trouble, are companies on an M&A binge and big investors snapping up so much corporate debt?..More

• UBS CEO Gruebel could teach CS pupil Dougan a lesson

  03 Sep 2010

  ZURICH (Reuters) - Battle-scarred UBS boss Oswald Gruebel's strength in the face of adversity could give his bank the edge in testing months ahead as he fights former charge Brady Dougan, CEO at Credit Suisse, for Swiss banking supremacy...More

• Possible outcomes of Sanofi's bid for Genzyme

  03 Sep 2010

  PARIS (Reuters) - U.S. biotech company Genzyme rejected an all-cash $18.5 billion (12 billion pounds) offer from French drugmaker Sanofi-Aventis this week, setting the stage for a potentially hostile takeover battle...More

• HSBC warns bank break-up could force exodus

  03 Sep 2010

  LONDON (Reuters) - HSBC Holdings, Europe's biggest bank, warned that Britain's big banks could move overseas if a government review decides that lenders should be broken up...More

• Emerging markets urged to embrace new bank rules

  03 Sep 2010

  SEOUL (Reuters) - The head of the Basel Committee on Banking Supervision urged emerging market economies on Friday to adopt news rules on bank capital even though they may feel they have sufficient regulatory arrangements in place...More

• Chaos as Mozambicans protest higher bread prices

  03 Sep 2010

  MAPUTO (Reuters) - Shops were looted, cars set ablaze and roads barricaded. Protests over bread price rises spread over Maputo on Thursday, while troops struggled to clear up and restore a semblance of order in the city centre...More

• Canada fund approached by China investors on Potash

  02 Sep 2010

  TORONTO/HONG KONG (Reuters) - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion (25.3 billion pound) hostile offer...More

• BRICs - victims of success with global investors?

  02 Sep 2010

  LONDON (Reuters) - Shares of companies from the world's biggest developing economies are increasingly featuring in global fund portfolios, a possible reason why BRIC markets are underperforming in 2010 compared to emerging market peers...More

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