Kellogg Co raised its bid on Sunday for Egyptian cake and biscuit maker Bisco Misr, intensifying a bidding war with the UAE's Abraaj Investment Management that has pushed up the offer price by more than 12 percent.
Sectors
Come spring, 'For Sale' signs expected in U.S. riot-hit town
Realty brokers in battered Ferguson, Missouri, are predicting many homes could go up for sale early next year after rioting over the August police shooting of a black teenager appeared to put a chill on the number of active listings.
QE or not QE? Spotlight on the ECB as inflation dips
The ECB's monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European woes and U.S. strength.
Vodafone Qatar says scraps bid for broadband firm: statement
Vodafone Qatar VQFS.QA has scrapped its bid to buy state-owned wholesale Internet provider Qatar National Broadband Network (QNBN), the country's No.2 mobile operator by subscribers said on Sunday.
GSK to axe U.S. jobs as part of $1.6 billion cost cuts: sources
GlaxoSmithKline will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving program, sources familiar with the matter said on Sunday.
Latest News
Brazil's efforts to bring down its debt will translate into renewed investor confidence and additional room to continue poverty-reduction policies for the years to come, incoming Finance Minister Joaquim Levy said on Saturday.
Britain's Merlin Entertainments is to open a Legoland theme park in South Korea, as part of its long term expansion plans to generate more of its income from overseas markets.
British boy band One Direction became the only group to score four consecutive No. 1 debuts on the U.S. Billboard 200 album chart on Wednesday, ousting Taylor Swift from her chart-topping reign.
Blistering sales this week of Latin American art set auction records for 31 artists spanning three centuries, ranging from creators in the Spanish colonial period to living artists like Colombia's Fernando Botero.
Essar Group, a $39 billion Indian conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to Tehran, in a novel attempt to work around Western financial sanctions against the OPEC member state.
The European Commission postponed until March its decisions on whether the 2015 budgets of France, Italy and Belgium break EU rules, saying it needed more information to be sure.
German Chancellor Angela Merkel is backing loss-making Air Berlin in a dispute over whether its Abu Dhabi-based partner Etihad is exercising too much control, Focus magazine reported on Saturday.
Leading U.S. CEOs, angered by the Obama administration's challenge to certain "workplace wellness" programs, are threatening to side with anti-Obamacare forces unless the government backs off, according to people familiar with the matter.
France wants to gradually phase out the use of diesel fuel for private passenger transport and will put in place a system to identify the most polluting vehicles, Prime Minister Manuel Valls said on Friday.
