Kraft stands firm on Cadbury bid approach

 Kraft Foods has vowed to maintain discipline in its pursuit of British chocolatier Cadbury, suggesting the U.S. group will resist raising the level of its hostile approach. In a rebuttal of Monday's

Dollar steady, stocks waver before Fed meet

The dollar steadied on Tuesday and Asian stocks wavered, despite improving appetite for riskier assets, as investors turned cautious ahead of a meeting of the U.S. Federal Reserve. European shares were set

Obama to investment guru Buffett: Hi cuz

U.S. President Barack Obama, who won political support and has sought advice from investment guru Warren Buffett, may now feel even closer to the world's second richest man. According to their family

Euro zone Oct output falls, recovery seen fragile

Falling output of consumer goods pulled down euro zone industrial production in October and third-quarter employment shrank, data showed on Monday, indicating weak private demand and a fragile recovery ahead. Industrial output

Cadbury sees rival interest as rejects Kraft

Britain's Cadbury said it has received interest from other bidders after raising its growth targets and reporting upbeat trading, as it dismissed a 10 billion pound ($16.5 billion) bid from Kraft Foods. The