Reuters - NEW YORK (Reuters) - Ciena Corp has raised its offer for Nortel Networks Corp's optical networking and carrier ethernet business to $714 million, sources familiar with the matter said...
The Canadian Press - MONTREAL - Maine's governor is worried about the proposed mega sale of NB Power to Hydro-Quebec and is eager to voice his concerns to Quebec Premier Jean Charest.
The Canadian Press - TORONTO - The Toronto stock market is entering the last full week of November trading amid another wave of worry about the strength of an economic rebound, while investors will...
Reuters - ZURICH (Reuters) - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion-pound bid by Kraft Foods Inc and a potential move by Hershey,...
Reuters - LONDON (Reuters) - Cadbury Plc would prefer a merger with U.S. chocolate maker Hershey Co rather than Kraft Foods Inc, the British company's chairman Roger Carr told the Sunday Telegraph...
Reuters - TORONTO (Reuters) - It was supposed to be a year of blood-letting, but Canada's big banks are poised to close 2009 with another decent quarter as strong trading revenues again offset big...
Reuters - ZURICH (Reuters) - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion pound ($16.3 dollars) bid by Kraft Foods Inc and a potential move...
AFP - BERLIN (AFP) - German rail operator Deutsche Bahn said Sunday it had signed a multi-billion-euro contract to build high-speed railway lines and underground transport networks in Qatar and...
AFP - WARSAW (AFP) - The European Union may have inched out of its sharpest recession since the global slump of the 1930s, but green shoots are not emerging uniformly across the 27-nation bloc's...
AFP - WASHINGTON (AFP) - US retailers are taking desperate measures to spark holiday sales in the face of what promises to be another troubled year-end shopping season.