LONDON (Reuters) - World stocks nosedived and demand for safe-haven bonds and currencies soared on Monday as fears gripped investors that a deteriorating U.S. economy would drag others down with it.
RIO DE JANEIRO (Reuters) - Brazilian mining giant Vale said Monday it was in talks with Anglo-Swiss rival Xstrata about a takeover, a deal that analysts said could top $100 billion in one of the biggest mergers ever.
NEW YORK (Reuters) -This week could mark the end of the bull market for Wall Street, with U.S. stocks likely to join a global equity market plunge triggered by fears of a U.S. recession.
NEW YORK (Reuters) - Getty Images Inc , the world's biggest supplier of pictures and video to media and advertising companies, has put itself on the auction block and could fetch more than $1.5 billion, The New York Times reported on Monday.
NEW YORK (Reuters) - U.S. stock index futures sank in holiday-shortened trading on Monday as fear of a U.S. recession gripped investors, indicating Wall Street was likely to join a global equity markets plunge that may usher in a bear market when trading resumes on Tuesday.
LONDON (Reuters) - Britain set a two-week deadline for a private-sector rescue of Northern Rock that would allow the stricken bank's 25 billion pound emergency funding to be converted to government-guaranteed bonds to help smooth a deal.
BRUSSELS (Reuters) - Google attacked European parliamentarians and privacy advocates on Monday for trying to have competition authorities consider the handling of personal information in its $3.1 billion takeover of rival DoubleClick.
MUNICH (Reuters) - Private equity investor KKR , which acquired Germany's ProSiebenSat.1 with Permira in December 2006, is placing its bets on the success of old media and will stick with ProSieben, it said.
LONDON (Reuters) - British waste-collection firm Biffa has received a counter-approach worth around 1.5 billion pounds ($3 billion) from a fund backed by General Electric , said sources familiar with the matter.
BRUSSELS (Reuters) - Ford Motor Co's plant in Belgium resumed production on Monday after workers voted to accept a provisional deal between union and management and to end their strike.
