Cadbury is to cite brand value in defending itself against Kraft’s £10.1 billion hostile takeover offer.
Source: Financial Times
John Lewis said it had sold a record £102.4 million worth of goods in the seven days to last Saturday – up 13.8 per cent on the same week last year and 6 per cent more than two years ago.
Source: The Guardian
The Chancellor Alistair Darling has warned high earners they will be expected "to bear the greatest burden" of economic recovery in this week’s pre-Budget report.
Source: Daily Telegraph
Tesco will go head-to-head against Marks & Spencer and Waitrose by offering big discounts on its Finest range of foods and introducing new luxury items in the run-up to Christmas.
Source: The Times
AIG executives threatened to quit last week if their compensation was cut significantly by the insurer’s government overseers.
Source: Wall Street Journal
The management of loss-making furniture group Habitat is set to take control of the company in a deal sealed with a £27 million offering from its Swedish owners the Kamprad family, heirs to the Ikea fortune.
Source: The Guardian
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