And in the real world... Kraft, Allianz, Aer Lingus and more

LONDON - Today's round-up of the biggest business stories.

World news... round-up
World news... round-up

Kraft is understood to be open to raising its £9.8 billion hostile offer for Cadbury, in an effort to win over the shareholders at the confectionary group. Cadbury rejected another formal bid from Kraft yesterday, labelling it "derisory".
Source: Financial Times

Aer Lingus has reported a 9.7 per cent fall in revenues for the three months ending September; an improvement on the 12.2 per cent fall in revenue witnessed in the first half of this year. The airline attributed the positive results to its decision to cut its long-haul network.
Source: Financial Times

Allianz, Europe's largest insurer, has more than doubled its quarterly net income from its operations, thanks in part to the rally in the world markets during the period.
Source: Financial Times

Analysts are hoping that the spending in the run-up to Christmas could help drag the economy out of recession, after like-for-like high-street sales rose by 3.8 per cent year on year.
Source: The Times

Rupert Murdoch has warned that he is likely to remove his newspaper's stories from Google as a way to encourage people to start paying for online content.
Source: The Guardian