And in the real world... Lloyds, RBS, Kraft, Ford, Orange and more

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

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

Lloyds Banking Group and Royal Bank of Scotland on Tuesday announced that they plan to raise £54.5 billion in moves agreed with the UK Government and the European Commission.
Source: Financial Times

Irene Rosenfeld will use Kraft's third-quarter results to convince shareholders that the company is in a strong position to launch a hostile bid for Cadbury by Monday.
Source: The Daily Telegraph

Ford yesterday offered a rare ray of hope for a car industry in the doldrums by reporting that it had made a $1 billion profit in the third quarter of 2009.
Source: Financial Times

The battle for iPhone customers in the UK will be fought on the strength of the operators' networks this Christmas, after Orange announced its official launch date and tariffs.
Source: The Independent






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