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Business

Ciena raises bid for some Nortel assets: sources

Sun Nov 22, 12:00 AM
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 on Sund… more

Canada banks to cap 2009 with decent quarter

Sun Nov 22, 12:00 AM
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 loan losses.… more
The Cadbury logo is seen behind barbed wire at the company's factory in Bournville, central England, November 9, 2009. REUTERS/Darren Staples

Kraft weighs higher Cadbury bid as rivals circle: source

Sun Nov 22, 12:00 AM
PHILADELPHIA (Reuters) - Kraft Foods Inc may raise its offer for British chocolatier Cadbury Plc or offer more cash in its bid if rival takeover offers emerge, a source familiar with … more

Kraft mulls higher offer for Cadbury: source

Sun Nov 22, 12:00 AM
PHILADELPHIA (Reuters) - Kraft Foods may raise its offer for Cadbury Plc or offer more cash in its bid … more

Cadbury prefers merger with Hershey over Kraft: report

Sun Nov 22, 12:00 AM
LONDON (Reuters) - Cadbury Plc would prefer a merger with U.S. chocolate maker Hershey Co rather than K… more

Nestle seen weighing possible Cadbury bid: report

Sun Nov 22, 12:00 AM
ZURICH (Reuters) - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a ho… more

Nestle may consider a bid for Cadbury: report

Sun Nov 22, 12:00 AM
ZURICH (Reuters) - Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a ho… more

Ciena takes Nortel unit auction to 2nd day: sources

Sat Nov 21, 12:00 AM
NEW YORK (Reuters) - The auction for Nortel Network's optical networking and carrier ethernet business went into a secon… more

Canadian bankruptcies jump in September

Fri Nov 20, 12:00 AM
OTTAWA (Reuters) - Canadian bankruptcies rose about 29 percent in September from a month earlier, as consumer felt the p… more

Canada will stay the course on stimulus: Flaherty

Fri Nov 20, 12:00 AM
TORONTO (Reuters) - Finance Minister Jim Flaherty on Friday vowed to resist big, new spending measures in his next budge… more
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