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Nestle Said to Consider Options for Cadbury, May Challenge Kraft, Hershey Nestle SA is weighing options including a possible bid for Cadbury Plc that would challenge Kraft Foods Inc.’s offer and a potential move by Hershey Co., according to two people with knowledge of the matter.

Fiat Chief Executive Marchionne Would Have Left Had Agnellis Lost Control Fiat SpA Chief Executive Officer Sergio Marchionne said at a trial that he would have left his post in 2005 had the Agnelli family lost its controlling stake in the carmaker.

Euro-Area Economy Returns to Growth With 0.4% Expansion in Third Quarter The euro-area economy emerged from its worst recession since World War II in the third quarter as exports from Germany and France helped compensate for consumers’ reluctance to increase spending.

European Stocks Post First Weekly Decline Since October, Paced by Danone European stocks posted their first weekly decline since October on concern the eight-month rally in equities has outpaced the outlook for earnings growth and central banks will withdraw stimulus measures.

Arpe Aims to Double Revenue of Banca Profilo With Private Bank Expansion Matteo Arpe, chairman of Banca Profilo SpA, wants to boost revenue at the company by making 90 hires to expand in private banking.

Ferrari Recalls Sports Cars in U.S. to Fix Fuel Leak That Poses Fire Risk Ferrari, Fiat SpA’s luxury sports- car division, recalled 2,356 F355 and 355 F1 models in the U.S. to fix a potential fuel leak that could set the engines on fire.

Lottomatica Says Italian Administrative Court Annuls Scratch & Win Auction Italy’s administrative court of the Lazio region annulled the auction of the concession of a scratch and win lottery won by Lottomatica SpA, a company official said by phone today.

Seat Pagine Gialle Confirms Guidance; Says Has `Headroom' on Covenant Seat Pagine Gialle SpA said it confirmed its 2009 financial targets announced in August with its nine-month results, according to a statement distributed through the Italian exchange.

Bank of Italy Says Fair Playing Field Requires Strict, Uniform Regulation Bank of Italy Deputy General Director Anna Maria Tarantola said some financial centers may end up with an unfair advantages unless regulators uniformly impose stricter rules over the global banking industry.

San Marino Will Exchange Banking Data With Other Countries, Mularoni Says San Marino will share banking information with other countries concerned about tax evasion and can withstand the outflow of funds that investors bring back to Italy as part of a tax amnesty, government officials said.

General News

Pope, Archbishop of Canterbury Agree in Rome to Strengthen Relationship Pope Benedict XVI and Rowan Williams, the archbishop of Canterbury, reiterated their wish to strengthen the relationship between the Roman Catholics and the Church of England at a meeting in Rome today.

Italian Police Arrest Two Pakistanis in Brescia Linked to Mumbai Attacks Italian police today arrested two Pakistani nationals who were charged with aiding terrorists in connection with the Mumbai attacks in November 2008.


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