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(AFX UK Focus) 2008-11-02 16:05
TFN NEWS BRIEFING: Mergers and acquisitions highlights to 15:50 GMT
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2008-11-02 14:25:20 Lower Saxony to fight Porsche control of VW -Wulff

FRANKFURT, Nov 2 (Reuters) - The German state of Lower Saxony plans to fight Porsche SE's plans to take full control of carmaker Volkswagen by making use of its blocking minority, state Premier Christian Wulff said.

2008-11-02 13:59:50 Sabadell says Spain bad loans to rise near 9 pct

MADRID, Nov 2 (Reuters) - Bad debt levels in Spain will rise close to 9 percent of banks' loan books, Sabadell Chief Executive Jaime Guardiola said on Sunday, before adding that the Barcelona bank was alert to takeover opportunities.

2008-11-02 13:36:06 Alitalia buyers confident of relaunch by December

MILAN, Nov 2 (Reuters) - Investors bidding for Italian airline Alitalia are confident they can relaunch it by December 1 even though its pilots and flight attendants still reject the deal.

2008-11-02 12:59:25 Piebalgs to propose new EU energy regulator

MADRID, Nov 2 (Reuters) - European Energy Commissioner Andris Piebalgs will propose a new EU-wide energy regulator with equal powers to national regulators and will push for greater independence for those state watchdogs, he said on Sunday.

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