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Wall Street Week Ahead: Correction talk gets old as rally sails along

NEW YORK - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

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Families edging out private equity in consumer deals

LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Publicis set to buy Microsoft's Razorfish: report

PARIS | Thu Aug 6, 2009 3:23pm EDT

PARIS (Reuters) - French advertising group Publicis (PUBP.PA) is poised to buy U.S. digital specialist Razorfish from Microsoft Corp (MSFT.O), Les Echos reported in an advance copy of the front page of its Friday edition.

Publicis will pay around $600 million for the internet marketing and communication agency, the paper said, without naming its sources.

(Reporting by Helen Massy-Beresford, editing by Leslie Gevirtz)
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