LONDON - World share markets looked vulnerable to further falls on Friday, with better economic news from Europe doing little to encourage investors who are worried that central bank stimulus may curtailed.
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.
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.
EADS-BAE talks hit new roadblock : sources
PARIS/BERLIN (Reuters) - Merger talks between EADS (EAD.PA) and BAE Systems (BAES.L) have hit a new obstacle over Germany's reluctance to endorse an Anglo-French scheme for handling state shareholdings, several sources familiar with the matter said on Tuesday.
"Tonight, it is blocked," one source said, asking not to be named.
The German government declined comment.
EADS was not immediately available for comment.
The two companies are now considered unlikely to issue a statement before Wednesday's market opening on whether they plan to seek an extension to a deadline which expires at 1600 GMT (12.00 p.m EDT) , the sources said.
A statement could be issued later in the day, two sources said.
Earlier, Britain and France had reported progress on efforts to resolve conflicts over state shareholdings and Britain said the companies would issue an early Wednesday statement.
(Reporting by Tim Hepher, Matthias Blamont, Michelle Martin, Andrea Shalal-Esa)
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