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Bunge lays out case for independence in restructuring

Global grain trader Bunge Ltd.'s cost cutting and restructuring plans could buy it time in the face of a takeover bid from a larger rival as it struggles to stay independent during a slump in the commodities market, analysts said.

Carrefour's Diniz hails Brazil IPO, shares slip

Carrefour SA board member Abilio Diniz said on Thursday the initial public offering of the retailer's Brazilian unit shows the country is overcoming its harshest recession in a century as shares slipped in their market debut.

AB Inbev to buy soft drinks firm Hiball

The world's largest brewer Anheuser Busch InBev said on Thursday it was acquiring Hiball, a San Francisco-based producer of energy drinks and owner of the Alta Palla brand of organic sparkling juices and sparkling waters.


'No more woe is me': Senator McCain vows quick return to Washington

WASHINGTON/PHOENIX, Ariz. U.S. Senator John McCain promised on Thursday he would return rapidly to Washington despite his newly diagnosed brain cancer, flashing the fighting spirit that has defined him since he was held in captivity as a U.S. Navy pilot during the Vietnam War. | Video