LONDON (Reuters) - The prospects of Swiss drugmaker Roche raising a $45 billion syndicated loan to finance the buyout of the rest of U.S. biotech group Genentech are becoming increasingly remote.

Original post by Reuters: Business News

SINGAPORE (Reuters) - Singapore Food Industries said on Monday its majority shareholder, Temasek Holdings is in talks to sell its stake in the firm.

Original post by Reuters: Business News

DETROIT (Reuters) - The board of General Motors Corp met on Sunday to review a restructuring plan intended to cut costs and win support for up to $12 billion in emergency funding from the U.S. government, a person familiar with the deliberations said.

Original post by Reuters: Business News

PARIS (Reuters) - As recession extends its tentacles across the globe, it is getting hard just to track the hundreds of billions of dollars governments are throwing or promising to throw at the problem.

Original post by Reuters: Business News

NEW YORK (Reuters) - U.S. consumers sought bargains on toys, clothes and electronics as holiday shopping kicked off this weekend, but an early rush to stores was slower this year and was not likely to change a weak outlook for the season, analysts said on Sunday.

Original post by Reuters: Business News

WASHINGTON (Reuters) - The Big Three U.S. automakers should tell Congress they will limit corporate pay, bonuses and severance packages in return for government loans, the president of the United Auto Workers union said on Sunday.

Original post by Reuters: Business News

NEW YORK (Reuters) - Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.

Original post by Reuters: Business News

LONDON (Reuters) - A report in the Sunday Times that Microsoft Inc is in talks with Yahoo Inc to buy the U.S. internet company’s online search business for $20 billion is “total fiction” according to a key executive cited by an influential U.S. blog.

Original post by Reuters: Business News

LONDON (Reuters) - If markets are forward looking, investors might find themselves tempted to buy stocks and other risky assets just as major economies, most of them already in recession, deteriorate further.

Original post by Reuters: Business News

LONDON (Reuters) - Deloitte LLP, the administrator of the retail and distribution businesses of British retailer Woolworths Group Plc , has received dozens of inquiries from companies and individuals for parts of the business, according to newspaper reports on Sunday.

Original post by Reuters: Business News