Danone LU arm to meet staff amid sale talk: source
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The LU biscuits division of French food  group Danone  is due to meet trade union  representatives on Tuesday to discuss possible changes at LU, a  trade union source said, amid rumors the unit might be sold.
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US State Department number two Richard Armitage on Wednesday held his second meeting in seven days with Chinese Vice Foreign Minister Dai Bingguo to discuss bilateral issues, a US spokesman said.
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LOS ANGELES  - The Directors Guild of America has begun casual contract talks with the studios, and an announcement of formal negotiations appears likely within the coming week, a step that ensures the writers strike will persist for some time.
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Seattle Seahawks assistant coach Jim Mora becomes the fourth person to interview for the Redskins' head coaching job, meeting with owner Daniel Snyder at his mansion Wednesday.
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Executives from General Motors Corp. were meeting with their Fiat SpA counterparts Tuesday for talks likely to focus on the possible sale of the Italian giant's auto business.
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Dow Jones & Co., which has been in  talks for a takeover by News Corp., will meet with supermarket  magnate Ron Burkle as Dow Jones explores its options, a source  familiar with the situation said on Sunday.
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LOS ANGELES  Â The union representing Hollywood directors said Friday it will begin contract talks Saturday with studios in a move that could affect the ongoing strike by writers.
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French group Danone, whose LU cookies have accompanied the snacks of generations of French children, said Tuesday it was in exclusive talks with US rival Kraft Foods about the sale of its biscuit unit for 5.3 billion euros (7.2 billion dollars).
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A U.S. delegation will begin formal negotiations with Chinese officials in Beijing this week on deals to improve food and drug safety following a series of health scares that have shaken confidence in Chinese-made goods.
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The company says it is discussing a settlement with the Justice Department.
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Chrysler Group Chief Executive Tom LaSorda has told employees of the struggling automaker that it might take months before questions about a possible sale of the unit of DaimlerChrysler AG  could be answered.
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Executives from General Motors Corp. were meeting with their Fiat SpA counterparts Tuesday for talks likely to focus on the possible sale of the Italian giant&#39;s auto business.
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The telecommunications company is said to be in negotiations, in what may be the latest round of deal making in its industry.
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The supervisory board of Deutsche Boerse is to hold an extraordinary meeting on Monday to discuss the German stock market operator's plans to take over the London Stock Exchange, sources close to the matter told AFP.
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Video service execs will meet with Japanese entertainment industry to discuss concerns.
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(InfoWorld) - NEC Corp. executives are negotiating the sale of the company's Packard Bell division, reportedly to eMachines founder Lap Shun "John" Hui. The move would leave NEC without a consumer PC brand, while it continues to supply the European professional market with NEC-branded computers. "NEC is considering an offer, and the process of the sale is underway, but no deal has been completed," NEC spokeswoman Kazuko Andersen said on Friday. However she refused to confirm a story in the International Herald Tribune which identified Hui as the potential buyer. Hui has been publicly shopping for a PC company in recent weeks. In August,Â he made an offer to buy the retail arm of Gateway Inc., but the company'sÂ board rejected the deal. Hui made his initial fortune when he founded the entry-level PC vendor eMachines Inc., and sold it to Gateway in 2004 for US$234 million. Hui owns a reported five percent holding of Gateway stock, as well as Joui International, an office supply company. He has made no public statement about the NEC offer, but has posted media reports about it onÂ his Web site. Calls to the investment banking firm that represents him, Averil Capital Markets Group Inc., were not returned. Whoever the buyer is, this sale will continue NEC's shift from the consumer sector toward enterprise communications. NEC has made several moves in recent months to build its position in telecommunications markets, including a deal in July with Matsushita Electric Industrial Co. Ltd. (Panasonic) to develop mobile phone handsets, and with Texas Instruments Inc. to build a hardware platform for future phones. The company alsoÂ agreed in April to buy 60 percent of the Internet Protocol (IP)-based communications division of Koninklijke Philips Electronics NV. NEC described that deal as a step in its plan to achieve a 10 percent share of the global communications market. Packard Bell is the third-largest vendor of consumer PCs in Europe, where its biggest markets are the U.K., France, Spain, Italy, the Netherlands and Belgium, the company said. In recent years, Packard Bell has begun to sell MP3 players and DVD players as well as basic PCs, and is now expanding geographically into developing markets in eastern Europe, the Middle East, Africa and Latin America. Â
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Negotiators for Hollywood studios  and striking writers have agreed to terms of a new contract  that could be presented to union leaders in days and, if  approved, end their three-month-old labor clash later this  week, two sources told Reuters on Monday.