"Losers club" sought to derail India deal-Vodafone

(Reuters) - Arun Sarin, the chief executive of global wireless operator
Vodafone Group Plc , called for greater transparency in
India's merger approval process to defeat backroom efforts by
vested interests to manipulate India's political bureaucracy.




"I really did not expect people -- the 'good and great' of
India -- to be calling cabinet secretaries, ministers, to say,
'You have to unwind this deal, because we want a piece of it,'"
Sarin told a conference of Indian business and academic leaders
taking place in Silicon Valley this weekend.


Read more at Reuters.com Government Filings News

More arrested for defying Zimbabwe price freeze

(Reuters) - Zimbabwe police arrested 17 more business executives for defying an official price freeze, as the ruling party endorsed the government's tough stance on businesses, state media reported on Saturday.

President Robert Mugabe's government last week ordered prices of basic goods and services slashed by half and deployed a crack enforcement unit, which has arrested more than 200 business people for breaching the price controls.


Read more at Reuters Africa

European Shares Climb for Second Week, Paced by Commodities; Accor Rises

(Bloomberg) -- European stocks rose for a second
week after a rally in commodity prices sent indexes of mining
and oil companies to records. Antofagasta Plc and Total SA paced
the advance.

Accor SA, Europe's largest hotel chain, led travel and
leisure shares higher after Hilton Hotels Corp. agreed to be
bought for $20 billion. Phone companies and utilities limited
gains in the region on concern central banks will continue to
lift interest rates.


Read more at Bloomberg Stocks News