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Nationwide in merger talks with rivals

Nationwide Building Society <NAT.UL>, one of Britain's biggest home-loan leaders, said on Sunday that it was in advanced talks over proposed mergers with both the Derbyshire and the Cheshire Building Societies.

Morrison to top growth league

Wm Morrison Supermarkets <MRW.L> is set to post a 19 percent rise in first-half underlying profit on Thursday and confirm it is taking market share from bigger rivals as cash-strapped shoppers flock to its lower price stores.

U.S. plan for Fannie and Freddie to hit shareholders

The U.S. government plans to take over Fannie Mae <FNM.N> and Freddie Mac <FRE.N> and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.

Boeing machinists walk off the job as talks fail

NEW YORK/EVERETT, Washington (Reuters) - Boeing's <BA.N> 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.

Alitalia adviser to meet BA on rescue plan

Alitalia's <AZPIa.MI> adviser will soon present its rescue plan for the airline to British Airways <BAY.L>, considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.