Some Anheuser-Busch shareholders have filed lawsuits seeking to force the U.S. brewer to fairly consider the $46.3 billion takeover bid from InBev, according to court documents obtained by Reuters Tuesday.

Yahoo sought to rally shareholder support for its board of directors and management amid a proxy battle with billionaire Carl Icahn, saying the investor had outlined an "ill-defined plan" for the future of the Internet company.

European shares rose on Monday, lifted by robust energy stocks, but ended the month with a 10 percent decline as a surge in crude prices underscored concerns over inflation.

France Telecom withdrew a $40 billion plan to acquire TeliaSonera on Monday, pleasing its own shareholders but casting doubt over the Nordic operator's future.

Global steel giants ArcelorMittal and POSCO have separately bought stakes in Macarthur Coal, raising the possibility of a bidding war for the Australian mining company as steelmakers rush to secure stable coal supplies.

Steel magnate Lakshmi Mittal considered buying a stake in bid target Rio Tinto to expand his interests in iron ore but has decided against it for now, sources familiar with the matter said on Monday.

Australian investment firm Babcock & Brown said on Monday its lenders had agreed to drop a market capitalization-linked review clause to its debt facility, and said it would pre-pay some of the debt.

Anheuser-Busch laid out a plan to cut $1 billion in costs and improve earnings as it tries to convince investors that InBev's $46.3 billion offer for the largest U.S. brewer was too low.

Beleaguered Swiss bank UBS is considering the sale of Paine Webber, the heart of its U.S. wealth management business, according to sources with direct knowledge of the matter.

InBev weighed up its next move on Friday after turning tough with reluctant bid target Anheuser-Busch to pressure the Budweiser brewer's shareholders, although analysts do not see a hostile bid yet.

European stocks fell on Friday as profit warnings by retail bellwether Carrefour and mobile-phone maker Sony Ericsson rattled investors and added to worries over record oil prices.

InBev said it filed a lawsuit to confirm that Anheuser-Busch shareholders can remove the U.S. brewer's board. Separately, Anheuser's board formally rejected InBev's $65-per-share offer.

Bank of America Thursday said it expects to eliminate about 7,500 jobs over the next two years after it completes its acquisition of Countrywide Financial, the largest U.S. mortgage lender.

European shares fell to their lowest close since October 2005 on Thursday, with banks the heaviest-weighted losers after a bearish note from Goldman Sachs reignited fears of further losses in the sector.

Australia wants to tighten foreign-investment rules to curb Chinese takeovers of local miners, a national daily said on Thursday, as it emerged that China's Sinosteel was circling two Australian iron ore firms.