Cigarette maker Reynolds American's (RAI.N) proposal to buy smaller rival Lorillard Inc (LO.N) presents antitrust regulators with a conundrum: Their mandate is to prevent higher prices because of mergers, but U.S. public policy aims to make cigarettes more expensive to discourage smoking.
Actress Aishwarya Rai Bachchan is set to return to Bollywood after being away for a while due to her giving birth to daughter Aaradhya. According to reports, Aishwarya will be playing a lead role in Sanjay Gupta's crime thriller movie "Jazbaa." However, a source claimed that the actress is not very happy with the plot of the movie and has even asked the director to make several revisions on the script. Aishwarya had not confirmed or denied the matter.
NATO aircraft tracked Russian strategic bombers over the Atlantic and Black Sea on Wednesday and sorties of fighters over the Baltic in what the Western alliance called an unusual burst of activity at a tense time in East-West relations.