The EU's other single market.(Did you know?)(European Union)(Brief Article)

Could the European buying binge in the United States be coming to an end? Last year alone, according to the US Commerce Department, European companies poured a quarter of a trillion dollars into the US amounting to 80 per cent of all direct foreign investment. With the euro and European shares falling, however, and deals like Alcatel's $23 billion buyout of Lucent Technologies collapsing in acrimony some think the takeover trail could be petering out.

Not Business Week. Il Fornaio, the dealmakers' restaurant of choice in Palo Alto, may have fewer customers but the US business magazine believes the US continues "to cast a strong enough spell over Europeans to keep …