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- Decision on BBC funding delayed until after election
- Ministers said yesterday they would delay until after the next election any final decision on whether to force the BBC to share part of its by Financial Times
- External links 2009-11-16
- Disney to build China theme park
- The Chinese government has approved an application from Walt Disney to build a theme park in Shanghai, paving the way for the company to establish a foothold in mainland China.With an estimated cost of $3.5bn, the park would be one of the biggest investments in China by an international...
- News items 2009-11-03
- GM board to reconsider Opel sale plan
- General Motors' board is set to meet on Tuesday to reconsider the planned sale of Opel to Canadian car-parts supplier Magna and Sberbank, the Russian bank.The reassessment of the long sales process, which has been fraught with political haggling over job cuts and state financing, comes after the European...
- External links 2009-11-02
- Grey is the new colour
- "A strange mixture of well-meaning steps at social reform, half-baked schemes for quasi-socialist industrial planning, regulation to protect consumers, welfare programs to help the hardest hit, government support for the cartelisation of industry, higher wages for some, lower wages for others, on the one hand government pump priming, on...
- News items 2009-10-30
- Hope grows for safe slimming pill
- The prospects of a safe weight-loss pill for the obese improved this week with the presentation of clinical results in the US at the annual scientific meeting of the Obesity Society in Washington.Several slimming products have been withdrawn from the market in recent years because of side-effects. But Arena...
- News items 2009-10-29
- Pay tsar turns attention to 525 executives at Tarp groups
- Kenneth Feinberg, the US special master on compensation, has begun scrutinising the pay plans of about 525 second-tier executives at the seven companies receiving "exceptional assistance" from the government.After last week's decision to demand severe curbs on compensation, particularly cash, for the top 25 employees at companies that range...
- External links 2009-10-27
- Nokia steps up 3G battle in China
- Nokia, the world's biggest mobile phone maker, yesterday introduced its first handset for China's home-grown 3G standard, following years of pressure and lobbying from the Chinese government and China Mobile, the country's leading mobile operator,China Mobile. China MobileChina is shaping up as a new battleground for smartphones, with Apple's...
- External links 2009-10-27
- Spanish GM workers agree restructuring
- General Motors' Spanish workers on Monday voted to approve Magna International's modified restructuring plan for their plant, bringing the Canadian company's takeover of Opel a step closer.Separately, the European Commission on Monday said it would rule by November 27 as to whether the deal complied with its antitrust...
- External links 2009-10-26
- GM in uphill battle as it plans for IPO
- General Motors is fighting a war on several fronts as it labours to sell its Opel unit in Germany, repay debts to the US government and persuade consumers to buy its cars, but it remains on track for an initial public offering in the second half of 2010.GM, which...
- External links 2009-10-19
- Germany seeks to soothe Opel fears
- Germany's government has dismissed fears that General Motors' sale of its Opel business may have to be halted or delayed because of European Commission concerns about the proposed deal.Karl-Theodor zu Guttenberg, economy minister, said the plan for Opel to be sold to Magna International, a Canadian car parts supplier,...
- External links 2009-10-18
- Supreme Court to hear appeal by Enron chief
- The US Supreme Court has agreed to hear Jeffrey -Skilling's appeal over his criminal conviction in the Enron case.The decision raises the prospect that yet another verdict in the government's five-year investigation into criminal activity at the Houston energy company could be overturned.Mr Skilling, Enron's former chief executive, was...
- External links 2009-10-13
- Government climate body calls for U-turn over energy deregulation
- Liberalisation of the UK's energy market should be reversed, with ministers taking more control of decisions such as building new renewable energy generation, the government's Committee on Climate Change will say today.The call for a U-turn on 20 years of government policy that has created one of the world's...
- External links 2009-10-11
- UK raises concerns over Opel deal
- Britain will not accept Magna International's plan for the takeover of Vauxhall/Opel unless "shortcomings" identified in a report by PwC are addressed, Britain's business secretary, Lord Mandelson, said on Thursday.Speaking to the Financial Times on a visit to Seoul, Lord Mandelson said the UK government could not "sign off"...
- External links 2009-10-07
- French minister denies under age sex
- Frédéric Mitterrand , French culture minister was at the centre of a political storm yesterday over admissions that he paid for sex with "boys" in Thailand.The revelations resurfaced after Mr Mitterrand expressed support for Roman Polanski , the film director and confessed child abuser, who was arrested in Switzerland...
- External links 2009-10-08
- GM decision a setback for Merkel
- General Motors' decision to keep Opel, its European arm, is an embarrassing setback for Angela Merkel, the German chancellor.Little more than an hour after she had taken off from Washington following a widely praised speech to the US Congress, reports emerged that her efforts to secure a takeover of...
- News items 2009-11-04
- Ethnic tensions stretch Bosnia's power grid to breaking point
- After hundreds of millions of euros spent on reconstruction after its ruinous civil war, Bosnia-Herzegovina's postwar electrical transmission system has started to succumb to inter-ethnic political tensions.The managing board of the Balkan country's sole power supply company, paralysed by ethnic divisions, has failed since last year to make new...
- External links 2009-11-03
- Nissan buoyed by soaring sales in China
- YOKOHAMA, Japan, Nov 4 (Reuters) - Nissan Motor, Japan's third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market's expectations.Nissan had been expected to lift its forecasts after it cranked up its sales...
- News items 2009-11-04
- GM to begin repaying bail-out loans as it reveals fresh losses
- General Motors yesterday reported a further loss in its first quarter since leaving bankruptcy, but said it would begin repaying its bail-out loans to the US and Canadian governments next month.The US government-controlled carmaker reported a $1.15bn ( by Financial Times
- News items 2009-11-16
- 'Big Brother' data plan faces friction
- Internet providers such as BT, Virgin Media and BSkyB are on a collision course with the police and security services over de-mands they store records of all e-mail, social networking and web traffic, according to an industry document seen by the Financial Times.In its written response to the Home...
- News items 2009-11-15
- Berlusconi presents judicial reform bill
- Silvio Berlusconi's centre-right government on Thursday presented a controversial judicial reform bill to parliament that would limit the duration of some trials already in progress to six years and possibly terminate two cases pending against Italy's billionaire prime minister and media magnate.Opposition politicians and the national association of magistrates...
- External links 2009-11-12
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