Property mogul fights Murdoch for NY daily 2008-04-29 06:01 - PUBLISHER Mort Zuckerman has joined the fight for New York’s Newsday, launching a $580m (£292m) offer for the suburban newspaper.
Bishop plays it cool as BMI bidders circle 2008-04-29 06:01 - A RADICAL reshaping of world aviation is set to kick off this week, with four
of the biggest American players in takeover talks and bidders circling BMI
British Midland, the second-biggest airline at Heathrow.
Forget 2008. Next year is the one to fear 2008-04-29 06:01 - THE quarterly reporting season is upon us – an ideal time, one would think, to
stop and take stock of corporate earnings and future prospects. If only it
were that easy. The conflicting signals coming from our big European and
American companies are not easy to interpret. But so far, among these large
corporations, there has been more good news than bad and provides hope that
the knock-out blow that has floored financial institutions exposed to the
credit crunch is not being felt in the wider economy.
Bank walks the inflation tightrope 2008-04-29 06:01 - IT never rains but it pours. While the credit crunch hangs over the economy
like the grim reaper, food prices have jumped to their highest since 1945
and oil came within a whisker of $120 a barrel. Faced with the twin perils
of recession and inflation, policy-makers are earning their money.$
It’s a myth that the world’s oil is running out 2008-04-29 06:01 - THERE are more misunderstandings about the oil market than perhaps any other.
In America, drivers are fuming and politicians are demanding explanations
because petrol has hit about $3.50 a gallon. That$’s 47p a litre, less than
half the 105p-115p being paid by British motorists. So “high” in Cambridge,
Massachusetts, and Oxford, Mississippi, is “low” in similarly named cities
in Britain.
European Commission scathing over Brown and Darling’s borrowing 2008-04-29 06:01 - Brussels inflicted a double embarrassment on Alistair Darling today,
challenging his economic forecasts as too rosy and launching disciplinary
action against Britain for allowing its finances to slide too deep into the
red.
United Evaluates Its Merger Options 2008-04-29 06:01 - The chief executive of United, Glenn F. Tilton, indicated on Monday that the carrier’s efforts to find a partner would continue after a rival, Continental Airlines, abandoned merger talks.
Kerkorian Buys 4.7% of Ford and Plans More 2008-04-29 06:01 - Kirk Kerkorian’s investment arm said that it had bought 100 million Ford shares since April 2 for $690 million.
Mars to Buy Wrigley’s for $23 Billion 2008-04-29 06:01 - The deal for the chewing gum company, financed in part by Warren E. Buffett, creates a confectionery behemoth.
Murdoch’s ?Head of Content? 2008-04-29 06:01 - Robert Thomson, the new de-facto editor at The Wall Street Journal, is charged with executing the vision of its owner, Rupert Murdoch.
