A-Z of Sunday business news

12 April 2012

THIS Is Money reads the papers so you don't have to. Here is our round-up of stories from the business pages this weekend:

AstraZeneca
Sunday Times: The sale of Marlow Foods, the AstraZeneca subsidiary that makes Quorn, has been threatened by allegations that the meat substitute causes vomiting and diarrhoea.

Brightview
Sunday Times: The internet service provider is considering selling out to a bigger telecoms group after completing the purchase of three more ISPs.

British Energy
Sunday Telegraph: The beleaguered nuclear power company will announce that it is to close a reactor at its Dungeness B power station in Kent for refuelling.

Cazenove
Sunday Telegraph: The UK's best-connected stockbroker could postpone plans for a flotation on London's main market and list on Aim instead.

Citigroup
The Business: Citigroup head Sandy Weill and his senior executives are under pressure to reveal what they knew about one-time telecoms analyst Jack Grubman, who resigned from the group's investment banking arm Salomon Smith Barney. He has been accused of publishing bullish reports on companies to get business for Salomon.

Delancey
Sunday Telegraph: The private property company run by James Ritblat and backed by his father, John, along with the financier George Soros, staged a sneak raid on the AGM of rival property group Tops Estates on Friday.

Deutsche
The Business: Deutsche Telekom is looking for potential buyers for its VoiceStream mobile phone network.

EMAP
Independent on Sunday: David Hepworth, the brains behind some of Emap's most successful magazines, has joined former Emap managing director David Arculus to take on the consumer publishing group on its home turf.

Enron
Independent on Sunday: The wife of former Enron chief executive, Jeffery Skilling, is demanding $875,000 (£570,000) in severance pay from the collapsed energy giant.

FSA
The Observer: The Financial Services Authority, the chief City watchdog, will unveil plans this week for tighter regulation of Britain's multi-billion pound hedge fund industry.

Fortnum & Mason
Sunday Times: The Queen‘s grocer faces a financial crisis. Staff have been told their pay will be frozen and, for the first time in its 300-year history, the store is being forced to open for business on every Sunday.

Hutchison
Sunday Times: Senior figures in the mobile phone industry fear that Hutchison 3G is risking a botched launch by sticking to its deadline of signing up customers by the end of the year.

Marconi
Sunday Telegraph: The telecoms group is preparing to put itself into voluntary liquidation, marking the final chapter of a sorry industrial saga which saw one of the best British corporate names laid low by ill-judged takeovers.

MM02
The Business: The mobile firm's chief executive has effectively admitted that MM02 will have to merge to survive.

Mothercare
Sunday Telegraph: Retail entrepreneur Terry Green is in talks with Mothercare about becoming chief executive of the group.

Murdoch
The Business: Media tycoon Rupert Murdoch has apologised to Bill Gates for remarks he made about the Microsoft chief in an interview. He said: 'Warren Buffett says Bill Gates is the kind of man, who, if he saw a competitor drowning, would push a hose down his throat.'

NatWest
The Observer: British firms including banks Standard Chartered and NatWest, and defence company Vickers, are to face a multibillion-pound lawsuit claiming they profited from collaborating with apartheid-era South Africa.

NTL
The Observer: George Blumenthal, chairman of the UK's largest cable television operator, is expected to quit later this year when the company emerges from Chapter 11 bankruptcy protection.

Rolls-Royce
Independent on Sunday: Rolls-Royce, the aeroplane engine manufacturer, could lose up to £20m in annual profits due to the restructuring announced last week at American Airlines.

SMG
Sunday Times: The troubled media group has held talks with Granada about the £350m sale of its television business. Apax, the venture capitalist, is also considering a bid for the television arm.

Vivendi
The Business: Reed Elsevier and Pearson are considering whether to bid for Houghton Mifflin, the US publisher that has been put up for sale for crisis-hit Vivendi.

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