What the Sunday Papers said
Monday 06 August 2012
The Independent on Sunday: Fresh problems at HMV as finance chief poised to quit
HMV's finance director is poised to quit just days after chief executive Simon Fox said he was leaving after a roller-coaster six years.
David Wolffe's departure is expected to be announced soon, presenting an immediate problem to the incoming chief executive Trevor Moore, the former boss at camera chain Jessops.
The Sunday Times: Brazilian bank eyes US arm of Royal Bank of Scotland
The Brazilian bank Itau Unibanco is plotting a bid for the American arm of Royal Bank of Scotland. Citizens, based in Rhode Island in the US, could fetch £10bn if RBS does decide to sell it.
Sources say it has been "inundated" with approaches.
The Mail on Sunday: BT ponders legal challenge to BSkyB judgment
BT might launch a legal challenge to a ruling to allow BSkyB to be the first company in Britain to broadcast Hollywood blockbusters on TV. The telecom and internet giant says the ruling by the Competition Commission leaves Sky in a "dominant monopoly position", giving it a "stranglehold" over that part of the market.
The Sunday Telegraph: Marks & Spencer may be takeover target
Marks & Spencer could be a bid target after seeing its shares half since late 2007.
Various institutions including Bank of America are pondering whether to provide finance for a takeover. The chief executive, Marc Bolland, is under pressure due to falling sales of women's clothes and supply chain mix-ups.
The shares opened this morning at 341.1p, valuing the company at £5.4 billion.
Mountain goats miraculously survive avalanche in the Alps
Skyfall's Ben Whishaw confirmed for Freddie Mercury film
- 1 Kenyan politician Mike Sonko left red-faced after photoshopping himself next to Nelson Mandela
- 2 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 3 Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
- 4 Government delays EU immigration report because it is too positive
- 5 'I'm experiencing austerity as well', says Princess Michael of Kent
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