Business diary: Time for some re-writing?

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Diary happened upon this when wandering around BP's investor website. It concerns the oil giant's operations in the Gulf of Mexico: "BP began deepwater Gulf of Mexico operations in the mid 1980s and is currently the largest producer in the Gulf of Mexico. Execution of our exploration strategy has delivered a strong portfolio of large, high quality development projects and positioned BP as the number one net leaseholder." How's that one working out for you guys?



Dragon with plenty of puff

James Caan's public relations people are putting him up for comment on just about anything at the moment. You want views on the banking crisis? You got it. Economics and the way forward for Britain? Not a problem. How about birthdays, bar mitzvahs or even parties for the kids? Got that covered. The dragon is really breathing fire. Anyone would think he had a new venture planned or something. Or maybe a book deal.



A slim hope for British badgers

It looks like the Saudis have taken to going green. Arab News reports that enterprising Saudi investors are looking to step in with a $100m scheme to save outback camels from a cull in Australia, where they're seen as something of a pest. The plan awaits only the approval of the Saudi authorities to become a full-scale rescue bid. Given the kerfuffle about badgers in this country, perhaps the Saudis could help out British animal lovers too. We're not sure how our black-and-white furry friends would adapt to desert conditions, but you never know.

A top Secrett appointment?

The London Stock Exchange Alternative Investment Market is forever stressing the need for its listed companies to behave in an open and transparent way. And rightly so, in Diary's view. So we were more than a little concerned about the latest appointment to the AIM Advisory Group. Of course, he's got a glittering CV, has advised stacks of companies, and now works for Grant Thornton. But with a name like Philip Secrett, you have to worry a little bit.

businessdiary@independent.co.uk

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