SHARES : THE WEEK
Sunday 09 April 1995
Govett & Co, the UK-based fund management company, confirmed it was discussing the sale of its fund management business after its failure to merge with the Duff & Phelps.
Japan's finance ministry said its current account surplus for February rose to $12.33bn (£771bn), dashing hopes of relieving pressure on the yen.
The National Audit Office is to investigate the contract awarded by Lord Wakeham to NM Rothschild, government bankers to the British Coal privatisation. Lord Wakeham, Secretary of State for Energy from 1989 to 1992, joined Rothschild's board earlier this year.
Announcing pre-tax profits of £10.7m (1993: £1.7m), McAlpine, the construction group, warned that rising land prices and construction costs would pressurise margins in the face of modest house price increases.
British Airways said it had reached an out-of-court settlement in its dispute with Virgin Atlantic in the UK. Virgin's damages claim against BA in the US for almost $1bn continues.
Seagram, the Canadian drinks giant, sold 95 per cent of its shares in Du Pont, the US chemical group, back to the company for $8.8bn. It has bought MCA, the Hollywood studio, from Matsushita of Japan for $7bn.
- 1 The truth about 'girl things': Three cheers for Heather Watson's honesty
- 2 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 5 Men behaving badly: Urinating while standing, 'manspreading' and the gendering of selfishness
Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
UK weather: Snow to fall in the coming week with sub-zero temperatures to last until early February
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign
Ellen DeGeneres leads Johnny Depp, Gwyneth Paltrow and Paul Bettany in revealing game of Never Have I Ever
Nigel Farage: NHS might have to be replaced by private health insurance
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
British Muslim school children suffering a backlash of abuse following Paris attacks
George Galloway condemns 'racist, Islamophobic, hypocritical rag' Charlie Hebdo at freedom of speech rally
Islamic history is full of free thinkers - but recent attempts to suppress critical thought are verging on the absurd
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