Sunday Round-Up: The main stories from yesterday's City pages

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The Independent Online
The Independent on Sunday

Leading institutional investors plan to vote against the re-election of Lord Weinstock, managing director of GEC, at the company's annual meeting in September. Lord Weinstock, 70 this month, plans to say in the job for another two years.

Lord Hanson is expected to step down as head of the company bearing his name before the end of 1995, two years earlier than expected.

Board divisions over a re- structure at Wembley have left chairman Sir Brian Wolfson isolated.

The Government is considering handing the BBC the proceeds from privatising is transmitter network - on condition that it invests in technology capable of launching BBC3 and BBC4 by 1997.

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The Sunday Times

The Ministry of Defence has asked the US for a list of possible American alternatives to Eurofighter 2000, the four-nation project in which the cost has soared to pounds 43bn.

The long-running row between hoteliers Forte and the Savoy has delayed the appointment of Sir Roger Gibbs, head of Wellcome Trust, as the new Savoy chairman.

Music promotor Harvey Goldsmith is interested in reversing his private company Allied Entertainment into Wembley.

New Yorkers are looking forward to a battle royal between Donald Trump and Leona Helmsley for control of the Empire State Building.

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Mail on Sunday

Maurice and Charles Saatchi have won a High Court injunction against Robert Louis-Dreyfus, the advertising agency's former chief exexcutive. The Saatchi brothers claim Mr Louis- Dreyfus has seized for himself share options in Adidas, the German sportswear company, which belong to them.

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Great Southern Group, the funeral director fighting off an American takeover bid, last year paid out pounds 60,000 in school fees for some of its directors' children.

The Duke of Westminster's Grosvenor Estates Holdings is to buy City of London office property for the first time.

Pillar Property, which is seeking a stock market listing, is considering a partnership with British Aerospace's Arlington Securities.

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Sunday Telegraph

A frustrated DTI official is suspected of being the origin of the leak that Lord Archer was the subject of an insider dealing investigation.

Recent falls in bond prices are alarming fund managers in the Lloyds of London insurance market.

New York markets are braced for turmoil today following remarks made by President Bill Clinton about a G7 intervention package to support the dollar.

Managers at opticians Dolland and Aitchison have re-opened buyout talks with tobacco group American Brands.

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