The late ticker
Sunday 08 June 1997
The leading European supplier of catalytic converters for cars, Degussa, has warned that severe shortages of palladium and platinum could halt car production within weeks.
Ford and GM declined to comment on their palladium and platinum supplies, while Chrysler said it had adequate supplies of palladium. Stockpiles of palladium are critically low because Russia has exported none this year. Metals traders in London met on Friday to discuss the prospect of defaults on traded contracts.
THE Italian Treasury said it will not convert the savings shares of Stet and Telecom Italia into ordinary shares when it merges the two state- controlled companies ahead of selling the combined group to private investors. The sale later this year could raise 20 trillion lire (pounds 7bn).
Excel buys Telco
Excel Communications, the US long-distance telephone company, is to acquire Telco Communications, a phone network company, for $1.2bn, creating the fifth-largest US long-distance company.
Sales of the tablet are set to fall again, say analysts
Met Police confirm there was a 'minor disturbance' and that no-one was arrested
George Lucas criticises the major Hollywood film studios
Does Chris Grayling realise what a vague concept he is dealing with?
Trend which requires crisps, a fork and a strong stomach is sweeping Mexico's streets
Concerns raised phenomenon is threatening resort's image as a family destination
I Am Bread could actually be a challenging and nuanced title
- 1 Indian footballer Peter Biaksangzuala dies after injuring spine doing somersault celebration
- 2 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 3 Drink alcohol and eat meat to improve male fertility - but cut down on coffee, studies suggest
- 4 Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
- 5 Lynda Bellingham dead: Loose Women presenter dies after battle with colon cancer
Sophia Loren: How I rejected Cary Grant and 'pulverised' Marlon Brando with my eyes
Banksy arrest hoax: Internet duped by fake report claiming that the street artist's identity has been revealed
'Russian submarine spotted' by Swedish military off coast of Stockholm
Kentucky gang rape: 15-year-old boy left in critical condition after sexual attack by group at party
Oscar Pistorius sentence: Athlete's wealth and notoriety provoke an overdue debate on South African prisons
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Sorry Judy Finnigan – Ched Evans is no less sickening than an alleyway rapist
Residents should throw a street party and mix with immigrant neighbours, councils told
Workers 'could be forced to pay £5 a week' to get benefits
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver allegedly kicks gay couple off for kissing
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