The late ticker
Sunday 29 June 1997
The High Court will tomorrow begin hearing Arthur Andersen's application to have the Government's lawsuit against it reopened in London.
Andersen was auditor to the De Lorean car company, which collapsed 17 years ago. In 1985, the Government served a writ on the firm but subsequently took the case to the Federal Court in New York.
Earlier this year, the Federal Court ruled that it should not try the case. Andersen wants the case brought back to London where it began, rather than starting a new court action in the US, which could delay settlement by many more years.
US Vietnam move
US Secretary of State Madeleine Albright said yesterday that Vietnam can expect most-favoured-nation trading status "very soon".
Ms Albright, on a two-day visit to Vietnam, said that progress towards MFN hinges on Hanoi making significant improvements on human rights issues, but she was "very encouraged" by commitments made by Vietnamese ministers.
BT in Indian deal
British Telecom and the Indian telecommunications company VSNL have agreed to invest about $500m (pounds 303m) in a proposed Indian joint venture, subject to the Indian government's approval. BT's participation will not affect VSNL's monopoly as an international carrier.
JCI, South Africa's first black-controlled mining company, said it might release a statement this weekend on its merger talks with Lonrho
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- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
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Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
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Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
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