What The Papers Said: A round-up of Sunday business stories
Monday 22 February 1999
Monsanto obtained copies of confidential European Commission documents ahead of a meeting in 1998 which approved milk from cattle treated with its bovine growth hormone (BST), according to Canadian government documents. The US biotech giant is also under fire in America, where it is pursuing farmers through the courts for not paying licence fees on its seeds.
The Government is set to announce a flotation of a 49 per cent stake in British Nuclear Fuels (BNFL) within the next month, although the sale may raise less than the expected pounds 1.5bn as institutions use new energy regulations to argue for a lower price.
A global price war could wipe out profits at Weetabix, the breakfast cereal maker, according to the Ofex-listed company's annual report which will be sent out to shareholders this week.
Unilever is expected to use its pounds 6bn cash pile to launch a pounds 1.5bn-pounds 2bn share buyback when the Anglo-Dutch consumer giant announces its full-year figures on Tuesday.
Laura Ashley may be taken private by its 40 per cent shareholder Malaysian United Industries in a bid to radically restructure the ailing fashion retailer.
However, Malaysian curbs on overseas investment could prevent any takeover move in the immediate future.
The pounds 3bn privatisation of British Nuclear Fuels (BNFL) could be delayed by row between the Department of Trade and Industry and the KPMG team, which has been looking into the options for selling off BNFL.
KPMG's final report is expected to recommend a flotation, which could prompt the Government to request further studies and may mean any proceeds from the sell-off might not reach the Treasury before the next general election.
A History of the First World War in 100 moments: The mutiny that sent a ripple of fear through the Empire
LAPD releases haunting crime scene photos from its archives
Peaches Geldof funeral: Bob Geldof leads tributes at emotional service in same church she married husband Thomas Cohen and mother Paula Yates was buried
Malaysia Airlines flight MH370: Concerns grow among search officials that missing jet ‘may have landed somewhere else’
50-year mystery of the ocean ‘quack’ finally solved by scientists
Ukip election posters: Nigel Farage defends 'racist' campaign anti-immigration campaign ahead of Europe elections
Ukip leader Nigel Farage defends employing German wife, at launch of anti-immigration poster campaign
Is Britain really a land of God? Furious debate after David Cameron claims we are a Christian country
An open letter to Nigel Farage: you may smile, but I am not seduced
'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
Nigel Farage: Calling Ukip’s posters ‘racist’ is yet another example of shameful Westminster evasion
- 1 William Shakespeare's 450th birthday: 50 everyday phrases that came from the Bard
- 2 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 3 Man gives barefoot bus passenger the shoes off his feet
- 4 Malaysia Airlines flight MH370: Concerns grow among search officials that missing jet ‘may have landed somewhere else’
- 5 50-year mystery of the ocean ‘quack’ finally solved by scientists
iJobs Money & Business
£80000 - £120000 per annum + Highly Competitive Salary: Austen Lloyd: US QUALI...
Highly Competitive Package: Austen Lloyd: INTERNATIONAL BANKING Banking Solici...
£20000 - £28000 per annum: Harrington Starr: Data Quality Analyst-(SQL, Excel,...
£90000 - £110000 per annum + full Package: Harrington Starr: Director of Cons...