The Times
NADIR FACES JAIL AFTER CONVICTIONS FOR THEFT
Two decades after he was first accused of plundering his
Polly Peck business empire, Asil Nadir on Monday became a
convicted criminal.
CASINO MERGER IN DOUBT AS RANK IS DEALT A SURPRISE
Britain’s regulator is accessing the proposed acquisition
by Rank Group of Gala Casinos, aimed at creating
Britain’s biggest chain of casinos.
The Telegraph
BAA ABANDONS LEGAL BATTLE TO KEEP STANSTED
BAA has surrendered to the competition authorities over the
sale of Stansted after a three-year legal battle, putting
Manchester Airports Group in pole position to snap up the Essex
airport.
GERMANY’S MAN AT THE ECB BACKS BOND PLAN
Germany’s director at the European Central Bank has thrown
his weight behind mass purchases of Spanish and Italian debt to
prevent the disintegration of the euro, marking a crucial
turning point in the euro zone debt crisis.
APPLE BECOMES WORLD’S MOST VALUABLE FIRM
Shares in Apple, which is listed on New York’s
Nasdaq stock exchange, rose past $660 in early trading on
Monday, taking its stock to a new height and its market
capitalisation to more than $619 billion.
The Guardian
TAX INSPECTORS CLASH WITH MPS OVER EXPENSES
Tax inspectors are attempting to bar MPs from claiming
thousands of pounds a year to hire accountants to file their
expenses.
The Independent
SHELL FACES 12 MONTH DELAY IN ARCTIC DRILLING CAMPAIGN
Shell is racing to begin a massive drilling
campaign in U.S. Arctic waters before they freeze over and
postpone activities by a year.
