The Profumo affair

The merger of Italy's UniCredit, led by Alessandro Profumo, and Capitalia, creating the largest banking group in the eurozone, has left the likes of Barclays and RBS floundering in its wake

Guy Hands hopes to download EMI but Warner Music could offer more notes. Jon Ashworth reports

When you're the boss of a record company with a roster as rich as EMI's, and when things do not go your way, it's a safe bet that your critics will use your songs to have a laugh at your expense.

Vectura's $1bn talks with big pharma boosted by successful product trial

VECTURA, the British biotech firm, is looking to secure more cash from a partnering deal on its premature ejaculation treatment, after better-than-expected phase II results.

Boots faces pensions row at EGM

THE trustees of Alliance Boots' pension fund are set to take centre stage at next week's extraordinary meeting to approve the retailer's £11.1bn ($22bn, E16bn) takeover.

Warner refuses to give up on EMI despite agreed Terra Firma offer

WARNER Music is to con­­­tinue going through EMI's books, despite the beleaguered music group recommending an audacious £2.4bn ($4.7bn, E3.5bn) bid from Terra Firma, the private equity group led by Guy Hands.

Fresh blow to RBS's ABN Amro bid over Dutch central bank fears

THE Dutch central bank is concerned that Royal Bank of Scotland may have insufficient financial resources to support ABN Amro while the consortium splits the banking group apart.

UN picks Novartis boss to combat bio-terrorism

THE United Nations is to establish a dedicated unit, headed by Daniel Vasella, the Novartis chief executive, to help to combat the growing threat of bio-terrorism

MyTravel tried to buy Thomas Cook UK

MYTRAVEL, the British holiday company, secretly approached Thomas Cook about buying its UK business – several months before opening talks with First Choice Holidays.

World Trade Centre's $2 Bn Claim Settled

Developers of the Ground Zero site can finally start to rebuild in earnest, following the $2bn settlement of all outstanding World Trade Centre insurance claims. Developer Larry Silverstein and seven insurance companies have removed the last major hurdle in the development of Gr …

Royal And Sun Makes Bid For Minority Stake In Danish Insurer Codan

Royal and Sun have made an offer for the stake in the insurer Codan that it does not already own. Royal and Sun already owns 71.66 pc of the company and today stated that they valued the minority stake at £584m.

Westinghouse joins nuclear power race

Nuclear reactor designer Westinghouse will start applying for a license this week so that its design for the next generation of power stations can be used to build reactors in Britain.

Luxury handbags give Burberry a boost

Burberry have reported a 14 pc rise in sales over the last year. Sales have obviously been helped by new products ranges launched to celebrate the company's 150th anniversary. With sales reaching £850.3m profits overall were up by 12 pc to 185.1m.

Home Information Pack Rush

Vendors are trying to quickly sell their properties in order to avoid having to pay for the new home information packs (H.I.Ps).

Schiphol puts privates on parade

New scanners which can see through clothing have been introduced permanently for the first time in Schiphol. The scanners can be used to check for money, drugs and weapons and it is hoped they will be able speed up the security checks at airports.

Nice water, pity about the beaches

Although the UK has managed to clean up the water surrounding its beaches the state of the beaches themselves is at an all time low. Thirty-three per cent of the waste left on Britain's beaches is litter left behind by beachgoers.

Delays expected on flights to Spain

With the introduction of US style security checks from June 13th in Spain many are predicting a massive rise in waiting times and queues in airports.

Follow your nose to a tasty Borneo delicacy

A fruit that is deemed a delicacy to eat yet has a smell so pungent that you are banned from taking it onto buses or into hotels sounds fascinating; as does most of what is offer in Kota Kinabalu.

Family holidays to give you all a break

Many people forget that when they book a family holiday they should really consider what everybody in the family will want to do.

Living la Vespa vita

A company is now operating which allows you to have guided tours around different parts of Italy riding a Vespa. The scooter holiday allows you to catch the sights of the countryside with the wind in your hair.

At home with the namer of nature

Good description of the Swedish landscapes surrounding Stockholm that inspired the revered botanist who Carl Von Linne who is famous for deciding that humans should be known as Homo sapiens.

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