|
Papers
Sunday Times
Three American hedge funds have backed Malcolm Glazer's takeover of Manchester United, pouring £275m into the bid.
Bad investments by large London-based hedge funds have triggered big losses and demands for money back from investors.
The Observer
The owner of the Sellafield nuclear power station, the Nuclear Decommissioning Authority, wants its main reprocessing facility to be shut down permanently.
BSkyB could cut 1,000 jobs after hiring Boston Consulting Group to review costs.
The Financial Services Authority is discussing regula tory changes that would allow hedge funds to market their products to retail investors.
Sunday Telegraph
John Lewis Partnership, the retailer with a co-operative ownership structure, is facing employee discontent after giving a £1m pay-off to a former director.
Airlines have reacted angrily to a new European Union tax on plane tickets which is designed to fund development aid programmes in Africa.
AOL, the internet service provider, is to launch a fixed-line telephone service later this month.
IoS
Trustees in charge of the MG Rover pension schemes want to force Phoenix Venture Holdings into administration to try to secure payments for 6,500 Rover workers.
The Business
Nicola Horlick, the star fund manager, has made a bid of up to £220m for the London Trocadero shopping centre.
Harry Dobson, the former Manchester United investor, is to float a new oil and gas exploration company on the Alternative Investment Market.
Mail on Sunday
Banking group Abbey will be forced to review 30,000 endowment mortgage complaints after a Financial Services Authority ruling.
Shanghai Automotive Corporation has threatened legal action to stop PricewaterHouseCoopers from selling carmaker Rover without its permission.
Reports
Today
Interims Cambridge Antibody, Nelson Resources (Q1), Gaming Corporation, RM Group. Finals DCC, Freeplay Energy, PD Ports, Robert Wiseman Dairies. AGMs Colliers. EGMs None scheduled.
Tuesday
Interims Abacus Group, Connaught, Enodis, Enterprise Inns, ScS Upholstery, Slimma. Finals BAA, Business Post, Land Securities, Marconi Corp, Viridian, VT Group. AGMs Interserve, Glanbia, Greggs, Paddy Power, Toad.
EGMs None scheduled. Trading statements None scheduled.
Wednesday
Interims Compass, Fulcrum Pharma, Holidaybreak, Ultraframe. Finals Aveva, 02, J Sainsbury, Scottish & Southern Energy. AGMs Amlin, Bunzl, Churchill China, Equitable Life, LogicaCMG, Next, Phoenix IT Group, Statpro Group, T&F Informa, Vitec. EGMs None scheduled. Trading statements Next.
Thursday
Interims Avon Rubber, Jelf Group, Mitchells & Butlers, Scottish Radio, Tomkins (Q1). Finals Boots Group, BPB, BT Group, Caledonia Investments, Invensys, Investec, London Stock Exchange, Luminar, Mothercare, National Grid Transco, Petards Group, SABMiller, Synergy Healthcare. AGMs James Beattie, Cadbury Schweppes, Geest, William Hill, Independent Media Support, Kakuzi, MFI Furniture. EGMs Finsbury Life Sciences, Independent Media Supp. Trading statements MFI Furniture.
Friday
Interims Wolverhampton & Dudley Breweries. Finals Castings, nCipher (Q1). AGMs Bede, Irish Life, Maltacom, Raymarine, S&U, Transense, Whatman. EGMs None scheduled. Trading statements Hilton Group.
Iindicators
Today
JP Current account (Mar).
JP Corporate goods prices (Apr). JP Consumer confidence (Apr). US Empire manufacturing (May). US Net foreign security purchases (Mar).
Tuesday
JP GDP (Q1). JP Industrial production (Mar). UK RICS housing market survey (Apr). UK Consumer price indices (Apr). UK BoE governor King speech at Cass Business School, London. US PPI (Apr). US Housing starts (Apr). US Industrial production (Apr).
Wednesday
UK Unemployment (Apr).
UK Average earnings (Mar). UK Bank of England minutes. UK BoE MPC's Large speech at Turkish Central Bank, Istanbul. US CPI (Apr). China Industrial production (Apr).
IT Trade balance (Mar).
Thursday
JP BoJ monetary policy meeting. HK Jobless data (Feb-Apr). AUS Reserve Bank of Australia monthly bulletin. AUS Average weekly earnings (Q1). UK Retail sales (Apr). Eurozone CPI inflation (Apr). Eurozone Industrial production (Mar). US Jobless claims. US Leading indicators (Apr).
US Philadelphia Fed (May).
Friday
FR GDP (Q1). UK Public finances (Apr). UK M4 (Apr). UK M4 lending (Apr). UK BBA mortgage lending (Apr). UK CML mortgage lending (Apr). UK BSA mortgage lending (Apr). IT Current account (Mar). IT Sales, orders (Mar).
|