Court stops €3.2bn German cable deal
The €3.2bn purchase of Kabel Baden-Württemberg by Liberty Global has been blocked by a German court, casting doubt on the latest attempts to consolidate the country’s cable industry. Liberty agreed to buy Germany’s third-largest cable operator for €3.2bn in March 2011.
John Deere boosted by farming
John Deere reported a stronger than expected 26 per cent rise in third-quarter earnings on strength in the farming sector in North and South America. But shares fell more after the US Consumer Product Safety Commission said that Deere had agreed to recall about 7,000 of its compact utility tractors on the risk of serious injury or death to the operator.
Microsoft to remake Blake’s 7
Microsoft has agreed to finance a remake of the cult BBC TV science fiction series Blake’s 7 for its Xbox Live digital network, according to people familiar with the situation.
BA takes on budget airlines order
International Airlines Group, the parent of British Airways, has placed an order for up to 220 short-haul Airbus jets in a signal of its determination to challenge budget airlines. order is worth $14.5bn.
Admiralty Arch hotel gets go-ahead
Plans to turn Admiralty Arch, the grand gateway to The Mall, into an exclusive hotel have been recommended for approval.
The Daily Telegraph
Google cannot promise privacy
Google is on a fresh collision course with users after it claimed that people who use its Gmail service have “no legitimate expectation of privacy”.
One-in-four A-levels gets top grades
Just over a quarter of A-levels will be marked at least an A as a crackdown on “relentless grade inflation” drives down national results for the second year running.
THE WALL STREET JOURNAL
Boomers snap up cars for young
Auto makers are finding their efforts to woo young buyers with pint-size brands like Fiat 500 and Scion are being snapped up by 60-something baby boomers.
Exxon looks to sell Iraqi oil field
US energy giant Exxon Mobil has asked Iraq if it can sell part of its stake in one of the country's largest oil fields to China's PetroChina, two people familiar with the matter said yesterday.