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$82bn
oil merger cleared
The $82bn merger of oil giants Exxon and Mobil has been approved -
with a list of conditions - by the US government.
Private
firm to run Islington's schools
For the first time in the UK, a private company is to take over the
running of all the school services provided by an education authority.
Banks
face millennium challenges
Banks will be forced to transform their business in the new
millennium because of the internet boom, a study shows. .
Car
price cuts 'on the way'
New cars could soon be cheaper in the UK as manufacturers are
expected to be banned from selling vehicles through exclusive
franchised dealerships.
Banks
consider cashpoint charges
A number of banks are pressing for a change in the rules on charging
for the use of the dispensers.
Water
bill cuts ordered
Households across the UK will see cuts in their water bills averaging
£30 by 2005 as a result of price controls announced by the
industry regulator, Ofwat.
UK
'has highest water profits'
The UK water industry makes some of the highest profits in the world,
new research shows.
Aerospace
Industry
It's a familiar dilemma for the UK: to become an active European or
to side with our natural linguistic partners across the Atlantic. The
world's defence industry is in the midst of a major overhaul. And
caught between the two opposing options is British Aerospace, the UK's
largest exporter and, effectively, the UK's entire defence industry.
BA
profits set to nosedive
British Airways is expected to announce a fall of more than £300m
when it reveals its interim results on Monday.
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Ford slashing
UK jobs
Car-maker Ford is to announce that about 1,200 jobs are to go at its
huge Dagenham plant in Essex.
Ford workers
set strike dates
Thousands of Ford workers are to stop work for five days in February and
March in the latest stage of a dispute over pay.
Ford
embarks on cost-cutting
Ford is said to be embarking on a radical cost-cutting programme.
Ford
staff vote for walkout
Engineers and other white collar workers at car giant Ford have voted
to walk out in a row over pay.
Ford
faces pricing probe
Ford is facing a UK Government inquiry into allegations that it has
broken a promise to customers over prices.
Ford's
'landmark' pay deal
Union leaders representing thousands of Ford car workers have agreed
an inflation-busting pay deal worth 11.1% over three years and a
90-minute cut in the working week.
Ford
workers walk out
Hundreds of workers at car giant Ford's biggest UK plant have walked
out on official strike over pay as national wage talks resumed between
the company and unions.
BT
to cut 3,000 jobs
The UK telecoms giant BT is to axe 3,000 managers after stunning
investors by announcing a 24% fall in profits.
BT
denies football rights claim
British Telecom has denied reports that it is to make a huge bid for
the television broadcasting rights to Premiership football.
BT
profits from overseas expansion
BT, the UK's leading telecoms operator, has increased its profits in
the second quarter of its financial year to £890m, up 3.9%
compared to the previous period last year.
Firms
deny threat to quit UK
Rover and Fiat have strongly denied a report that they had threatened
to pull production out of the UK if it does not join the European
single currency.
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Rover
- a car firm's troubles
UK car manufacturer Rover is in trouble, hit by low productivity,
falling sales and mounting losses. Its parent company, BMW of Germany,
has cut costs and embarked on a massive investment programme. But will
it work? BBC News Online examines Rover's problems.
Rover Home Page
Rover 75 ~ a "new" car
Mergers,
how do they happen?
Corporate mergers occur when two companies combine. In some cases
both companies want to merge. This is called an agreed merger. Another
situation is where one company seeks to control another without its
agreement. This is called a hostile takeover.
London
Stock Exchange
A decade ago, a Big Bang transformed the way shares are traded in
London - and the revolution continues. In 1986, London became one of
the first financial centres to see trading move out of the pits, off
the market floor and on to the telephone.
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