A-Z of Sunday business news
THIS Is Money reads the Sunday papers so you don't have to. Here is this week's run-down of who is making the headlines on the City pages, and why:
Associated British Foods
Sunday Times: THE food giant, which owns Ryvita and Twinings tea, has sounded out potential buyers about a sale of its retail arm in a deal that could be worth £850m
BA
Sunday Times: BRITISH AIRWAYS will this week open the way for a merger with another European airline by adopting a new ownership structure.
The Observer: BRITISH Airways has privately admitted it is lining up British American Tobacco chief Martin Broughton as its first choice to succeed Lord Marshall as chairman
BNFL
Sunday Telegraph: THE state-owned nuclear group is to unveil a colossal loss of more than £2bn for last year, after charges linked to nuclear waste storage and the early closure of two Magnox plants.
British Land
The Business: MERRILL Lynch Investment Managers has sold at least half its 11% stake in British Land, days before the property group‘s annual meeting.
Consignia
Sunday Telegraph: ALLAN Leighton, the chairman of Consignia, has forced the company's Royal Mail subsidiary to go back to the drawing board on its plans to charge small businesses £750 a year to deliver post before 9am.
CSR
Sunday Times: GORDON BROWN‘S huge boost to government spending, to be confirmed in the comprehensive spending review, is being eaten up by increases in public-sector inflation, official figures show.
Deutsche Bank
The Business: SHAREHOLDERS are bracing themselves for a writedown of up to £5.6bn against goodwill and other charges linked to its US acquisitions of Bankers Trust and Scudder Asset Management.
Energis
Sunday Times: TORY MP and ex-Asda chairman Archie Norman is to become chairman of Energis.
Sunday Telegraph: A CONSORTIUM of 16 banks owed £690m by Energis will this week announce they are taking control of the troubled telecoms group's UK operations.
eBay
The Business: THE online auctioneer has at last made it into the Standard & Poor‘s 500 index, home of America‘s corporate giants, just seven years after it was formed.
FSA
The Business: THE Financial Services Authority has drawn up emergency measures to prevent the steep decline in UK share prices spiralling into a relentless stock market collapse.
Granada
Sunday Telegraph: BRITAIN'S biggest media companies, including Reed Elsevier, Pearson and Granada, will lose business worth £400m if the BBC is allowed to dominate Curriculum Online, the Government's digital learning initiative, according to a new study.
Heathrow
The Business: THOUSANDS of homes in west London will have to be bulldozed to allow Heathrow Airport to expand, a report will conclude this week.
MyTravel
The Business: CHIEF executive of the holiday group, Tim Byrne, is under pressure to deliver on a key performance pledge or step aside.
PWC
Sunday Telegraph: ACCOUNTANCY giant PricewaterhouseCoopers has recommended to the Government that it hand an outsourcing contract worth £1.6bn to Land Securities, a company for which PWC acts as auditor.
Scoot
Sunday Telegraph: REBEL shareholders at the online directory firm are threatening to scupper its sale to BT.
Unilever
Independent on Sunday: UNILEVER chairman Niall Fitzgerald is a non-executive director of Merck, the US pharmaceutical giant which last week withdrew the planned flotation of its subsidiary, Medco, after admitting it overstated sales at the business by some $14bn (£9bn).
Vivendi
The Observer: VIVENDI Universal is set to receive a £2.5bn lifeline from a consortium of banks - a move that will buy it time to plan a major asset disposal programme.
WestLB
Sunday Times: BANKER Robin Saunders has held discussions with WestLB, her employer, about setting up a £600m principal finance fund.
Worldcom
Sunday Telegraph: INVESTIGATORS from a powerful Congressional committee looking into the WorldCom collapse are probing allegations of suspect accounting practices at its British subsidiary.
