And in the real world...BT, Nokia, Boris Johnson, Rupert Murdoch and more...
By Staff, campaignlive.co.uk, Wednesday, 02 December 2009 09:00AM
LONDON - A round-up of the top business stories from around the world.
BT may be allowed to increase its charges to wholesale customers such as Carphone Warehouse and BSkyB in an effort to combat its £9.4 billion pensions deficit. The move comes following a review of the issue by the communications regulator Ofcom.
Nokia, the world’s largest mobile handset maker, is launching a legal attack against 11 rivals, including Samsung, Philips and Toshiba, claiming that the companies have worked as a cartel to fix prices for mobile phone screens.
Boris Johnson, the Mayor of London, has held a series of meetings with some of the UK’s largest mobile phone networks in an attempt to convince them to collaborate to create technology for the 2012 Olympic Games, which will allow consumers to watch 3D-video clips of the event on their handsets.
Source: The Times
Rupert Murdoch, the chairman and chief executive of News Corp, has called on the US government to get rid of the contradictory regulations that prevent people from investing in publishers. Speaking in Washington, Murdoch also said that the government is interfering too heavily in the future of the news industry, subsidising unsuccessful publishers and penalising the successful ones.
Source: Financial Times
Fritz Henderson, the chief executive of General Motors, has left the company just five months after it emerged from government-supervised bankruptcy. Henderson’s departure will mean that GM will get its second new boss in less than a year.
Source: Financial Times
This article was first published on campaignlive.co.uk
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