And in the real world... BP, General Motors, the BBC, Woolworths and more

LONDON - Today's round-up of the biggest business stories.

And in the real world... BP, General Motors, BBC and more.
And in the real world... BP, General Motors, BBC and more.

BP said on Thursday that it had appointed Carl-Henric Svanberg, the chief executive of the Swedish telecoms equipment-maker Ericsson, to take the place of Peter Sutherland as chairman of the UK oil major.

Source: Financial Times

General Motors has invited several investors to hand in improved offers for its European operations, it emerged on Wednesday, as the US car-maker tried to put the screws on Magna, the frontrunner for the stake.

Source: Financial Times

The BBC is poised to provoke a fresh row over expenses by refusing to disclose how much its executives spend on entertainment for their stars.

Source: The Times

Woolworths, which collapsed into administration at the end of last year, has been revived as Woolworths.co.uk, an internet business, with the much-loved Pic 'n' Mix making a return.

Source: The Daily Telegraph

DSG International Plc, Europe's second-largest electricals retailer, posted a slightly better than feared 78 per cent slump in full-year profit and said it expected trading to remain subdued.

Source: The Guardian

 

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