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....Adani Group has said in a statement to the Guardian on behalf of itself, its subsidiaries and Vinod Adani that it “strongly denies the allegations of overvaluation”. “It is a standard procedure for the group to follow international competitive bidding route for major capital expenditures to ensure transparency and competitiveness in the process. ... [Read full article on Guardian ]
Sunday 20th of August 2017 02:28:19 AM
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....The Adani Group said it “strongly denies the allegations of overvaluation”. “It is a standard procedure for the group to follow international competitive bidding route for major capital expenditures to ensure transparency and competitiveness in the process,” it said. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 02:09:17 AM
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Latest Finance News related to Bidding

Indian opposition calls for investigation into Adani over financial fraud allegations image
....Adani Group has said in a statement to the Guardian on behalf of itself, its subsidiaries and Vinod Adani that it “strongly denies the allegations of overvaluation”. “It is a standard procedure for the group to follow international competitive bidding route for major capital expenditures to ensure transparency and competitiveness in the process. ...
Adani $900m rail line loan should be ruled out after fraud allegations, opponents say image
....The Adani Group said it “strongly denies the allegations of overvaluation”. “It is a standard procedure for the group to follow international competitive bidding route for major capital expenditures to ensure transparency and competitiveness in the process,” it said. ...
Rise of electric car solves little if driven by fossil fuels, warns windfarm boss image
.... The company has invested £6bn in the UK, with a further £6bn planned by 2020. Although Dong will not confirm so publicly, it may be among the offshore wind developers bidding for part of a £290m-a-year pot of government subsidies – known as contracts for difference – which are paid for through household energy bills. ...
Fox’s chances of securing Sky depend on the football result image
Source : Guardian [Read Article] Sunday 13th of August 2017 05:59:06 AM
....”. Former top Sky executive Mike Darcey thinks that, after a string of bidding battles, Sky and BT may this time reach an equilibrium in how the seven Premier League TV rights packages are divided. ...
Sky faces paying extra £1.8bn for Premier League broadcast rights image
Source : Guardian [Read Article] Friday 11th of August 2017 04:10:07 PM
....This year there has been significant inflation in the sports rights market: the UK rights to the Champions League rose by 32%, the England and Wales Cricket board nearly trebled its deal for the England cricket team, and the Football League is set to increase its next deal by more than 30%. This month it emerged that Amazon has entered British sports broadcasting by outbidding Sky for the UK rights to ATP World Tour tennis, to go alongside its small deal with the NFL in the US. ...
Sky set to retain live Football League rights in £180m-a-year deal image
Source : Guardian [Read Article] Tuesday 8th of August 2017 09:38:39 PM
. Sky is set to retain the rights to the Football League in a blockbuster bidding battle with BT that has seen the price as much as double to £180m a season. ...
Amazon outbids Sky to win exclusive ATP tour tennis rights image
Source : Guardian [Read Article] Tuesday 1st of August 2017 11:26:47 AM
....The company has been faced with major increases in sports rights bills – a one-off £629m rise in its Premier League rights deal contributed to a 14% fall in profits at its UK and Ireland operations – and it is becoming more selective in the rights it is willing to pay top dollar for. Jeremy Darroch, the chief executive of Sky, said last week that the company had “walked away” from bidding for some sports rights recently as there was better value in spending the cash elsewhere in the business. ...
BT profits dive by 40% after £225m payout over Italian scandal image
Source : Guardian [Read Article] Friday 28th of July 2017 06:49:04 AM
....”. Upcoming sports rights auctions include the Football League, which is expected to be a high-stakes bidding war with Sky, and ATP World Tour Tennis. ...
We can only address pay imbalances if we can see them | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:43:44 PM
....Well played Reckitt, which will receive about £1bn more than analysts had expected. Unilever, too, gets credit for dropping out when the bidding became silly. ...
G4S awarded £25m government contract despite fraud inquiry image
Source : Guardian [Read Article] Monday 10th of July 2017 04:50:36 PM
.... A three-year attempt to develop a “bespoke” GPS tag by the justice ministry was abandoned in 2016. An SFO investigation into allegations of overcharging in the main electronic monitoring contracts of offenders in England and Wales began in 2013, when a general ban was imposed on G4S and a second company, Serco, bidding for any government work. ...
UK workers earning £2.50 an hour prompts call for government action image
Source : Guardian [Read Article] Thursday 6th of July 2017 09:00:07 PM
....22 an hour, or even losing money. Field also claimed that Parcelforce, owned by Royal Mail, “tied each driver’s hands behind their back” by requiring them to sign a contract forbidding them from challenging their employment status. ...
Worldpay shareholders should decline its meek merger deal | Nils Pratley image
.... His first attempt to sell the FTSE 100 card processing company deserves to be declined by his own shareholders. On Tuesday, when Worldpay revealed it had received takeover approaches, City analysts speculated the bidding could go as high as 500p a share. ...
Channel 4's Bake Off set 'will be product-placement-free' image
Source : Guardian [Read Article] Sunday 2nd of July 2017 02:25:38 PM
....Product placement deals are not critical to Channel 4 making Bake Off a commercial success – the British market is estimated to be worth only about £30m – but eschewing the cash does make it that little bit harder. In April, the broadcaster held an event with more than 350 ad executives and some of Britain’s biggest-selling brands to drum up a bidding war, hoping to get an £8m-plus deal for its headline sponsorship. ...
Forget Murdoch. It’s social media that’s really pulling the strings image
.... Of-comings and goings. We’re a long, long way from government doing Murdoch’s bidding at the snap of an Australian-American finger; and an even longer way – see the last election – from Murdoch being able to deliver much that helps Theresa May at vote-losing times. ...
Murdochs or the Enlightenment? Only one will take Britain forward | Will Hutton image
.... It is also how we decide areas crucial to our national life and culture. Thus the current incoherent drama of 21st Century Fox bidding for the balance of Sky it does not own. ...
Labour MPs warn ministers against ‘grubby deal with Murdochs’ over Sky image
....The Murdoch’s previous bid for Sky collapsed in 2011 when News Corporation was forced to withdraw its interest amid public furore over phone hacking at the News of the World. The company bidding this time is 21st Century Fox, which owns the 20th Century Fox film studio and the Fox TV network. ...
Uber and the ‘brogrammers’ feel the consequences of changing the world image
.... In Britain, such trains have only ever been run by Govia, operator of the High Speed 1 route but better known as the arch-villains behind the Southern network. Yes, Govia is partly French too, with ownership of the company split between France’s SNCF – also bidding for HS2 – and the UK’s Go-Ahead Group. ...
Europe is the shared story our papers tell. It’s what made me who I am image
.... Nor, when you look at its underlying assumptions about the safety nets of society, is it where we want to be. Europe may seem a forbidding home base: too many tongues, too many impenetrable backstories, too many damned complications and bits of bureaucracy. ...
Queen's speech doesn't help British businesses frozen out of EU space contracts image
....Stuart Martin, CEO of the Satellite Applications Catapult in Oxfordshire, said: “There are some big contracts coming up where this is in play. You can see why British companies are baulking at that and seeing it as a deterrent to bidding. ...
British Airways looks to Capita to run call centres after IT meltdown image
Source : Guardian [Read Article] Tuesday 13th of June 2017 12:04:02 PM
.... Its chief executive, Andy Parker, stepped down after profits fell by 33% in March. The company said on Tuesday it had secured£318m in contracts and extensions so far this year – including for the Northern Ireland government and the RSPCA – adding that it was bidding for work worth a further £3. ...
Rio Tinto bidding war: Glencore offers US$100m more for Australian coalmines image
. A multibillion-dollar bidding war for most of Rio Tinto’s Australian coalmines has broken out between China-backed Yancoal and Glencore after the Swiss commodities company made an unexpected offer. ...
Diamond ring bought for £10 at car boot sale goes for £657,000 image
Source : Guardian [Read Article] Wednesday 7th of June 2017 09:21:32 PM
.... Proceeds from that sale will be donated to the Endeavour Fund – a charity that supports the recovery of wounded, injured and sick servicemen and women. Jessica Wyndham, Sotheby’s head of the London jewellery department, said: “It was a thrill to bring the hammer down on two objects which have been the subject of so much interest and attention over the last few weeks and to see that attention translate into such strong bidding competition. ...
Santander rescues rival Banco Popular from collapse image
Source : BBC [Read Article] Wednesday 7th of June 2017 06:32:55 AM
....Banco Popular bosses have spent the last few months attempting to shore up the bank's balance sheet by selling various assets. A bidding process for Banco Popular ended last month, but started to look shaky as a handful of institutions pulled out. ...
What am I bid? Prices go through the roof at Christie's handbag auction image
....23 carats of diamonds. After a tense few minutes of bidding, the bag sold to a telephone bidder for a record-breaking HK$2. ...
Labour reveals 'fat cat' tax pledge aimed at reining in excessive pay image
....Money for a series of giveaways will come from reversing corporation tax and inheritance tax cuts and a proposal to hit City transactions with a “Robin Hood tax”. The moves deepen the bidding war between Corbyn’s party and the Conservatives over ways to hit the wealthy in order to woo working-class voters. ...
Superstar economics image
Source : BBC [Read Article] Sunday 7th of May 2017 11:30:01 PM
House price CRASH: Top London home values plunge lower in April image
Source : Daily Express [Read Article] Saturday 6th of May 2017 11:58:00 AM
.... Tom Bill, head of London Research at Knight Frank said: "While it seems likely sales will improve, it doesn’t seem plausible that the same will be true for prices, at least in the short-term. "Buyers remain very price sensitive, although there is anecdotal evidence of isolated but growing instances of competitive bidding on properties. ...
How to resolve the FIVE most common property disputes image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 10:05:00 AM
....If you are not in a rush you can start out high and see what interest there is. Another strategy is to start low and hope to develop a bidding war. ...
Alarm sounded over delays to develop UK mini nuclear reactors image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 10:58:50 AM
.... The industry argues they could be quicker and cheaper to build than normal nuclear power stations, partly by being prefabricated in factories. Rolls-Royce, which is bidding for a slice of the competition funding, told the Lords it hoped to deploy a small modular reactor in the UK by 2028 if it had government backing. ...
Labour party pledges to outlaw all zero-hours contracts image
Source : Guardian [Read Article] Saturday 29th of April 2017 09:01:09 PM
....The shadow chancellor John McDonnell said the policies would form “the cornerstone of the next Labour government’s programme to bring an end to the rigged economy that many experience in workplaces across Britain”. The package includes promises to increase the minimum wage to match the national living wage (expected to be at least £10 an hour by 2020) and to introduce a maximum 20:1 pay ratio between the highest and lowest earners in the public sector and in companies bidding for public sector contracts. ...
Virgin, Stagecoach and France's SNCF link up for HS2 bid image
Source : Guardian [Read Article] Tuesday 25th of April 2017 12:47:58 PM
....”. As well as representing a lucrative prize – Branson and Stagecoach have shared dividends worth more than £500m from the west coast service alone since 1997 – the contest will see First Group and Virgin square up in a repeat of the 2012 bidding war that derailed rail franchising in Britain. ...
Bake Off auction seeks to whip up sponsorship bidding frenzy image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:15:30 PM
....Many advertisers are expected to be keen to associate themselves with the show, which was previously on the BBC. Channel 4 is expected to open the bidding for the headline sponsorship at about £8m. ...
Green Investment Bank sold to Australian firm Macquarie image
Source : BBC [Read Article] Thursday 20th of April 2017 09:25:36 AM
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
.... I don't think the government can afford to be proud with Toshiba on the brink," he said. "We think the best case scenario is for the Japanese government to stay out of this bidding process and, for once, allow market forces to run their course. ...
Brazil graft probe focuses on World Cup football stadiums image
Source : BBC [Read Article] Saturday 15th of April 2017 12:34:38 AM
....The plea bargain testimony was given by executives working for Odebrecht - the continent's biggest construction firm. They claim there were irregularities in the bidding process for six stadiums including the Maracana in Rio. ...
Firms dispute Jeremy Corbyn's claim they pay bills late image
Source : BBC [Read Article] Tuesday 11th of April 2017 12:11:53 PM
....". Mr Corbyn said that if Labour won the next election, it would consider fining late payers and require companies bidding for public sector contracts to pay suppliers within 30 days. ...
Corbyn attacks M&S and other big firms over late supplier payments image
Source : Guardian [Read Article] Tuesday 11th of April 2017 11:13:04 AM
....The FSB has estimated that prompt payments to suppliers could prevent 50,000 small businesses going under each year. Any company bidding for public-sector contracts with a future Labour government would have to pay its own suppliers within 30 days, Corbyn said on Tuesday, and Labour would consider creating a binding arbitration system, with fines for persistent late-payers. ...
Can end of unhappy marriage with L'Oréal breathe new life into Body Shop? image
....The Body Shop’s chain of stores is also up against rivals such as Space NK and greater competition from clothing chains and department stores that have increased their beauty ranges to offset falling clothing sales. “This is not a time to have lots of stores,” says a source close to the bidding. ...
Rupert Murdoch's Sky takeover approved by European regulator image
Source : Guardian [Read Article] Friday 7th of April 2017 04:07:03 PM
....”. Rivals have lodged submissions with the regulator, raising concerns that the combined broadcasters would dominate bidding for top-flight sport, TV shows and movies. ...
Bovis rejects Galliford Try bid – but hires rival's ex-boss as its new chief image
....2bn bid from rival Galliford Try but appointed the former Galliford boss Greg Fitzgerald as its new chief executive. Galliford had been the frontrunner to buy Bovis after Redrow, another housebuilder, pulled out of the bidding battle last week. ...
Pink Star diamond sets new world record in Hong Kong image
Source : BBC [Read Article] Tuesday 4th of April 2017 12:28:09 PM
....The oval-shaped 59. 6 carat stone was bought after just five minutes' bidding at Sotheby's, reports said. ...
British rail is nationalised all over again – by foreign states image
Source : Guardian [Read Article] Saturday 1st of April 2017 02:59:28 PM
.... Passenger growth has slowed after a recent boom, and at least one losing bidder for the Greater Anglia franchise retained last year by Abellio privately admitted to relief, having seen the figures. One industry source said: “People have been bidding bonkers numbers. ...
Wall Street’s love affair with Trump cools as healthcare bill sows welcome doubts image
.... For five months, traders have swallowed whole the idea that the president would swiftly get a package of tax cuts through a Republican-dominated Congress, giving a boost to growth and corporate profits in the process. Yet the first real test of Trump’s ability to get lawmakers to do his bidding – the repeal of Obamacare – has been a disaster. ...
How one council is beating Britain's housing crisis image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:02 AM
....Toby Lloyd, head of housing development at the homeless charity Shelter, says: “If public land is sold on the open market, the highest bidder is likely to be the one that makes the most aggressive assumptions about the amount of affordable housing they will have to provide. So competitive bidding for land tends to mean that the worst possible scheme will be the one that gets built. ...
Rupert Murdoch's Sky bid to be investigated by UK regulator image
Source : Guardian [Read Article] Thursday 16th of March 2017 11:35:05 AM
....Murdoch critics have called for the bid to be blocked. Rival broadcasters are expected to lodge complaints and make representations in the UK and Europe – the European commission is also examining the deal – after expressing concerns that a Fox/Sky combination will dominate bidding for top-flight sport, TV shows and movies. ...
Green Investment Bank sell-off racks up at least £1m in fees image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:10:32 PM
....”. The total figure spent on the sale so far is likely to be higher, given the bidding process began last March. ...
DPD and Parcelforce face MPs' questions over working conditions image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:58:20 PM
....”. Earlier this week Field said the charges appeared to be part of a “bidding war, to see who can slap the biggest penalty on workers who are sick”. ...
Sick Parcelforce couriers can be charged up to £250 if they can't find cover image
....”. Frank Field MP, who chairs the House of Commons work and pensions committee, said: “It almost looks as though some companies are now engaged in a bidding war, to see who can slap the biggest penalty on workers who are sick. ...
Creative retirement image
Source : BBC [Read Article] Friday 3rd of March 2017 09:24:42 PM
....But there are uncertainties about selling at auctions. Pieces can sell for lower than expected to buyers looking for a deal or skyrocket in a bidding war. ...
BT chief attacks rampant price rises for TV sports rights image
Source : Guardian [Read Article] Thursday 2nd of March 2017 02:48:02 PM
....The Champions League is considered to be a critical litmus test as to whether price inflation will continue at such high rates. To date both Sky and BT have attempted to play down expectations of a bidding war. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
.... Alongside its core sportswear business, Sports Direct owns clothing chain Flannels and fashion brands such as Firetrap. Sky News reported earlier this week that Ashley had risen above private equity firm Lion Capital in a bidding war to acquire Agent Provocateur and the tycoon is understood to have been personally involved in the talks to buy the business. ...
Green Investment Bank: rival bidder launches legal challenge to sale image
Source : Guardian [Read Article] Wednesday 1st of March 2017 07:01:01 AM
....Sustainable Development Capital (SDCL), a rival bidder for the bank, said it was launching a legal challenge to the government’s decision to select Macquarie as its preferred bidder for the £2bn deal. The London-based investment fund has applied to the high court for a judicial review on the grounds that it believes the bidding process has not complied with the criteria laid out by the government in March 2016 – such as achieving value for money for the taxpayer. ...
Rupert Murdoch’s 21st Century Fox to formally notify EU of Sky bid image
Source : Guardian [Read Article] Tuesday 28th of February 2017 03:50:03 PM
....Rupert Murdoch’s last bid brought together an unlikely alliance of media groups to oppose the deal including BT, the BBC, Channel 4 and the publishers of the Daily Mail, Daily Telegraph and Guardian. So far, only a number of Fox and Sky’s pay-TV rivals have said that they intend to voice their opposition to the alleged dominance the deal will give Murdoch bidding for top-flight sport, movies and TV shows. ...
Humbled Unilever aims to show shareholders it values their loyalty image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:36:53 PM
....3% last year – could be a useful discipline. Such a self-help plan sounds more credible than wacky notions like bidding for Colgate or splitting Unilever into two pieces, food and personal care. ...
Six auction sites' ads banned over misleading savings claims image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:00:27 AM
.... MadBid’s “countdown clock” also had the potential to mislead customers, the ASA found. The five other sites that broke ASA rules were Swoggi, BidBid, LikleBid, Fastbidding and Bidwizeu. ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
....50 per megawatt hour agreed with EDF for £18bn Hinkley Point C. “I wouldn’t be surprised if it [offshore wind] cleared Hinkley prices,” he said of the bidding for a £290m-a-year government subsidy pot in April. ...
BT fires opening shot at Sky in new Champions League rights battle image
Source : Guardian [Read Article] Sunday 29th of January 2017 05:43:28 PM
....Champions League sponsors have expressed concerns about the lack of exposure under BT’s £900m exclusive deal, compared with a pay/free deal with Sky and ITV which provided larger audiences. To date Sky and BT have attempted to play down expectations of a bidding war, despite Uefa predicting the next three-year UK deal could go for as much as 30% more at about £1. ...
Financial firms in talks with Amsterdam over relocation from London image
Source : Guardian [Read Article] Monday 23rd of January 2017 05:34:01 PM
....”. Amsterdam is also bidding for the relocation of the EU-wide financial regulator, the European Banking Authority (EBA), she said. ...
Rolls-Royce apologises in court after settling bribery case image
Source : Guardian [Read Article] Tuesday 17th of January 2017 01:29:50 PM
.... The company also admitted paying to retrieve a leaked list of intermediaries after they were obtained by the Indian tax authorities. • In Nigeria, Rolls-Royce failed to prevent bribery in relation to two contracts for which it was bidding. ...
Rolls-Royce to pay £671m over bribery claims image
Source : Guardian [Read Article] Monday 16th of January 2017 05:32:13 PM
....Companies are supposed to refer themselves to investigators in order to qualify for a deferred prosecution agreement. If convicted of corruption offences, a company can be barred from bidding for public contracts unless it were able to prove it had reformed. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
.... And an unwelcome effect could be companies gaming the system by outsourcing their lowest-paid roles. Fifth, Corbyn said companies bidding for a government contract would have to meet a 20:1 pay ratio. ...
Maximum wage cap: how might it work? image
Source : Guardian [Read Article] Tuesday 10th of January 2017 12:11:32 PM
....They want to emphasise the Labour leader’s credentials as an anti-establishment figure who has never signed up to what they see as a malign post-Thatcherite consensus, which led Labour and Conservative governments to deregulate business and privatise state assets in the belief it was the best thing for Britain’s economy. While using public procurement is a far narrower and more limited approach than a salary cap, it could still bite hard for consultants bidding for taxpayer-funded contracts, for example. ...
Green Investment Bank sale is 'deeply troubling', say Scottish ministers image
Source : Guardian [Read Article] Thursday 5th of January 2017 09:57:44 AM
....“The Scottish government has a perfectly legitimate wish to be properly consulted on the matter. The problem is that because it’s a bidding process they’ve [the government] wrapped themselves in commercial confidentiality and it’s getting in the way of having a proper policy discussion. ...
Southern rail drivers split planned six-day strike in two image
Source : Guardian [Read Article] Wednesday 4th of January 2017 04:40:00 PM
....Mick Whelan, general secretary of Aslef, said his union had previously had good relations with Southern’s owning company – and he had even written in support of GTR as it bid for the franchise, “which I don’t think I’ll be doing again”. But he said the government was writing “contentious terms” into the contracts that train operating companies were bidding for. ...
Rail chiefs or unions: can passengers trust either of them? | Rafael Behr image
Source : Guardian [Read Article] Wednesday 4th of January 2017 07:00:17 AM
.... Research by the Campaign for Better Transport has found that the cost per minute of some journeys surpasses the extortion of premium-rate telephone calls. The theory of rail privatisation is that competition functions at the level of bidding for the franchises. ...
Christmas Day 2016 sets new UK record for renewable energy use image
Source : Guardian [Read Article] Thursday 29th of December 2016 05:49:46 PM
.... “It’s important to have the right mix of energy generation to ensure we are decarbonising, whilst also keeping the lights on and the costs down,” he said. Earlier this month Drax said it was bidding to buy business energy provider Opus Energy and four gas stations as part of the move away from coal. ...
Boohoo set to bid for US fashion label Nasty Gal image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:11:19 PM
....3m on securing control of PrettyLittleThing, a fast-growing fashion website set up by the children of Boohoo’s co-founder Mahmud Kamani. In a statement to the UK stock market, Boohoo said the sale of Nasty Gal’s assets will be governed by a court-approved bidding process lasting at least 30 days and that Boohoo’s bid may not be successful. ...
Italy's political class should be very alarmed if MPS needs state bailout image
Source : Guardian [Read Article] Wednesday 21st of December 2016 07:38:35 PM
.... The companies had been billing the government for placing electronic tags on offenders who were dead or in prison. They were told to engage in “corporate renewal” – in other words, get their houses in order – and they would be banned from bidding for public sector work in the meantime. ...
Deloitte apologises for Brexit memo image
Source : BBC [Read Article] Wednesday 21st of December 2016 09:41:19 AM
....". Downing Street did not dispute The Times' report that the agreement involved Deloitte not bidding for government contracts for six months, but the the company declined to comment on any withdrawal from such bids. ...
Deloitte apologises for Brexit memo in effort to make peace with No 10 image
Source : Guardian [Read Article] Wednesday 21st of December 2016 06:31:57 AM
. The accountancy firm Deloitte has taken the extraordinary step of apologising to the government and offering to stop bidding for Whitehall contracts for six months, after preparing an internal memo suggesting Downing Street had no plan for Brexit. ...
Meeting notes contradict Murdoch claim not to have asked PMs for help image
Source : Guardian [Read Article] Tuesday 20th of December 2016 06:05:22 PM
....When the bid is formally tabled with the government, the culture secretary, Karen Bradley, will have a “quasi judicial” role and must decide whether to refer it to media and competition authorities. Rival broadcasters have expressed concerns that Sky will dominate bidding for top-flight sporting events, TV shows and movies. ...
Rupert Murdoch: 'I've never asked any prime minister for anything' image
Source : Guardian [Read Article] Monday 19th of December 2016 01:57:06 PM
. Rupert Murdoch has written to the Guardian to deny he ever claimed that Downing Street did his bidding, as an attempt by his US film and television group to acquire Sky is due to be formally notified to ministers. ...
Former health secretary’s firm faces unfair dismissal case image
Source : Guardian [Read Article] Sunday 18th of December 2016 05:29:04 PM
....He also faced calls to resign as an MP in 2014 after taking on a lucrative role as a health consultant with KPMG, the accountancy firm. Critics claimed it was a conflict of interests because KPMG was looking at bidding for a £1bn contract with the NHS. ...
Murdoch's £11.7bn Sky bid will face competition complaints from rivals image
Source : Guardian [Read Article] Friday 16th of December 2016 05:30:37 PM
....Broadcasters opposed to 21st Century Fox’s proposed £11. 7bn takeover of Sky are preparing to lodge complaints with regulators in the UK and Europe after expressing concerns that the pay-TV broadcaster will dominate bidding for top-flight sport, TV shows and movies. ...
Europe development banks plan £5.5bn backing for gas project ‘with mafia links’ image
....Three of the Italian firms hired to build the $45bn pipeline have had past mafia connections, according to Italian prosecutors cited in the Bankwatch report. A subsidiary of the Bonatti company, which is building around 760km of the pipeline, was barred from public contracts bidding after being served with a “mafia disqualification” notice by Italian police in 2010. ...

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