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Britain's Serious Fraud Office has yet to contact London-based securities houses after a request for help with a French probe into Eurotunnel SA /Plc share dealings, market sources said on Monday.
The SFO said on Sunday it had been asked to lend a hand in an investigation by the French authorities into alleged market m... | 17 |
The London High Court on Thursday adjourned a hearing to decide whether British authorities will hand over to Italy documents related to the business affairs of Italian media tycoon Silvio Berlusconi.
The judge decided the hearing could not be finished in the two days allotted and lawyers would have to return in the fi... | 17 |
Britain's Woolwich Building Society on Monday set the timetable for a three billion pounds ($5.1 billion) stock market flotation in July which will bring an average windfall of over 1,200 pounds to its members.
The mutually-owned building society, the third largest in the country with assets of more than 30 billion pou... | 17 |
After a five year struggle, creditors of the collapsed, fraud-ridden BCCI will receive a payment of $2.65 billion on Tuesday, equal to 24.5 percent of their claims, a spokesman for the liquidators said on Monday.
Bank of Credit and Commerce International, founded in 1972, was closed by central banks in 1991 and collaps... | 17 |
Sir Chippendale "Chips" Keswick who, it was announced on Wednesday, will take over the chair of Hambros, one of the few remaining British independent investment banks, has been regarded by some as an outsider.
The firm has been dominated by the Hambro family but Keswick, 56, has over 30 years under his belt at the bank... | 17 |
British bank Barclays on Tuesday sold its global custody business to U.S. investment bank Morgan Stanley for an undisclosed sum thought to be below 50 million pounds.
The purchase by Morgan Stanley marks another step in the consolidation of custody business which is increasingly being seen as a banking activity where "... | 17 |
Britain's largest mortgage lender, the Halifax Building Society, on Friday said its planned stock market flotation in June could be worth as much as 12 billion pounds ($20 billion).
Unveiling a price range and details of share allocations to the society's members, Halifax chief executive Mike Blackburn said it "will re... | 17 |
British bank Barclays Tuesday sold its global custody business to investment bank Morgan Stanley for an undisclosed sum thought to be less than 50 million British pounds ($83 million).
The purchase by Morgan Stanley marks another step in the consolidation of custody business, which is increasingly being seen as a banki... | 17 |
British property giant Land Securities said on Wednesday there were signs of rental growth in some sectors of the British property market and that it expected more to come.
Company chairman Peter Hunt said that while there was a feeling there was more rental growth to come, so far it had been patchy.
Growth in rental r... | 17 |
Northern Rock Building Society will publish detailed proposals for its stock market flotation, including a preliminary valuation of the company, in the first week in March, director Adam Applegarth said on Wednesday.
Applegarth told Reuters in an interview that the document will be followed by a special meeting of memb... | 17 |
Royal Bank of Scotland is constantly reviewing its options to expand its distribution channels, especially in the south east of England, its chief executive George Mathewson said on Thursday.
"It's right to assume we've been talking to a lot of people," Mathewson told Reuters in an interview. "People (who are looking f... | 17 |
Royal Bank of Scotland, which reports full year data next Thursday, is expected to raise its pre-tax profit from last year's 602 million stg but not by as much as analysts thought just a few months ago.
They expect Royal Bank's profits to rise to between 670 and 700 million stg, with a much smaller contribution from it... | 17 |
Lloyds Bank was fined 325,000 pounds ($550,000) Wednesday by a British investment industry watchdog and appears set to pay millions of pounds in compensation to disadvantaged customers.
The Investment Management Regulatory Organisation said it fined Lloyds, which merged with TSB last year to form Lloyds TSB Group Plc, ... | 17 |
The flotation price of the Halifax Building Society is expected to materialise at the high end of an estimate prepared by the Society's bankers last month, banking analysts said on Friday.
Deutsche Morgan Grenfell, the Halifax's investment banking advisers, set a price range for the June float of between 390 and 450 pe... | 17 |
British banks have a made a positive start to 1997.
Share prices are buoyant and analysts on Thursday saw few serious clouds on the horizon to jolt the sector out of its seemingly inexorable rise.
The sctor, which has outperformed the FTSE 100 index by around 20 percent over the past six months, has become more diverse... | 17 |
Three of Britain's largest bulding societies, which plan stock market flotations in 1997, on Thursday said draft legislation relating to protection from takeovers had forced them to examine their float plans closely.
The mutually-owned societies, who specialise in mortgage lending, the Woolwich, Alliance & Leiceste... | 17 |
The world's major banks are busy jockeying for position in an emerging super-league that is set to dominate the massive and higly lucrative private banking market in the next decade, a survey showed on Wednesday.
Private banking concentrates on "high net-worth individuals" -- people whose liquid assets, their easily av... | 17 |
Banking analysts said on Monday they were positive on implications for Bank of Scotland in its joint venture into supermarket banking with J Sainsbury, with one analyst even upgrading his recommendation.
Others maintained their positive stances on the Scottish bank and played down the negative impact the innovative pla... | 17 |
Morgan Grenfell Asset Management, the fund management arm of Germany's Deutsche Bank AG, said on Tuesday trading would resume on Thursday in its three European funds suspended earlier this week.
The three funds -- the 788 million pound ($1.23 billion) MG European Growth Trust, the 137 million MG Europa and the 444 mil... | 17 |
Britain's Northern Rock Building Society, due for flotation in the autumn, on Wednesday reported pretax profits of 167.5 million pounds ($270 million) for 1996, up 14 percent from 147 million the previous year.
The home loan provider said it would publish its transfer document giving details of the flotation and a prel... | 17 |
The British government on Wednesday published proposed new laws governing home lenders which watered down the building societies' immunity from takeover if they converted into banks.
The new legislation provoked a cool response from some home lenders and prompted one leading player to say its plans for conversion may w... | 17 |
A thankful Elizabeth Forsyth, a former aide of Polly Peck head Asil Nadir, walked free from court on Thursday after three judges allowed her appeal against a five-year sentence for handling stolen money.
Forsyth, 60, who is also appealing against the money-laundering conviction itself, described her 10 months in prison... | 17 |
NatWest Markets, the investment banking arm of National Westminster Bank, on Monday named Peter Hall as the man to run its expanding operations but other questions over the bank's strategy remained, analysts said.
NatWest said Hall, who currently runs its American operations, would take over as chief operating officer ... | 17 |
Italian business tycoon Silvio Berlusconi on Wednesday lost an appeal in the London High Court against the transfer of documents to Italian authorities investigating allegations of fraud and false accounting.
Britain's Serious Fraud Office seized 15 bags of documents in April from the office of London lawyer David Mill... | 17 |
British fund management group Mercury Asset Management on Tuesday posted a 29 percent jump in first half pretax profits to 81.8 million pounds ($133.9 million), up from 63.6 million in the first half last year.
It also saw its cash pile rise sharply to 261.6 million pounds from 189.9 million at the end of March, raisin... | 17 |
Anglo-French Channel Tunnel operator Eurotunnel on Monday announced a deal giving creditor banks 45.5 percent of the company in return for wiping out one billion pounds ($1.56 billion) of its debt mountain.
The long-awaited restructuring brings to an end months of wrangling between Eurotunnel and the 225 banks to which... | 17 |
Former Barings treasury and risk chief Ian Hopkins has been banned from being a director in the City, industry sources said on Thursday after a three-day disciplinary hearing.
Britain's Securities and Futures Authority (SFA) said in a statement that the outcome would not be formally announced until after any appeal pro... | 17 |
Former Barings executive Ron Baker rejects a lawsuit filed by Dutch bank ING Barings which makes a claim for repayment of a 100,000 pounds ($165,000) loan he is alleged to have received, his lawyer told Reuters on Thursday.
ING Barings earlier confirmed a press report it is suing Baker for 113,000 pounds, representing ... | 17 |
Anglo-French Channel Tunnel operator Eurotunnel Monday announced a deal giving its creditor banks 45.5 percent of the company in return for wiping out one billion pounds ($1.56 billion) of its debt.
The long-awaited restructuring brings to an end months of wrangling between Eurotunnel and the 225 banks to which it owes... | 17 |
Royal Bank of Scotland on Thursday reported a 15 percent rise in full year pretax profits to 695 million pounds ($1.2 billion) as strong growth in its UK and U.S. banking operations offset a dip at its insurance unit.
Chief Executive George Mathewson told Reuters the bank is constantly reviewing its options to expand m... | 17 |
BZW, the investment banking arm of Barclays Plc, said on Wednesday it plans to use state-of-the-art defence technology to help it with a perennial problem -- managing risk in the financial markets.
The bank has formed the Financial Laboratory Club to develop new risk management solutions, using the scientific and compu... | 17 |
Former Morgan Grenfell Asset Management (MGAM) star fund manager Nicola Horlick continued her battle against her ex-employer on Tuesday but, after a meeting with her lawyer, said her chances of being reinstated were slim.
"Reinstatement doesn't seem very likely," she told Reuters.
Horlick is waging a campaign for reins... | 17 |
British Chancellor of the Exchequer Kenneth Clarke on Tuesday took the expected step of phasing out tax relief on profit related pay (PRP) schemes.
But analysts were pleasantly surprised the proposal still allowed new schemes to be registered as the tax relief is reduced and were relieved the Chancellor did not abolish... | 17 |
A bumper crop of results from the six major British banks which start their reporting season next week should take aggregate pre-tax profit comfortably above 12 billion stg for 1996 from just over 10.8 billion stg in 1995.
Analysts also expect some of them to return surplus capital to shareholders, either in the form o... | 17 |
BZW, the investment banking arm of Barclays Plc, has restructured its Global Markets division in another step towards reshaping its business to compete wth global rivals, banking sources said on Thursday.
BZW has been carrying out a top-to-bottom review of the markets business including matching staff profiles and skil... | 17 |
Ailing Union Plc, formerly a pillar of the London money market scene, could be broken up to release shareholder value after the company said it would not pay a final dividend for 1996, analysts said on Tuesday.
They said a buyer might be found for Union's profitable fees and commission businesses to break them away fro... | 17 |
Lloyds Bank was on Wednesday fined 325,000 pounds ($550,000) by a British investment industry watchdog and looks set to pay millions of pounds in compensation to disadvantaged customers.
The Investment Management Regulatory Organisation (IMRO) said it had fined Lloyds, which merged with TSB last year to form Lloyds TSB... | 17 |
Fund management company Mercury Asset Management Plc is expected to post a good rise in pre-tax profits for the first half next Tuesday, having benefited from buoyant exchanges.
On Friday, MAM shares stood near their year highs at 11.32 stg, with analysts expecting pre-tax profits of around 80 million stg, up from 63.6... | 17 |
International accountancy and consultancy partnership Ernst & Young said it made a profit of 75.2 million pounds ($125.4 million) in Britain as it revealed financial details of its operations for the first time on Tuesday.
The 21 percent rise in profit in the year to June 30 was made on gross fee income of 456 mill... | 17 |
Britain's largest mortgage lender, the Halifax Building Society, said Friday its planned initial public offering in June could be worth as much as 12 billion pounds ($20 billion).
Unveiling a price range and details of share allocations to the society's members, Halifax Chief Executive Mike Blackburn said it "will repr... | 17 |
Channel tunnel operator Eurotunnel on Monday announced details of a deal giving bank creditors 45.5 percent of the company in return for wiping out 1.0 billion pounds ($1.6 billion) of its massive debts.
The long-awaited but highly complex restructuring of nearly nearly nine billion pounds of debt and unpaid interest t... | 17 |
Britain's Barclays Plc said on Monday it was in talks with U.S. group Morgan Stanley about its global custody business and banking sources confirmed the unit is up for sale.
Barclays and Morgan Stanley were coy in responding to press speculation, saying only that they are "in discussions to explore the potential for fu... | 17 |
Britain's largest mortgage lender, the mutually-owned Halifax Building Society, on Thursday (corrects from Wednesday) said its planned stock market flotation in June could value it at as much as 12 billion pounds ($20 billion).
"This will represent the largest single extension of private share ownership ever witnessed ... | 17 |
A British High Court judge rejected on Thursday a $1.8 billion claim by the liquidators of Bank of Credit and Commerce International (BCCI) against accountancy firm Ernst & Whinney, now known as Ernst & Young.
BCCI was closed by central banks in 1991 and collapsed with debts of more than $12 billion amid eviden... | 17 |
Lloyds TSB Group kicks off the UK bank reporting seson on February 14 and, despite trading at big premiums to the sector, is still favoured by analysts because of what they see as a well-positioned business mix.
Lloyds is expected to weigh in with over 2.4 billion stg in pre-tax profit and dividend per share of as much... | 17 |
A thankful Elizabeth Forsyth, a former aide of Polly Peck head Asil Nadir, walked free from court on Thursday after three judges allowed her appeal against a five-year sentence for handling stolen money.
Forsyth, 60, who is also appealing against the money-laundering conviction itself, described her 10 months in prison... | 17 |
British Chancellor of the Exchequer Kenneth Clarke could cut tax credits on dividends in a "robbing Peter to pay Paul" measure which would help fund widely expected cuts in income tax in his budget speech next Tuesday.
Roger Bootle, group chief economist at HSBC Markets, thinks Clarke may well see pension funds as one ... | 17 |
The British government on Wednesday published new draft legislation governing home lending institutions but a lack of parliamentary time might mean it will not reach the statute book before a general election.
The Building Societies Bill, if passed, would remove a society's five-year immunity from takeover once it conv... | 17 |
Fund management Group Mercury Asset management will make acquisitions if it can enhance shareholder value, its chairman Hugh Stevenson said on Tuesday after announcing bumper profits and a sharp jump in its cash pile.
Profits rose 29 percent to 81.8 million stg from 63.6 million stg in the first half last year while ca... | 17 |
Bankers in London say they hope to sign a package restructuring the 8.7 billion pounds ($14 billion) debt of channel tunnel operator Eurotunnel well before a new year-end deadline runs out.
"Just as the previous deadline of April was a bit optimistic, the new one errs on the side of caution," said one banking source. "... | 17 |
The Justice Department asked the Supreme Court Thursday to lift a lower court suspension of landmark federal rules aimed at prying open the nation's local telephone monopolies to competition.
The department, acting on behalf of the Federal Communications Commission, said the lower court's "stay" could hurt consumers by... | 40 |
Regulators proposed Thursday to set aside $2.3 billion a year to link schools and libraries to the Internet at discounted rates, but declined to endorse President Clinton's call to hook them up free of charge.
Eligible institutions could buy access to the computer network at discounts of 20 percent to 90 percent, under... | 40 |
Regulators this week gave final approval to a technology standard for a new generation of high-definition digital television, setting off a race between computer makers and TV manufacturers to woo viewers.
The Federal Communications Commission on Tuesday approved the compromise standard hammered out last month between ... | 40 |
Ameritech Corp. Thursday became the first Baby Bell phone company to seek federal approval under the new telecommunications law to offer long-distance service from its regional calling area.
The Chicago-based carrier asked the Federal Communications Commission for permission to provide long-distance service to resident... | 40 |
Federal and state regulators raced Wednesday to finalise a multi-billion dollar proposal to ensure all Americans get quality and affordable phone service and that schools and libraries can hook up to the Internet.
An eight-member board of state regulators and members of the Federal Communications Commission is trying t... | 40 |
Responding to a dispute with the United States, Canada said Tuesday it plans to develop its own satellite-TV industry rather than rely on U.S. companies such as Tele-Communications Inc. to jump-start the business.
The announcement came just hours after the Federal Communications Commission rejected for a second time a ... | 40 |
Television executives have tentatively agreed to rate shows based on their suitability for kids of different age groups, industry sources said Tuesday, disappointing advocates of a ratings system that would specify the level of sex, violence and bad language.
The new ratings system is expected to be completed by year's... | 40 |
The government's largest wireless phone auction ended Tuesday, with prices taking a U-turn back toward earth after 125 companies bid a total of $2.5 billion to offer a new generation of cellular service.
The total was down 75 percent from a similar Federal Communications Commission auction that raised $10.2 billion las... | 40 |
The state of Alaska has asked the Federal Communications Commission to ban broadcast advertising of hard liquor, adding to the controversy over whether liquor ads should be allowed on television and radio.
Lawyers said the state's petition -- backed by former U.S. Surgeon General C. Everett Koop -- was significant.
It ... | 40 |
The nation's top communications regulator Friday appealed to nearly 1,200 television stations nationwide to adhere to a voluntary ban and refrain from airing liquor advertisements.
Federal Communications Commission Chairman Reed Hundt, speaking a day after a liquor industry group said it would end its own voluntary ban... | 40 |
The U.S. communications revolution is off to a slow start, unleashing more hype than competition among local and long-distance carriers, cable-TV firms, utilities and others.
But experts say that, just one year after passage of the huge telecommunication reform bill, it is too early to judge it a failure. Most predict ... | 40 |
Federal regulators are set to kick off a two-part plan to slash rates on overseas phone calls, a move that could save consumers and companies billions of dollars but may ruffle the feathers of foreign governments.
The Federal Communications Commission is expected Tuesday to make it simpler for U.S. and foreign phone co... | 40 |
The brouhaha over Newt Gingrich's intercepted telephone call has shed light on how easy it is to eavesdrop on cellular calls and how seldom cases are prosecuted -- even though the law is violated daily.
"It's had the chilling effect of reminding us all that anyone at any time could be listening to our most private conv... | 40 |
Regulators are set to kick off a two-part plan to slash rates on overseas phone calls, a move that could save American consumers and companies billions of dollars but ruffle the feathers of foreign governments.
The Federal Communications Commission is expected Tuesday to make it simpler for U.S. and foreign phone compa... | 40 |
Regulators took the first of two steps Tuesday to slash the cost of overseas phone calls for consumers and businesses, making it easier for U.S. and foreign carriers to negotiate cheaper international rates.
The Federal Communications Commission hopes to save U.S. callers billions of dollars by backing up the new rules... | 40 |
Television industry moguls crafting a ratings system should spell out sexual and violence content of shows, not rely solely on a system like the motion picture code, a survey of parents issued Thursday concluded.
The nationwide survey of 679 parents showed 80 percent preferred a system that specified the level of viole... | 40 |
Negotiations between American Airlines and its pilots union continued into the early hours of Friday, with neither side reporting any breakthrough that would avert a midnight strike at the nation's number-two carrier.
A federal mediator refereeing the talks at a downtown hotel informed the pilots that American had reje... | 40 |
The federal government's bid to pry open the phone business has hit a snag that could postpone the onset of full-blown competition in the local and long-distance markets and delay cheaper phone service.
The snag came when a federal appeals court Tuesday suspended, or stayed, key parts of a Federal Communications Commis... | 40 |
A television industry group is set to formally unveil its controversial system for rating programmes on Thursday so parents can better control the shows their children tune in.
The group of broadcast, cable-TV and Hollywood executives has been meeting privately since March to fashion a motion-picture style system to ra... | 40 |
The television and entertainment industries vowed Thursday to use only their system for rating TV programs and promised to reject -- by legal means, if necessary -- any government-imposed plan.
Following months of work, a group of TV and Hollywood executives are scheduled next week to unveil plans for a system to rate ... | 40 |
An obscure part of the new telecommunications law could restrict how phone companies use confidential customer data to peddle everything from calling plans and caller I.D. to Internet access and credit cards.
The law pits consumer advocates who fear an onslaught of telemarketers and a loss of personal privacy against l... | 40 |
The nation's distillers Thursday formally reversed their 48-year-old voluntary ban on broadcast advertising of liquor, saying whiskey and gin should be treated just like beer and wine.
The announcement -- coming two days after the presidential election and just ahead of the holiday season -- affirms the decision by Sea... | 40 |
Regulators set aside a chunk of airwaves Thursday to let schools, businesses, communities and others bypass phone lines and send video images, data and voice over their own local wireless computer networks.
The Federal Communications Commission's decision, for example, will allow a school to create a high-speed wireles... | 40 |
Negotiations between American Airlines and its pilots union continued into the early hours of Friday, with neither side reporting any breakthrough that would avert a midnight strike at the nation's No. 2 carrier.
A federal mediator refereeing the talks at a downtown hotel informed the pilots that American had rejected ... | 40 |
President Clinton and Congress are again set to look to airwave sales to cut the deficit, although analysts note the radio spectrum is not a bottomless money pit and prices should fall as more space is sold.
"They need to be careful that they're not killing the golden goose," said Joe Boyer of Hatfield Associates Inc.,... | 40 |
Federal regulators are set to kick off a two-part plan to slash rates on overseas phone calls, a move that could save consumers and companies billions of dollars but may ruffle the feathers of foreign governments.
The Federal Communications Commission is expected Tuesday to make it simpler for U.S. and foreign phone co... | 40 |
The Clinton administration is making a $36 billion bet in its new budget that companies will rush to pay big bucks for a chunk of the airwaves to roll out newfangled communications services to the public.
As a part of the bet, the administration is wagering it can overcome major political forces, such as TV broadcaster... | 40 |
Television and Hollywood moguls on Thursday formally unveiled their controversial system to rate TV programmes, ushering in a new era meant to enable parents to control their kids' viewing habits better.
Broadcast and cable-TV networks will begin displaying the six ratings categories at the start of shows as soon as Ja... | 40 |
The television and entertainment industries vowed Thursday to use only their system for rating TV programmes and promised to reject -- by legal means, if necessary -- any government-imposed plan.
Following months of work, a group of TV and Hollywood executives are scheduled next week to unveil plans for a system to rat... | 40 |
The Federal Communications Commission is expected to curb its power to approve or reject long-distance rates by ending a Depression-era rule requiring telephone carriers to notify the FCC before rate changes.
The new rules, set to be adopted on Tuesday, are meant to pump more competition into the $70 billion long-dista... | 40 |
Ameritech Corp. won an important endorsement Wednesday from Michigan regulators in its bid to become the first Baby Bell to offer long-distance telephone service from its local calling region.
The Michigan Public Service Commission voted to advise the Federal Communications Commission that it appears Ameritech has met ... | 40 |
An obscure part of the new telecommunications law could restrict how phone companies use confidential customer data to peddle everything from calling plans and caller I.D. to Internet access and credit cards.
The law pits consumer advocates who fear an onslaught of telemarketers and a loss of personal privacy against l... | 40 |
A U.S. appeals court in St. Louis is set to hear arguments Friday on whether to reactivate or throw out a major Federal Communications Commission order opening the $100 billion local phone market to competition.
Lawyers and analysts predict the FCC and its long-distance phone company allies will lose the latest battle ... | 40 |
Regulators proposed Thursday to set aside $2.3 billion a year to link schools and libraries to the Internet at discounted rates, but declined to endorse President Clinton's call to hook them up free of charge.
Eligible institutions could buy access to the computer network at discounts of 20 percent to 90 percent, under... | 40 |
The television industry's controversial system for rating programs is set to begin airing Wednesday on the big networks ABC, CBS, NBC and Fox.
Broadcast and cable networks will carry the ratings, though start dates will vary. Time Warner Inc.'s upstart WB network began rating shows on Dec. 22. Cable network Black Enter... | 40 |
The Justice Department asked the Supreme Court Thursday to lift a lower court suspension of landmark federal rules aimed at prying open the nation's local telephone monopolies to competition.
The department, acting on behalf of the Federal Communications Commission, said the lower court's "stay" could hurt consumers b... | 40 |
Federal and state regulators raced Wednesday to finalize a multi-billion dollar proposal to ensure all Americans get quality and affordable phone service and that schools and libraries can hook up to the Internt.
An eight-member board of state regulators and members of the Federal Communications Commission is trying to... | 40 |
The Federal Communications Commission's new rules opening the local telephone market to competition are likely to survive a slew of legal challenges leveled by state regulators and local phone companies, lawyers predicted Wednesday.
They said it is unlikely a federal court would overturn the core of the "interconnectio... | 40 |
Lawmakers and law-enforcement officials voiced support Wednesday for tougher laws to bar eavesdropping on cellular phone calls, following the uproar over Newt Gingrich's intercepted call.
A House telecommunications subcommittee is training its sights on a little-enforced law banning the sale, manufacture and importatio... | 40 |
U.S. Vice President Al Gore on Wednesday defended last year's telecommunications law against critics who charge it is a failure, saying that the Clinton administration has no plans to try and reopen the act.
"This is the first year of a process of change that will take quite some time," Gore told a group of reporters. ... | 40 |
Supreme Court Justice Clarence Thomas refused Thursday to reinstate landmark federal rules aimed at prying open the nation's $100 billion local telephone market to full-fledged competition.
Thomas let stand, without comment, a U.S. appeals court order suspending key parts of the Federal Communications Commission's "int... | 40 |
Regulators took the first of two steps Tuesday to slash the cost of overseas phone calls for consumers and businesses, making it easier for U.S. and foreign carriers to negotiate cheaper international rates.
The Federal Communications Commission hopes to save U.S. callers billions of dollars by backing up the new rules... | 40 |
The television industry's new ratings system is a bust and is rife with inconsistencies that make it tougher for parents to pick shows appropriate for kids, a conservative media watchdog group charged in a new study on Tuesday.
The Media Research Centre reviewed 150 hours of shows in the two weeks that ended Jan. 16 on... | 40 |
Deregulation of the $100 billion local telephone market is progressing -- but not by the script written by the Federal Communications Commission.
Although the Supreme Court Tuesday declined to revive key parts of the FCC's landmark rules for prying open local phone monopolies, the march to competition is not dead, indu... | 40 |
The government's largest wireless phone auction ended Tuesday, with prices taking a U-turn back toward earth after 125 companies bid a total of $2.5 billion to offer a new generation of cellular service.
The total was down 75 percent from a similar Federal Communications Commission auction that raised $10.2 billion las... | 40 |
The Federal Communications Commission reined in its regulation of long-distance telephone rates Tuesday by scrapping a Depression-era rule requiring phone carriers to tell the agency beforehand of rate changes.
FCC officials said the move was designed to inject more competition into the $70 billion long-distance market... | 40 |
Following weeks of talks, representatives from the television and computer industries reached an agreement in principle Monday on a broadcast standard for a new generation of high-definition digital TV.
The accord is aimed at allowing the Federal Communications Commission to finalise by year's end a government-prescrib... | 40 |
The Supreme Court Tuesday declined a request by federal regulators and long-distance phone companies to reactivate landmark rules intended to pry open the nation's local phone monopolies to competition.
The denial means key terms and conditions for deregulating the $100 billion local phone market will for now depend on... | 40 |
Deregulation of the $100 billion local telephone market is progressing -- but not according to the script written by the Federal Communications Commission.
Although the Supreme Court Tuesday declined to revive key parts of the FCC's landmark rules for prying open local phone monopolies, the march to competition is not ... | 40 |
The nation's distillers Thursday formally reversed their 48-year-old voluntary ban on broadcast advertising of liquor, saying whiskey and gin should be treated just like beer and wine.
The announcement -- coming two days after the presidential election and just ahead of the holiday season -- affirms the decision by Sea... | 40 |
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