THOMSON FINANCIAL NEWS TOP STORIES Global 1105 BST |
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Sat, 28 Apr 2007 11:22
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LONDON (Thomson Financial) - Here are the top stories on Thomson Financial NewsUS Q1 GDP up 1.3 pct vs 1.9 pct rise expected, slowest rise since Q1 2003WASHINGTON (Thomson Financial) - The US economy continued to slow in the first part of the year, growing at the slowest annual pace in four years, while at the same time a key measure of inflation continued to rise, the Commerce Department said today.The department estimated the economy grew at a 1.3 pct annualised rate between January and March, slower than the 1.9 pct economists had expected for the quarter and the slowest annualized pace since the first quarter of 2003.OFT recommends Competition Commission inquiry into BSkyB's ITV stake buyLONDON (Thomson Financial) - Britain's Office of Fair Trading said British Sky Broadcasting's controversial purchase of a 17.9 pct stake in ITV late last year should be referred to the Competition Commission for further investigation.In a report that has been handed to the Department of Trade and Industry, the OFT said BSkyB's November swoop on ITV had caused 'a substantial lessening of competition' within the UK TV industry.AT&T CEO Whitacre to retire June 3(AP) - SAN ANTONIO -- AT&T Inc. Chairman and chief executive Edward Whitacre Jr. said Friday he will retire on June 3 after 44 years with the nation's largest telecommunications company.Whitacre, 65, also announced at the company's annual meeting that the board has elected Chief Operating Officer Randall Stephenson, 47, to replace him.Royal Bank of Scotland consortium says intends to make public offer for ABN
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NBC's Thompson tackles environment 