Inside these posts: Britain

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Kraft’s Rosenfeld a no-show in Cadbury probe

Creme Eggs move down the line at the Bournville production plant. (Christopher Furlong/Getty)

Executives from Kraft Foods Inc. appeared at a parliamentary hearing Tuesday over the company’s 11.9 billion-pound acquisition of confectioner Cadbury a year ago, but the absence of Chief Executive Irene Rosenfeld drew criticism from lawmakers.

U.K. lawmakers on the Business, Innovation & Skills committee are discussing with Kraft — maker of Oreo cookies, Philadelphia cream cheese and Maxwell House coffee — the commitments it made a year ago following the takeover, as well as seeking reassurances on jobs and investment into research.

Last April, lawmakers said in a report that Northfield-based Kraft acted “irresponsibly” and “unwisely” during its acquisition of Cadbury and damaged its reputation in the U.K. Get the full story »

Google to delete personal data gathered in Britain

Britain’s information security watchdog says that Google Inc. has agreed to delete the personal data collected by the company’s Street View cars.
Get the full story »

British pay TV company takes next step in 3D

British Sky Broadcasting Group PLC Wednesday confirmed it plans to launch a 3D television channel for consumer subscribers Oct. 1.

BSkyB, the U.K.’s biggest pay-television provider, said customers who pay for its top-tier subscription package and have Sky + high-definition compatible set-top boxes¬† would get the 3D channel free of charge. The company may later allow¬† subscribers on lower-cost packages to obtain the service, a spokesman said. Get the full story »

EU chief calls for 70 as retirement age

The European Union’s executive says Europeans should not retire before 70 to save cash-strapped state pension funds.

In a paper to be published Wednesday, the European Commission says four workers’ contributions to state pensions help support two retirees. Get the full story »