March 15 at 12:51 p.m.
Filed under:
Food,
Government,
International,
M&A,
Packaged foods
By Dow Jones Newswires
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 »
Nov. 19, 2010 at 10:23 a.m.
Filed under:
Computers,
Telecommunications,
Wireless
By Associated Press
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 »
July 28, 2010 at 2:14 p.m.
Filed under:
Entertainment,
Media,
Technology
By Dow Jones Newswires
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 »
July 6, 2010 at 12:34 p.m.
Filed under:
Government,
Regulations,
Retirement
By Associated Press
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 »
