Daily Telegraph (UK): City checklist: Shell’s head of the exploration and production division, Malcolm Brinded, is coming under fire from investors for the company’s lacklustre performance in securing major new production
Monday 27 June 2005
The Financial Services Authority is likely to impose a fine of between £15m and £25m on Citigroup next week, following a controversial bond trade last year.
• Archie Norman, rumoured to be interested in running Wm Morrison, has denied that he has received an approach from either the company or its advisers.
• Shell’s head of the exploration and production division, Malcolm Brinded, is coming under fire from investors for the company’s lacklustre performance in securing major new production.
• Amec, the UK engineering company, and Fluor of the US have approached the Government about buying British Nuclear Group, part of BNFL.
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