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P&G issues profits warning after Turkish lira collapse

27 Feb 2001

Procter & Gamble has issued a profits warning following Turkey’s economic problems.

Telecoms giants consider 3G link-up to cut costs

27 Feb 2001

A number of telecoms operators are believed to be considering joining forces to share some of the huge costs involved in developing the next generation of mobile networks.

SSL appoints new chief executive

27 Feb 2001

SSL International, the makers of Durex condoms, has appointed a new chief executive just one week after “inviting” Iain Carter to step down from the post.

Geldof’s travel site cuts third of staff

27 Feb 2001

Deckchair.com, the flight-booking website founded by Bob Geldof KBE, has made a third of its staff redundant and is expected to announce a merger with an unnamed rival within weeks.

Napster asks for court review

27 Feb 2001

Napster has asked for a review of the US court ruling earlier this month which said that the company could be liable for copyright infringement.

UBM reduces losses

27 Feb 2001

United Business Media has reported reduced full-year losses for the 12 months in which it sold its ITV businesses and Express Newspapers.

Two Way TV strikes deal with MTV

27 Feb 2001

Interactive TV gaming provider Two Way TV has inked a deal with MTV to supply the music video channel with enhanced music programming for its UK-based services.

Arena Leisure sacks racing director

27 Feb 2001

Arena Leisure, the UK racecourse owner, has sacked its director of racing Richard Muddle without citing a reason.

Nike issues profits warning

27 Feb 2001

Sports clothing company Nike issued a profits warning last night, saying its third-quarter earnings would be hit by the slowdown in the US economy.

28 jobs to go in HTV integration

27 Feb 2001 | by MediaWeek

HTV, the ITV franchise for Wales and the south west, is making 28 people redundant in its planning, promotion and presentation departments as part of its integration into Carlton Communications. Carlton said that both HTV Wales and HTV West would keep their branding and that around 15 new jobs would...

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