ASA rules on misleading Flybe ad

Flybe has had its knuckles rapped by the Advertising Standards Authority following a January sales promotion. Under an advertisement entitled Keeping Britain on the Move, the airline highlighted a sale of 10 million seats and listed 70 destinations with corresponding prices. The ASA received a complaint that said the advertisement was misleading because it did not make clear from which departure airports the advertised prices applied. Flybe responded that the advertised Read more [...]

Hungarian Waberer’s to Be Listed on Bourse, Vilaggazdasag Says

Private-equity fund Mid Europa Partners plans to sell its stake in the Hungarian road freight transportation company Waberer’s Holding Zrt. on the Budapest Stock Exchange in three to five years, Vilaggazdasag reported. The fund, which last month purchased a 49.05 percent stake in the company, plans its investments on a three- to five-year horizon, the newspaper said, citing Craig Butcher, head of MEP’s Budapest office. Waberer’s Read more [...]

Council rejects plan to demolish cash-draining Victorian hospital

SCOTLAND’S economic development agency been denied permission to demolish a landmark Victorian hospital, despite projections of a £25 million bill to bring it back into use. At a hearing to decide on the future of Ruchill Hospital, it also emerged that Scottish Enterprise is paying £5000 a week to private security firms to guard the site, which houses A,B and C-listed structures, while maintenance of the buildings accounted Read more [...]

TUI says in talks over Hapag stake sale, shares rise

FRANKFURT | Tue Apr 5, 2011 1:07pm EDT FRANKFURT (Reuters) - German travel group TUI is in talks to sell a stake in its container shipper Hapag-Lloyd, but declined to confirm that a deal with a unit of Oman's sovereign wealth fund has already been struck. An official at Onyx Investments Ltd, which is owned by the Oman Investment Fund, said Onyx had reached an agreement in principle to buy a stake in Hapag-Lloyd, which TUI has long wanted to spin off from Read more [...]

FBI listed journalist as informant

Chris Isham, the vice president and Washington bureau chief for CBS News, was listed in internal FBI files as an FBI informant during his time at ABC News’s chief of investigative projects in the 1990s.The FBI memo detailing this relationship at the time of the Oklahoma City bombing was revealed today by the Center for Public Integrity. Gawker broke the news that it was Isham, and POLITICO confirmed that with a separate source. Continue Reading POLITICO Read more [...]

Concern about TCHC tenants

For the Toronto Community Housing Corp., the sale of 22 of its single-family homes comes down to dollars and cents. But for some occupants the decision is personal — not business. “TCHC is the social safety net of this city,” said Houselink executive director Brian Davis. Houselink, a non-profit organization that provides housing for people with mental illness, works with TCHC to supply affordable housing. One of the houses listed for potential sale — at 227 Crawford St. — Read more [...]

London 2012: BBC cutbacks cause alarm at the IOC over future Games coverage

There have been other less high-profile but equally telling rights defeats for the BBC in the last year, indicating a change in priorities at White City. The 2011 World Athletics Championships were lost to Channel 4 after the BBC was outbid, as were the Paralympics, an obvious corporation commodity that has always previously been a BBC property. In both cases the rights holders were unimpressed with the level of promotion, or the size of the cheque, the BBC was able to offer. Read more [...]

Sheriff’s Sale Resumes In Philadelphia

PHILADELPHIA - Tuesday was a sad day for a lot of Philadelphia homeowners, as their properties went on the auction block after sheriff's sales resumed. In all, 2,600 properties were listed for sale Tuesday. But the sheriff's office says hundreds of homeowners got last-minute reprieves, buying them a little extra time. About 400 properties did go up for auction Tuesday. We haven't seen any sheriff's sales for the past three months. That was when a judge halted sales due to a delay in implementing Read more [...]