The Evening Standard (London, England) articles from January 2004

The Evening Standard (London, England) archives from January 2004

Jack the Ripper ... was a painter?(Science Scoops)
January 1, 2004... Between August and November, 1888, a shadowy figure stalked London's East End and committed a series of horrific murders. The crimes to this day remain unresolved, and the identity of the killer, popularly known as Jack the Ripper, has...

If a black hole burps, does anyone hear it?(Science Scoops)(Brief Article)
January 1, 2004... Most--if not all--large galaxies probably have a supermassive black hole at their center. It's been known for years that our Milky Way has a black hole that is some three million times as massive as our sun at its heart. Now, having one...

The Boston strangler: an unsolved mystery?(Science Scoops)(Brief Article)
January 1, 2004... Between 1962 and 1964, a notorious strangler prowled the streets of Boston, MA, and its surrounding communities, claiming 11 definite victims. Not since Jack the Ripper had anything comparable happened. The Boston murders gave way to one of the...

Journey to the center of the Earth.(Science Scoops)
January 1, 2004... If you think that it's difficult for us to explore space or the depths of Earth's oceans, imagine trying to send a probe to the center of the Earth! Sound impossible? Well, Dave Stevenson (professor of planetary science at the...

Fatal impact.(Science Scoops)(Columbia spacecraft fatal reentry solved)(Brief Article)
January 1, 2004... The decision is in. We now know the most likely cause of the space shuttle Columbia's fatal reentry. The culprit--and you probably guessed it--is the insulating foam that broke free of the main fuel tank at liftoff and hit the orbiter's left...

Crime scene at Ground Zero.
January 1, 2004... On Sept. 11, 2001, terrorists committed the most vicious crime in America's history. Two hijacked jets flew into New York's World Trade Center. A third plane smashed into the Pentagon. A fourth hijacked jet crashed in Somerset County,...

Your DNA profile: the identity you can't escape: discover what a DNA profile is and how it's created. The story below is fiction, but the science is fact. The names have been changed to protect the innocent.
January 1, 2004... The Scene of the Crime A call from Mrs. George to police headquarters reports an unfamiliar car that has been parked for two days on an isolated road near her home. Police Officer Adams responds immediately. He pulls up behind the car, and...

Fingerprints on trial.
January 1, 2004... Sometimes the most important clue is literally at your fingertips--or at least the guilty party's. Since 1892, fingerprint evidence has helped convict thousands of criminals. But recent cases have challenged fingerprint evidence in court. ...

Try your hand at fingerprint analysis.(Activity to Discover)(Brief Article)
January 1, 2004... You'll Need: Stamp pad Large index cards Magnifying glasses Round up the "usual suspects" among your classmates, family, and friends. Form two teams of at least six people each. 1. Have all players make a fingerprint card. One at a...

The worms crawl in, the worms crawl out ...".
January 1, 2004... The pungent odor of fermenting flesh has led you and the forensic detective to the decomposing body, thinly buried under dry leaves, but it's the roiling mass of maggots you see that releases the old children's song in your head: "The worms...

Mysterious mouse murder.(Brain Strain)
January 1, 2004... You are walking with Dr. Benedict Brain, a genius forensic detective who has a fondness for riddles and who also happens to be a mouse. Before you is Millie, another mouse, who may have been murdered. She has some mysterious swelling around her...

Dong Owsley: the real Indiana Jones.
January 1, 2004... In Doug Owsley's lab, bones are everywhere. Human skeletons lie partially assembled on tables. Skulls gape sightlessly from the shelves of a glass-fronted cabinet. Eerie black-and-white X-rays glow from an oversize light-box. A long wall is...

It's elementary, my dear Watson ... If you have a microscope!(People to Discover)
January 1, 2004... When the trail turns cold, the FBI, New Scotland Yard, and the Royal Canadian Mounted Police know that they can call upon Skip Palenik to help heat things up. He's a modern-day Sherlock Holmes with a microscope. From a fiber in the cloth,...

The bottlebrush & hibiscus get their man.
January 1, 2004... It was 9 o'clock on a summer evening. The unshaven driver of an old green sedan tapped nervously on his steering wheel as he drove north along Shoreline Drive toward a Chicago suburb. As he approached a residential neighborhood, he turned...

Meteors and planets to see in January!(What's Up)
January 1, 2004... The monthly All-Sky Chart depicts the sky (minus the moon) as it appears at 6 p.m. (your local time) on Jan. 15. Useful all month, the chart (except for planet positions) is also accurate for 7 p.m. on Jan. 1 and 5 p.m. on Jan. 31. To use the...

Stars of the pharaohs.(You Can Do Astronomy)
January 1, 2004... The winter sky provides an excellent opportunity to learn the winter constellations, as you might imagine them in modern times and as the Egyptian pharaohs did long ago. On an early January evening, look toward the southeast to find the...

Moon and moonth.(Stargazing with Jack Horkheimer)(Brief Article)
January 1, 2004... GREETINGS, GREETINGS, FELLOW STARGAZERS. LET'S BEGIN WITH OUR NEAREST NEIGHBOR, THE MOON. HOW NEW IS IT? ONLY 250,000 MILES AWAY... NOT VERY FAR, ASTRONOMICALLY SPEAKING. HOW BIG IS THE MOON? ONLY 1/4 THE SIZE OF EARTH! ...

Extreme weather!(Forecast ...)
January 1, 2004... Most of the time, "weather happens," as they say. In fact, you might even call it boring. But since the beginning of recorded history, extreme weather--hurricanes, tornadoes, floods, blizzards, droughts, and even "ice ages" have demanded, well...

A murderous itch.(Animal Angles)(Brief Article)
January 1, 2004... The victim, a young woman strangled with her own blouse, was found under a eucalyptus tree in Ventura County, CA. Investigators at the crime scene soon discovered tiny red welts on their waists and ankles, and behind their knees. The murder...

US Takes Executives of Cosmetic Firm to Court over Anti-Drug Campaign.
January 7, 2004... Jan. 7--Two executives of WPP's Ogilvy & Mather advertising division were due in court today charged with defrauding the US government over an anti-drugs campaign, writes Nick Goodway. Thomas Early, a senior partner and director of finance...

Evening Standard, London, Asian Markets Column.
January 7, 2004... Byline: Jake Lloyd-Smith Jan. 7--Share prices have been bounding higher across Asia as fundamentals improve, prompting some parent companies to trim holdings in their affiliates. Last month Bank of China pared its stake in Hong Kong...

British Banker Finds Recipe for Festive Success.
January 7, 2004... Jan. 7--Its mince pies, which beat those from Fortnum & Mason and Marks & Spencer in taste tests run by Good Housekeeping magazine, helped High Street baker Greggs to a bumper Christmas. After a tough, hot summer when sweltering customers...

UK Shoppers to Feel Pain as Bayer Wins Cheap Import Curbs.
January 7, 2004... Byline: James Rossiter Jan. 7--British shoppers are set to pay higher prices than their continental European counterparts for goods ranging from medicine to jeans after a landmark legal victory for big business. Drugs giant Bayer's...

Evening Standard, London, Business Briefs Column.
January 7, 2004... Jan. 7--TONNA TELLS ALL ON PARMALAT BANKS: Former Parmalat finance chief Fausto Tonna has "collaborated" with Italian authorities over the role banks played in the collapse of the food giant, it emerged today. Parma prosecutor Antonella...

Evening Standard, London, Business Insider Column.
January 7, 2004... Jan. 7--HOWARD'S WEB OF INTRIGUE: Whatever else Michael Howard might believe, he obviously doesn't believe in keeping the nation fully informed. I have scoured his personal website and can find no reference at all to his status as leader of the...

Airbus Zooms Past Struggling Rival Boeing.
January 7, 2004... Byline: Robert Lea Jan. 7--American aviation giant Boeing today admitted that it has been thrashed by European arch-rival Airbus in the annual race to deliver new aircraft. In the worst downturn in civil aviation history, Boeing today...

London Workers See Bonuses Reduced by Falling Dollar.
January 7, 2004... Byline: James Rossiter Jan. 7--The sliding dollar has seriously dented the bonus hopes of thousands of City workers. Senior managers in the London arms of big US investment banks that dominate the Square Mile have spent the last week...

Earnings of Chairman, CEO of British Caterer Reported.
January 7, 2004... Jan. 7--Mike Bailey, former chef and now chief executive of the world's biggest caterer, Compass, earned a pay package worth up to UKpound 4 million last year, making him one of the FTSE 100 index's best-paid bosses. Meanwhile, executive...

US Construction Giant Wins New UKpound 988 Million Iraq Deal.
January 7, 2004... Byline: Bill Condie Jan. 7--Despite a storm of protest over the number of Iraq contracts given to Bechtel, the US construction giant is to be awarded another worth $1.8 billion (UKpound 988 million) to rebuild the country's infrastructure....

British Discount Retail Chain Owner Will Not Make Profit This Year.
January 7, 2004... Jan. 7--Cheap was not cheerful this Christmas, Poundstretcher discount retail chain owner Brown & Jackson revealed today as it warned that it will not make a profit this year. Analysts had pencilled in pre-tax profits of about UKpound 9...

Murdoch's Son Takes Bigger Role at Fox.
January 7, 2004... Byline: Bernard O'Riordan Jan. 7--Rupert Murdoch's eldest son, Lachlan, has taken on added responsibility at the ratings-challenged Fox TV network in the US following the sudden departure of chairman Sandy Grushow. Grushow, who many...

Evening Standard, London, Anthony Hilton Column.
January 7, 2004... Byline: Anthony Hilton Jan. 7--LESSONS FROM THE MESS AT NATS: The boss of one of the leading players in Public Private Partnerships remarked casually just before Christmas that he was beginning to worry about where PPP was headed. The nub...

British Homebuilder Says Demand Rose after Christmas Holidays.
January 7, 2004... Byline: Malcolm Withers Jan. 7--With Christmas out of the way, house buyers are now queuing up for new homes, one of Britain's biggest builders said today. According to Bovis Homes, reservations for its properties are more than 10...

Overseas Earnings Targeted in Britain.
January 7, 2004... Jan. 7--Glaxo's tax dispute with the US Internal Revenue Service again highlights transfer-pricing issues featured in Gordon Brown's Pre-Budget Report last month. Increasingly, companies with overseas units are facing claims from tax...

Evening Standard, London, Market Report Column.
January 7, 2004... Byline: Mickey Clark Jan. 7--British Airways led blue-chip stocks up today with a jump of 15 pence to 257 pence -- their highest for almost two-and-a-half years. The gain came after US securities house Goldman Sachs raised its...

Do-It-Yourself Business Is Path to 7 Percent Lift for UK Paving Specialist.
January 7, 2004... Byline: Bill Condie Jan. 7--Paving specialist Marshalls' booming do-it-yourself business will help to boost profits for the past year by 7 percent. In a trading statement today, the company reported sales of UKpound 349 million and...

UK Firm Warns of 30 Percent Drop Due to Loss of Rail Maintenance Work.
January 7, 2004... Jan. 7--Carillion indicated today its profits are set to fall by up to 30 percent as a result of Network Rail's decision last October to take maintenance work in-house. In a trading statement at the close of its financial year, Carillion...

January Bargains Make the Shop Malls Hum Again in Britain.
January 7, 2004... Byline: Jane Padgham Jan. 7--The January sales got off to flying start, with the number of bargain-hunters visiting shopping centres well up on a year ago. Retail monitor FootFall said there were 2.4 percent more visitors to Britain's...

Glaxo Laid Low after US Stakes UKpound 2.7 Billion Tax Claim.
January 13, 2004... Jan. 13--Drugs giant GlaxoSmithKline has been landed with one of the biggest tax claims of all time after receiving a bill for more than $5 billion (UKpound 2.7 billion) from the US government. Glaxo slammed the US Internal Revenue Service...

Hollinger Chairman Under Pressure to Resign.
January 13, 2004... Byline: Jake Lloyd Smith Jan. 13--Embattled Press baron Lord Black is facing mounting pressure from members of Hollinger International's star-studded board to resign as chairman. Black quit as chief executive of the US newspaper group...

Evening Standard, London, Asian Markets Column.
January 23, 2004... Byline: Jake Lloyd-Smith Jan. 23--Thailand's flamboyant Prime Minister attempted to quell fears about the spread of bird flu three days ago by eating a delicious all-chicken meal in front of the country's media. "It's the best chicken in...

Venture Capitalists' Bid on Way for British Restaurant Group Ask Central Plc.
January 23, 2004... Byline: Jim Armitage Jan. 23--Venture capitalist backers of PizzaExpress and Nando's chicken bars today outlined plans for a UKpound 211 million bid for Ask Central in a move that left chief shareholders the Kaye brothers licking their...

Pharmaceuticals Group Aventis Braces for Hostile Takeover Bid.
January 23, 2004... Jan. 23--Franco-German pharmaceuticals group Aventis was today bracing for a hostile takeover bid worth euro50 billion (UKpound 34 billion) or more from France's Sanofi-Synthelabo. Aventis has reportedly engaged Goldman Sachs and Morgan...

BAE Systems Loses Bid for UKpound 13 Billion Defence Contract.
January 23, 2004... Byline: Robert Lea Jan. 23--BAE Systems' future at the centre of the British defence industry was in doubt today after it emerged that it has lost out on a UKpound 13 billion contract to provide air-to-air refuelling for the Royal Air...

Europe Poised to Ban Thai Chicken after Bird Flu Outbreak.
January 23, 2004... Jan. 23--Thai officials today confirmed at least two human cases of bird flu, making a European-wide ban on imports of chicken from one of the world's top producers a near-certainty, writes Jake Lloyd-Smith. The infectious disease, also a...

Evening Standard, London, Business Briefs Column.
January 23, 2004... Jan. 23--MORGAN HALTS ITS LVMH COVERAGE: Investment bank Morgan Stanley has suspended coverage of LVMH after a Paris court found it guilty of defaming the luxury goods group. Morgan Stanley, which is appealing against the court's decision, said...

Evening Standard, London, Business Insider Column.
January 23, 2004... Jan. 23--FINGER ON THE FIRING BUTTON: Reports of the impending retirement of Sir Mark Weinberg have been exaggerated, he tells me. The grand old man of life assurance is standing down as chairman of St James's Place Capital at the year-end, but...

Former CEO Says British Aerospace's Government Bids Unrealistically Low.
January 23, 2004... Jan. 23--Former British Aerospace boss Sir Raymond Lygo today lifted the lid off decades of chicanery in the art of winning multibillion defence contracts. Admiral Lygo, who was chief executive of BAe during the 1980s, said the defence...

Cable & Wireless Completes Auction of U.S. Holdings.
January 23, 2004... Jan. 23--Cable & Wireless's humiliating retreat from the world's biggest economy has moved a step closer. The telecoms group has wrapped up a two-day auction of its US web-hosting and internet assets, accepting an offer of more than $160...

Profit Warning Issued on British Cakemaker Finsbury Foods.
January 23, 2004... Byline: Jim Armitage Jan. 23--Perhaps Lord Saatchi should have got some advice from his domestic goddess sister-in-law, Nigella Lawson, writes Jim Armitage. Inexperienced temps drafted in for the Christmas rush at his Finsbury Foods...

New Study Says Offshore Call-Centre Industry Will Continue to Grow Rapidly.
January 23, 2004... Jan. 23--The offshore, outsourced call-centre industry will grow rapidly in the next three years as companies strive to cut costs, but domestic operations will remain far more important, a new study says. The conclusion by independent...

CEO of Motor Dealer Company Makes Second Big Takeover Deal.
January 23, 2004... Byline: Robert Lea Jan. 23--Tony Bramall today made UKpound 75 million from the sale of his car business -- the second time in less than two decades he has sold the family firm for more than UKpound 70 million. Motor dealer CD Bramall...

Chinese Banking System in Fragile Condition, Experts Say.
January 23, 2004... Jan. 23--Few areas of China s economy elicit as much concern as its creaky banking system. Detractors and optimists say Beijing will struggle to clean up balance sheets, which have some 2.5 trillion yuan (UKpound 166 billion) in bad loans. ...

China's Spectacular Economic Growth Shows Signs of Wear.
January 23, 2004... Byline: Jake Lloyd-Smith Jan. 23--China is a country that can do no wrong, or so it seems. Beijing, capital of the Asian giant, will host the Olympics in 2008. The Communist government, led by new president Hu Jintao, has just put one of...

Buyout of English Developer Chelsfield Postponed Due to Refinancing.
January 23, 2004... Byline: James Rossiter Jan. 23--A planned UKpound 860 million-plus buyout of White City developer Chelsfield is being held back over a tricky refinancing of its loss-making Global Switch unit. Hopes that Chelsfield chairman Elliott...

Evening Standard, London, Anthony Hilton Column.
January 23, 2004... Byline: Anthony Hilton Jan. 23--It is an article of faith among most businessmen and politicians that the British economy is flexible and market-dominated, unlike the economies of mainland Europe, which remain subject to heavy-handed...

Hollinger's London Journalists Threaten to Strike over Payments to Black.
January 23, 2004... Byline: Richard Thomson Jan. 23--Journalists at the Daily and Sunday Telegraph are threatening to strike in protest over payments made to Conrad Black as he retains US lawyers to fight the claims against him from Hollinger International,...

Floats of Mainland Chinese Companies Inspire Enthusiasm in Hong Kong.
January 23, 2004... Jan. 23--To get a sense of how much excitement China's burgeoning economy is inspiring among some of the world's most avid investors, look at Hong Kong, a traditional commercial gateway to the mainland. While retail punters would agree...

Good Economic News Bolsters Chance of Increase in British Interest Rates.
January 23, 2004... Byline: Jane Padgham Jan. 23--A February increase in interest rates looked all-but inevitable today following official confirmation of a merry Christmas for retailers and a flourishing economic recovery. Rubbishing reports of a...

Jury 'Confusion' over Charges May Help Martha Stewart.
January 23, 2004... Jan. 23--U.S. lifestyle guru Martha Stewart may have received another boost in her fight to clear her name after the judge in her case admitted that many jurors did not understand the charges against her, writes Richard Thomson. Judge...

Mining Companies Reap Rewards as China Demand for Metals Climbs.
January 23, 2004... Byline: Mickey Clark Jan. 23--China's booming economy is driving up the price of commodities, as mining companies around the world work flat out to keep up with demand from Asia's powerhouse. Broker UBS is forecasting that prices of...

British Motor Dealer Pendragon Makes UKpound 230 Million Bid for Rival.
January 23, 2004... Byline: Robert Lea Jan. 23--Pendragon today became Britain's undisputed leading motor dealer after it swooped with a UKpound 230 million, 600 pence-a-share, recommended takeover bid for rival CD Bramall. Tony Bramall , chairman of the...

Shareholder Meeting of British Retailer WH Smith Could Be Stormy.
January 23, 2004... Byline: Robert Lea Jan. 23--The staggering UKpound 2.6 million golden hello for the new boss of beleaguered WH Smith could be voted down in what is expected to be a stormy annual meeting next week. City investors are being told by the...

British Magnate Bounces Back with New Group of Luxury Hotels.
January 25, 2004... Byline: Nicholas Faith Jan. 25--Eight years ago, Sir Rocco Forte appeared to be heading for business oblivion. Within two years of finally being allowed to take charge of the family hotels business by his redoubtable father, the veteran...

Evening Standard, London, Jim Armitage Column.
January 26, 2004... Byline: Jim Armitage Jan. 26--As you read this, are you sipping a cup of Typhoo tea? On your way to Holmes Place to burn off the lunchtime Burger King? Whatever you're doing, the chances are it will involve a famous brand owned by a...

Evening Standard, London, Asian Markets Column.
January 26, 2004... Byline: Jake Lloyd-Smith Jan. 26--JAPAN'S BANKS FEEL PRESSURE AS BIG LENDER DENIES PROBE: Japan's bank stocks were the stars of the Tokyo equity market last year, aided by a recovering economy and a perception that their burden of bad...

National Australia Bank Plugs Foreign-Exchange Gaps, Carries On Counting.
January 26, 2004... Jan. 26--National Australia Bank today said it had found gaps in its internal procedures, and delayed an expected announcement that was due to clarify losses incurred by its currency traders through unauthorised deals, writes Bernard O'Riordan....

Evening Standard, London, Business Briefs Column.
January 26, 2004... Jan. 26--MS AND CITIGROUP 'WIN CHINA BATTLE': Morgan Stanley and Citigroup are expected to be named within days as lead advisers on the $5 billion (UKpound 2.7 billion) listing of China Construction Bank, expected to be among the biggest of the...

Evening Standard, London, Business Insider Column.
January 26, 2004... Jan. 26--NOW BELL CHIMES IN ON GAYDAR: Political circles are a-titter at news that Kevin Bell, managing director of lobbying firm GPC International and one-time contender for the PR job at Tory Central Office, is one of the hot fellows on offer...

Four More Large Companies Sue UK Government over Taxation Amounts.
January 26, 2004... Byline: James Rossiter Jan. 26--The Government is facing one of its biggest ever lawsuits with some of the world's most powerful industrial giants claiming billions back for tax overpayment. Siemens of Germany, Swedish car manufacturer...

Deal Makes English Developer Chelsfield Private Company.
January 26, 2004... Byline: James Rossiter Jan. 26--A UKpound 1.9 billion deal to take White City developer Chelsfield private will make billionaire brothers David and Simon Reuben the biggest owners in the new company after a UKpound 146.4 million...

Evening Standard, London, Anthony Hilton Column.
January 26, 2004... Byline: Anthony Hilton Jan. 26--PAUSE FOR THOUGHT ON PARMALAT: Parmalat, the Italian milk company, seems likely to be forever linked with the words "euro4 billion scandal" -- a rough approximation to the funds that were thought to be in...

Legal & General Says Pension, Life Insurance Sales in UK Are Increasing.
January 26, 2004... Byline: Steve Hawkes Jan. 26--FRESH signs of a better year ahead for the life insurance sector emerged today as Legal & General said UK life and pension sales were gaining momentum. The group, currently fighting claims that it mis-sold...

Royal Bank of Scotland to Lose about UKpound 60 Million on Office Complex.
January 26, 2004... Byline: Adrian Curtis Jan. 26--Royal Bank of Scotland is set to take a UKpound 60 million hit in its bid to sell a central London office complex to a residential developer. According to Property Week the bank paid private investor Zak...

Financial Situation of Italian Foods Group Parmalat Worse Than Expected.
January 26, 2004... Byline: Nick Goodway Jan. 26--Bust Italian foods group Parmalat today revealed that its financial situation is far worse than its ousted previous management claimed. Using an initial report prepared by auditors PricewaterhouseCoopers...

British Monetary Officials Likely to Raise Interest Rates Next Week.
January 26, 2004... Byline: Jane Padgham Jan. 26--Gordon Brown today gave implicit backing to a widely-expected increase in interest rates from the Bank of England next week. The Chancellor, who also warned Government departments that spending would have...

Aventis Target of euro48.5 Billion Takeover Bid by French Company Sanofi.
January 26, 2004... Jan. 26--Glaxosmithkline faces the prospect of relegation to the global number three spot as French pharmaceuticals company Sanofi today launched a euro48.5 billion (UKpound 33.5 billion) hostile takeover bid for rival Aventis. The offer...

Chairman of Oil Company Shell Faces Strong Pressure to Resign.
January 26, 2004... Jan. 26--Pressure on Shell chairman Sir Philip Watts to quit the oil giant mounted today as class action lawyers filed a lawsuit slamming the group's "shocking and unprecedented" reserves downgrade earlier this month. Renowned US law firm...

British Blue-Chips Left in Shade as Lesser Rivals Hog Investor Limelight.
January 26, 2004... Byline: Mickey Clark Jan. 26--Smaller companies were on the agenda again today as City investors looked for bigger returns on their money. Blue-chips were largely ignored as punters looked to their smaller rivals to take up the...

European Companies Caught in U.S. Corporate Reporting Scandals.
January 26, 2004... Byline: Robert Lea Jan. 26--The string of Continental blue-chips recently caught up in corporate reporting rows could be just the beginning of months more of financial embarrassments for leading European companies, accounting experts are...

British Wireless Company Plans UKpound 200 Million Float.
January 26, 2004... Jan. 26--A planned UKpound 200 million-plus float of wireless technology specialist Cambridge Silicon Radio is on course to turn its founding directors into multi-millionaires. Up to 10 senior executives should see their combined stakes...

Ryanair Reverse Shows Aviation Analyst Was Spot On.
January 30, 2004... Byline: Robert Lea Jan. 30--"The emperor falls off his throne" was the way ABN Amro aviation analyst Andrew Lobbenberg greeted this week's shock profit warning from Michael O'Leary, which has seen more than UKpound 1 billion wiped off...

Evening Standard, London, Stock Watch Column.
January 30, 2004... Byline: Malcolm Withers Jan. 30--Ahead of the start of trading in ITV shares on Monday following the merger of Granada and Carlton, analysts at Deutsche Bank, Merrill Lynch and JP Morgan were upgrading debut prospects. The Germans...

Evening Standard, London, Business Briefs Column.
January 30, 2004... Jan. 30--MORGAN TO PAY BANK ONE UKPOUND 1.3 BILLION IF DEAL FALLS: JP Morgan has agreed to pay $2.3 billion (UKpound 1.3 billion) to Bank One Corp if its $58 billion agreed merger does not happen. The break fee represents almost 4 percent of...