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  • Breaking news

Principal content

UK battles Europe’s largest birdflu outbreak

The UK authorities are killing tens of thousands of turkeys in an effort to contain Europe’s largest outbreak of H5N1 bird flu on a commercial poultry farm, establishing a biosecurity zone around the farm in Suffolk as a precaution against the deadly virus spreading.

China launches first navigation satellite

Aims to rival US’s GPS and EU’s Galielo

Mars to end adverts for under-12 set

Prompted by fears over obesity link

Related content and features

Total sets its sights on nuclear energy

French group seeks alternatives to gas

Records expected at London art sales

$787m is expected to change hands

Credit Suisse poised to switch to BT

Attempt to cut voice and data costs

Investors ‘short-changed’ in buy-outs

Private equity executives on the defensive

BBVA to expand further in the US

Banking group builds on Texas foothold

Zucker to take helm at NBC Universal

Succeeds Bob Wright as chief executive

Lex

Private equity

Are shareholders getting short-changed by private equity? Sometimes, yes. Financial bidders have been crafty at tying up deals without competition.

JOHN PLENDER

Private equity in a belated trip to the supermarket

John Plender

Had a bid for Sainsbury’s come earlier, bidders would have faced a lower share price and the prospect of a bigger pay-off.

MARKET PREVIEW

UK homeowners anxiously await BoE rates decision

Stock market

Back-to-back rate increases are rare, but this week’s data releases will illustrate why the risks of further monetary tightening are rising.

Analysis

Decline sets in at the conglomerate

General Electric

After half a century in vogue, diversified business groups are increasingly seen as redundant and perhaps less than the sum of their parts – though some may still have a role.

Comment

The era of benign neglect may soon be over

Wolfgang Munchau

This may well be the year the contours of a European exchange rate policy, conducted jointly by the euro group and the ECB, emerge, writes Wolfgang Munchau.

Editorial comment

Inquiry into cash-for-honours is being devalued

Tony Blair

This is a legitimate investigation; the publicity attending it is not. The police appear to be moving the goalposts – whether they are ready to put up, it is time for them to shut up.


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View from the Top

Bob Iger

Bob Iger, chief executive of Walt Disney, talks about the rise of user-generated content

Fourth column content

Exclusive to FT.com

Inside nuclear Iran

Uranium found in Iran

The FT’s Iran correspondent Gareth Smyth on a rare trip to an Iranian nuclear site

US policy in the Middle East

Zbigniew Brzezinski

Q&A: Zbigniew Brzezinski answers your questions

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