Tata Group on Wednesday accused the management of a US-listed luxury hotel group of a "fossilised frame of mind" for suggesting the Indian group's hotel chain would be an unsuitable strategic partner, and has demanded a public apology.
Queen's Park Rangers, the Championship football club co-owned by two of the billionaires behind F1, on Thursday welcomed one of the world's richest men into its fold when Lakshmi Mittal bought a 20 per cent stake, writes Roger Blitz.
Just as Thomas Cook and Tui Travel emerge with upbeat trading statements after months of complex merger deliberations, in flies Expedia, their US nemesis, to announce that it plans an assault on their home turf.
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