Tag Archives: business

Stiff Cheddar

A giant mountain of maturing cheddar cheese is to be used as security for a pension fund. Twenty million kilos of Cathedral City cheddar will now back up pension funds of workers at Dairy Crest, one of the UK’s biggest cheesemakers. Some 20,000 pallets of the cheese, nearly half the company’s total stock, have been […]

The Car in Front is a Beetle

Volkswagen says it has agreed a deal to buy the remaining 50.1% stake in Porsche it doesn’t already own by the start of next month. VW will pay 4.46bn euros ($5.6bn; £3.6bn) plus one VW common share to acquire the stake. The two firms had agreed in 2009 to merge by the end of 2011, […]