M&S investors join forces to beat off takeover

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• Russian bank crisis panics public - The crisis of confidence in Russia's banking sector is spreading, with one top bank imposing a 10% penalty charge on withdrawals to its customers.
• New telephone number for London - New telephone users in London are to be given an 020 3 prefix to meet the increasing demand for new lines.

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• Marks & Spencer struggles to beat hostile takeover - Troubled British retail giant Marks & Spencer will attempt to ward off an aggressive takeover bid by offering shareholders a sizeable cash sweetener package, reports said yesterday.
• Church groups join forces to call for tax reform - HARTFORD, Conn. -- Church groups in Hartford and eastern Connecticut are joining forces to call for changes to the state's tax system, which they say is increasing inequality among public schools.
• Nokia, Intel Join Forces on Symbian Phones - Intel and Nokia will jointlydevelop smart phones that run on the Symbian operating system,the two tech giants said on Tuesday, unveiling their firstmajor cooperative effort in cell phones.

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