Spinning the Money Markets

In a two-part series on Australian corporate PR, an investment banker explained that investor relations campaigns are carefully planned. "At morning conference calls, there's always a lot of talk on which journalist is a softer touch and who will be more favourably disposed and who has particular relationships with the other side," an investment banker said. The spokesman for one large corporation explained that they used external PR consultants for "media management of senior commentators.

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Solid SLAPP Misses Target

An application by a New Zealand government-owned coal mining company, Solid Energy, for $NZ379,342 in witness costs and legal expenses against two environmental groups has been dismissed. Forest and Bird and the Buller Conservation Group (BCG) had argued before the Environment Court against approval for a new open-cut coal mine. While the Court approved the project, it dismissed the company's costs claim.

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Clarke Under Pressure to Quit British American Tobacco

Kenneth Clarke, a British Conservative Party leadership aspirant, is resisting calls to resign as non-executive deputy chairman of British American Tobacco (BAT) and chair of its Corporate Social Responsibility (CSR) Committee. Clarke's supporters have suggested he would resign the roles only if elected leader.

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