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In brief...: Thales UK's 120th year

Thales Uk commemorated its 120th anniversary in Scotland with a celebratory event for the 550 employees at its Lin thouse facility in Glasgow.

First established in Scotland in 1888 when Professor Archibald Barr, of the University of Glasgow, and Dr William Stroud, from Yorkshire College (now Leeds University), set up Barr & Stroud Ltd to make optical range-finders for the British Army, the company has gone on to become aworld centre of excellence for electro-optical systems and equipment.

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THE row between BP and their Russian partners in joint-venture TNK-BP appeared to have been resolved yesterday Both parties have agreed Robert Dudley, the BP-appointed chief executive, will be replaced with a Russian speaking executive by the end of the year. Read