International Economic Events in April 2000

U.S. Justice Department asks Federal Court to split Microsoft into two independent companies - an applications company and an operating systems company.

London Stock Exchange and Frankfurt Stock Exchange decide to merge to create a European mega-bourse; will also tie up with NASDAQ.

For a symbolic sun of Pounds 10, BWM sells its money-losing Rover subsidiary to Phoenix consortium of Britain; also offers $ 677 million loan to enable the consortium to take over the company.