Friday, December 19, 2008

News review

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FT.com
 All times are London time: Friday Dec 19 2008

The week in review
Dec 12-18 2008
The most read stories from the past week.


WORLD

1. Chinese flag up anti-pirate fleet

2. Dollar falls sharply in wake of Fed move

3. Manila reports Ebola virus in pigs

4. Fed slashes rates to near zero

5. Detroit reels as $14bn rescue fails

6. Saudis call for record cut in Opec output

7. Inflation stays above target in spite of fall

8. Madoff faces securities fraud charge

9. German bank bail-out has failed, say MPs

10. Chu appointment delights energy campaigners

COMPANIES

1. Madoff fall-out spreads worldwide

2. US bank shares plunge after Dimon warning

3. Goldman Sachs reports $2.12bn loss

4. PartyGaming founder to pay out $300m

5. Supertankers store 50m barrels of oil

6. Citi set to merge two key divisions

7. Apple chief's withdrawal fuels health fears

8. Australian lawyer serves papers via Facebook

9. GM shares plunge in European trade

10. Google takes Chrome browser out of beta

MARKETS

1. Sterling tumbles towards parity with euro

2. Pound creeps closer to parity with euro

3. Crude dips after carmakers' rescue plan stalls

4. Economic uncertainty sends London tumbling

5. Markets tumble as auto bail-out collapses

6. Sons told the grim details of scheme

7. Ultra-low US rates undermine Repo market

8. View of the day: The inevitable decline of sterling

9. Oil nears $50 ahead of OPEC meeting

10. FTSE rises on thin trade
Read more »

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