In today's FT

View an online version of this email here.  All times are London time: Wednesday Jan 21 2009 Financial Times - UK Homepage Obama: We must change with the world Jan 21 2009 00:15 President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world Read more » Stricken UK banks shunned by overseas lenders Jan 20 2009 23:47 Funding difficulties for UK ­companies are being made worse by a sharp reduction in lending to British banks by overseas institutions Read more » Bank of England to buy up corporate bonds Jan 20 2009 20:27 The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession Read more » Financial Times - US homepage Obama: We must change with the world Jan 21 2009 00:15 President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world Read more » Banking rout raises new fears on Wall St Jan 20 2009 23:10 The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs Read more » Stringer battles Sony 'old guard' Jan 20 2009 23:40 Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs Read more » Financial Times - Europe homepage Obama: We must change with the world Jan 21 2009 00:15 President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world Read more » Banking rout raises new fears on Wall St Jan 20 2009 23:10 The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs Read more » EU urges banks on extra reserves for loans Jan 20 2009 17:00 Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis Read more » Financial Times - Asia homepage Obama: We must change with the world Jan 21 2009 00:15 President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world Read more » Stringer battles Sony 'old guard' Jan 20 2009 23:40 Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs Read more » BHP Billiton to axe 6,000 jobs Jan 21 2009 00:04 The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia Read more » FT.com - World Obama: We must change with the world Jan 21 2009 00:15 President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world Read more » Bank of England to buy up corporate bonds Jan 20 2009 20:27 The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession Read more » Ban tells Israel to open Gaza Strip borders Jan 20 2009 17:58 United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing Read more » Singapore says recession deeper than expected Jan 21 2009 03:11 Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken Read more » WTO to rule on US import duties Jan 20 2009 20:39 The World Trade Organisation has agreed to rule on a dispute launched by China over US curbs on imports of steel pipes, tyres and woven sacks Read more » FT.com - Companies BHP Billiton to axe 6,000 jobs Jan 21 2009 00:04 The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia Read more » Stringer battles Sony 'old guard' Jan 20 2009 23:40 Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs Read more » IBM upbeat on 2009 profits forecast Jan 21 2009 01:03 The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets Read more » Google fails to export ad success to print Jan 20 2009 23:33 Google's efforts to export its advertising success to the newspaper industry have ended in failure with the closure of its Google Print Ads service Read more » Mexican tycoon bails out New York Times Jan 20 2009 05:06 Carlos Slim Helu, the second richest man in the world, threw a $250m lifeline to the New York Times but extracted a steep interest rate for easing the group's impending financing pressures Read more » FT.com - Financial Markets News Overview: No 'Obama bounce' for global equities Jan 20 2009 19:17 Banking stocks came under further intense pressure as a much-hoped-for positive effect on global equity markets failed to materialise Read more » US banks push financials to 14-year low Jan 20 2009 21:45 More spectacular declines in US bank shares pushed the financial sector to its lowest level since 1995 during what was easily Wall Street's worst ever inauguration day sell-of Read more » Asian shares fall on banking worries Jan 21 2009 04:12 Continued signs of trouble in the financial sector and worrisome economic data sent Asian shares to their lowest in more than six weeks, bolstering the dollar and other assets that shine in uncertain times Read more » LSE falls 10% on competition fears Jan 20 2009 21:41 London Stock Exchange ends 9.8% lower ahead of its trading statement on Thursday as broader market's dismal run continues Read more » UK debt fears fuel plunge in sterling Jan 20 2009 19:46 Sterling plunged to a seven-and-a-half-year low against the dollar on Tuesday, as investors fled the currency amid concerns over UK government debt and the dire state of the banking sector Read more » FT.com - Comment and analysis Why Obama must mend a sick world economy Jan 20 2009 20:38 One idea the new US president should propose is a high-level committee to recommend a radical restructuring of global institutions, writes Martin Wolf. This would aim to lower the risk of emerging market crises like those that preceded the bubbles in advanced countries Read more » Five lessons in global diplomacy Jan 20 2009 19:24 The accumulation of rules and institutions is what civilisation is built on. Agreed rules make states secure and people free, writes Javier Solana Read more » Let us have public ownership of Lloyds and RBS Jan 20 2009 16:30 The least worst course is to accept nationalisation and then restore both to the private sector as soon as possible, write John McFall and Jon Moulton Read more » We have to bring the banking sector back to life Jan 20 2009 19:32 It is too late to stop banks becoming utilities but we can begin work on their reinvigoration under more effective regulation, writes Mohamed El-Erian Read more » Wind down the market in five-legged dogs Jan 20 2009 19:20 There was never an economic rationale for structured products on the scale on which they were created, writes John Kay Read more » FT.com - Business Life The ride of a lifetime Jan 20 2009 22:48 During the 1990s recession, Jonathan Palmer set up a motor sports group. Now he is ready to take his biggest gamble yet Read more » Hungry start-ups on a drastic diet Jan 20 2009 22:48 Frugality and lean thinking are becoming highly prized among tech companies Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.