Friday, January 30, 2009

News review

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FT.com
 All times are London time: Friday Jan 30 2009

The week in review
January 23-29
The most read stories from the past week.

WORLD

1. Obama urges Israel to open Gaza borders

2. Gloom deepens as 76,000 global jobs go

3. Treasury pushes Citi to cancel jet order

4. Hopes dashed for swift UK recovery

5. Economic pain to be 'worst for 60 years'

6. Wen and Putin lecture western leaders

7. Obama vows to listen to Muslims

8. US says China 'manipulating' the Renminbi

9. Financial crisis topples Iceland government

10. New look UK economy to emerge from gloom

COMPANIES

1. BofA bonus deferral anger

2. Barclays warns of £8bn credit writedown

3. Paulson reaps £270m 'shorting' RBS

4. Thain ousted at Merrill Lynch

5. Starbucks to cut 6,700 jobs amid falling sales

6. Santander makes offer to Madoff victims

7. ING seeks state aid as losses soar

8. Pfizer nears purchase of Wyeth

9. Boeing hit by first big cancelled 787 order

10. Caterpillar to cut 20,000 jobs as orders fall

MARKETS

1. Gold pushes above $900 in buying spree

2. Soros closes sterling shorts

3. FTSE rallies as Lloyds leads banks

4. Sterling plunges to record lows

5. Data gloom hits markets

6. Consolidation talk warms LSE but miners feel cold

7. Hedge funds offer to price in gold

8. Bank rally helps FTSE rebound

9. Barratt tumbles on the FTSE on fears of equity issuer

10. Barclays' open letter boosts sterling
Read more »

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