 | All times are London time: Monday Mar 23 2009 | Financial Times - US homepage MidEast fund takes 9% stake in Daimler Mar 22 2009 23:50 German carmaker Daimler said on Sunday it was increasing its share capital by 10 per cent to allow Abu Dhabi's Aabar Investments to become a major investor in the company. Read more » Toxic assets plan is big White House test Mar 22 2009 23:35 The Obama administration faces its latest moment of truth when Tim Geithner unveils much awaited plans to take hundreds of billions of toxic assets off banks' balance sheets Read more » Banker says nationality cost him job Mar 22 2009 22:25 A City banker is suing one of Canada's biggest financial institutions for making him redundant, allegedly because he is not Canadian, in one of the more unusual cases to emerge from the credit crunch Read more » Financial Times - Asia homepage MidEast fund takes 9% stake in Daimler Mar 22 2009 23:50 German carmaker Daimler said on Sunday it was increasing its share capital by 10 per cent to allow Abu Dhabi's Aabar Investments to become a major investor in the company. Read more » Indian cricket board to stage IPL abroad Mar 22 2009 16:33 India suffered a massive blow to its image and pride when its cricket authorities said security concerns had forced them to hold the lucrative India Premier League outside the country Read more » Qantas set to axe more jobs Mar 22 2009 22:11 Qantas is to publish a restructuring plan that includes a second wave of redundancies after an examination of the Australian airline's business Read more » FT.com - Financial Markets News UK jobs outlook worsens Mar 22 2009 15:11 British consumers have been belt-tightening while unemployment soars Read more » FT.com - Comment and analysis Strike faster on death-wish finance Mar 22 2009 18:47 AIG's business model, which involved insuring risks taken by other financial groups on an insupportable scale, had moral hazard written all over its transactions. Intervene early or risk having to choose between Lehman and its consequences in 2008 and AIG and its consequences in 2009, says Clive Crook Read more » Peripheral care should be the central concern Mar 22 2009 18:21 Institutions such as the IMF face a novel task: to protect the periphery countries from an economic storm created in the developed world, writes George Soros Read more » Europe needs a better plan for its banks Mar 22 2009 18:08 As European leaders focus on tax havens and hedge funds, it is hard to detect a sense of urgency in dealing with the wider crisis, writes Wolfgang Münchau Read more » Revival requires a broad spread of demand Mar 22 2009 18:25 A relatively quick economic recovery is possible. If politics allow four things to be accomplished in time to avoid a catastrophe then growth may resume some time in 2010, writes Kemal Dervis Read more » | |
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