 | All times are London time: Wednesday Apr 08 2009 | Financial Times - UK Homepage Aon UK cuts pension payments Apr 07 2009 23:33 The British arm of the insurance broker is cutting contributions to its workers' pensions by up to half Read more » Pernod set to unveil €1bn rights issue Apr 07 2009 22:02 Pernod Ricard is expected to announce a €1bn ($753m) rights issue and a $575m deal to sell its Wild Turkey bourbon brand Read more » Obama makes surprise visit to Iraq Apr 07 2009 16:04 President Barack Obama made a surprise stopover in Iraq diverting the scheduled trip home to Washington on Air Force One for an unexpected visit to US troops in Camp Victory near Baghdad Read more » Financial Times - US homepage US moves on Iran nuclear trade Apr 07 2009 19:17 New York prosecutors joined the Obama administration to shut down a Chinese-based network that allegedly supplied Iran's nuclear and missile programmes with the unwitting aid of some of Wall Street's biggest banks Read more » Investment losses hit public sector pensions Apr 07 2009 19:59 The crisis facing pension plans for US state and municipal employees is deepening as investment losses deplete the resources of retirement funds for teachers, police officers, firefighters and other local government workers Read more » Four bidders set to contest auction of troubled Satyam Apr 07 2009 22:37 Billionaire investor Wilbur Ross is one of four bidders expected to contest an auction for the scandal-tainted outsourcing group Read more » Financial Times - Europe homepage Ireland unveils emergency budget Apr 07 2009 23:40 Ireland's finance minister on Tuesday warned that the country faced "the challenge of [its] life", as he slapped higher taxes on the middle classes in an emergency budget to tackle the economic crisis Read more » Pernod set to unveil €1bn rights issue Apr 07 2009 22:02 Pernod Ricard is expected to announce a €1bn ($753m) rights issue and a $575m deal to sell its Wild Turkey bourbon brand Read more » RBS to cut up to 9,000 jobs across globe Apr 07 2009 22:26 Royal Bank of Scotland is to cut up to 9,000 jobs globally in areas such as technology and call centres, in what is the biggest single job cull at a bank this year Read more » Financial Times - Asia homepage US moves on Iran nuclear trade Apr 07 2009 19:17 New York prosecutors joined the Obama administration to shut down a Chinese-based network that allegedly supplied Iran's nuclear and missile programmes with the unwitting aid of some of Wall Street's biggest banks Read more » Investment losses hit public sector pensions Apr 07 2009 19:59 The crisis facing pension plans for US state and municipal employees is deepening as investment losses deplete the resources of retirement funds for teachers, police officers, firefighters and other local government workers Read more » Four bidders set to contest auction of troubled Satyam Apr 07 2009 22:37 Billionaire investor Wilbur Ross is one of four bidders expected to contest an auction for the scandal-tainted outsourcing group Read more » FT.com - World US moves on Iran nuclear trade Apr 07 2009 19:17 New York prosecutors joined the Obama administration to shut down a Chinese-based network that allegedly supplied Iran's nuclear and missile programmes with the unwitting aid of some of Wall Street's biggest banks Read more » Ireland unveils emergency budget Apr 07 2009 23:40 Ireland's finance minister on Tuesday warned that the country faced "the challenge of [its] life", as he slapped higher taxes on the middle classes in an emergency budget to tackle the economic crisis Read more » Obama makes surprise visit to Iraq Apr 07 2009 16:04 President Barack Obama made a surprise stopover in Iraq diverting the scheduled trip home to Washington on Air Force One for an unexpected visit to US troops in Camp Victory near Baghdad Read more » Security costs for India poll soar 50% Apr 07 2009 22:56 Rising security expenses amid fears of a terror strike mean this month's parliamentary election will cost India over 50 per cent more than the last such poll in 2004 Read more » Take green path, US business warned Apr 07 2009 23:33 Companies must not sink money into high-carbon infrastructure unless they are willing to lose their investments within a few years, the US lead negotiator on climate change has warned Read more » FT.com - Companies Aon UK cuts pension payments Apr 07 2009 23:33 The British arm of the insurance broker is cutting contributions to its workers' pensions by up to half in a move likely to be followed by other companies seeking to control costs Read more » Four bidders set to contest auction of troubled Satyam Apr 07 2009 22:37 Billionaire investor Wilbur Ross is one of four bidders expected to contest an auction for the scandal-tainted outsourcing group Read more » AIG aircraft unit seeks $5bn Fed credit line Apr 07 2009 23:52 AIG's aircraft-leasing unit is in talks over a $5bn credit line from the Federal Reserve that could be used to facilitate its sale – an unusual move that would raise the stakes in the US government's bail-out of the stricken insurer Read more » Segway and GM launch Puma joint venture Apr 07 2009 20:33 The US carmaker and Segway have unveiled a tiny electric car designed to drive on its own and avoid collisions. Read more » Google urges newspapers to use technology Apr 08 2009 02:15 The comments by Eric Schmidt, chief executive, mark the company's latest attempt to reassure news organisations that it can help them online rather than contribute to the collapse of advertising revenues Read more » FT.com - Financial Markets News Overview: Gloomy cocktail triggers risk-aversion Apr 07 2009 22:28 Equity markets retreat on concerns over US profits, grim eurozone data and renewed worries about the global banking sector Read more » Shipping hard hit by collapse in global trade Apr 07 2009 22:57 Shipping markets have been hit hard by the collapse in global trade flows and the slump in the availability of trade finance as the Baltic Dry index fell for the 20th consecutive session Read more » Dollar gains as investors avoid risk Apr 07 2009 23:16 Renewed concerns over the financial sector stemmed the recent rise in investor risk appetite and helped to boost haven demand for the US currency Read more » Derivatives sector answers critics Apr 07 2009 23:02 The financial industry will overhaul how it writes contracts in the credit derivatives world to try to rebuff criticism that the sector could pose a systemic threat. Read more » Clearing price war starts with fee cuts Apr 07 2009 19:49 Moves by EMCF and Euro CCp demonstrate how weak equity markets and intense competition are forcing costs down Read more » FT.com - Comment and analysis What the G2 must discuss now the G20 is over Apr 07 2009 19:57 Given the scale of the world's macroeconomic imbalances, it is far from obvious that higher regulatory standards alone would have saved the world. This is not just a matter of historical interest. It is also relevant to the sustainability of the recovery, writes Martin Wolf Read more » For America, the problem is Pakistan Apr 07 2009 20:11 The truth is that a large majority of ordinary Pakistanis are bitterly opposed to their country helping the US, especially if this involves the Pakistani army fighting the Taliban, writes Anatol Lieven Read more » Ten principles for a Black Swan-proof world Apr 07 2009 20:02 We need to return to a world in which entrepreneurs, not bankers, take the risks and companies are born and die every day without making the news, writes Nassim Nicholas Taleb Read more » Do not depend on Otherland to apply the rules Apr 07 2009 20:14 The best answer would be more Europe – a pan-European regulator and a single Europe-wide scheme for protecting depositors. But this will not happen. If there cannot be more Europe, there should be less, writes John Kay Read more » FT.com - Business Life Engineer makes big noise Apr 07 2009 22:21 Responsible for much of India's distinctive road noise is Roots Industries, a small private company that is also the country's biggest hornmaker Read more » Tyre seller pursues latest spin-off Apr 07 2009 22:21 Blackcircles, the online tyre-selling business, is about to expand into a new sector, offering motorists cheaper servicing of their vehicles. Read more » Reinvention of the self-help book Apr 07 2009 22:21 The widening effects of financial crisis and recession have reached another economic bellwether: the market for self-help management books Read more » | |
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