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Thursday, May 28, 2009
In today's FT: GM board meeting to finalise bankruptcy, Insight: Re...
Microsoft and Google took direct aim at each other's core businesses as they showed off ambitious new services that represent some of their biggest internet development efforts http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/YSAB8/PJ/h
Senior lawmakers weighed into the turf war on regulation, expressing scepticism over an idea for a single banking watchdog but supporting a careful overhaul of the discredited system http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/BGQ59/PJ/h
The disagreement between the Obama administration and Israel over the expansion of Israeli settlements deepened after the Israeli government brushed away American insistence that there should be no exception to its demand for a freeze http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/9HIZH/PJ/h
Four bombs exploded at separate locations in Pakistan's north-west on Thursday shortly after the Taliban warned that they were beginning a broader bombing campaign in retaliation for the army's offensive in Swat http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/KZUE2/PJ/h
Robert Gates, US defence secretary, said North Korea was not making extraordinary military moves despite its belligerent rhetoric following international condemnation of its recent nuclear test http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/KZUEX/PJ/h
The oil producers' cartel left production levels unchanged, reckoning that higher oil demand as the global economy recovers will push prices towards its $75-$80 target by the end of the year http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/UI011/PJ/h
Eurozone recovery prospects appeared to have gained momentum this month with a closely watched survey showing optimism rising again and Germany reporting only a slight rise in unemployment http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/I23I3/PJ/h
Diplomats at the United Nations hope to start drafting a resolution on North Korea this weekend that might for the first time name individuals in Kim Jong-il's regime as targets of sanctions http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/EOJWA/PJ/h
The Roman Catholic Church in Ireland may have to disclose the profits it made during the country's recent property boom in order to pay additional compensation to the victims of child abuse. http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/TYOU1/PJ/h
Fiat will name chief executive Sergio Marchionne, Alfredo Altavilla, its head of business development, and Lucio Noto, former vice-chairman of ExxonMobil to the board of a new Chrysler, Mr Altavilla said in court testimony late Wednesday http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/SD63E/PJ/h
Shares in British banks fell after it emerged that the worst-case economic scenarios used to test the capital strength of banks have been less severe than assumed in financial markets http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/QXGFJ/PJ/h
The private equity and hedge fund company is nearing an agreement where it will inject $800m in fresh capital into First Southern, a Florida bank that has less than $400m in assets http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/2N561/PJ/h
Concerns among credit investors that ratings downgrades might thwart US government efforts to revive the markets that help fund office blocks, shopping centres and other commercial real estate http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/5UXVD/PJ/h
The world's second largest spirits group had investors clamouring to buy its bonds in spite of its junk rating – an encouraging sign of an improvement in market sentiment http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/7LDA2/PJ/h
At a time when Obama is on a mission to improve America's battered image in the Muslim world it would be a mistake to punish voters for their choice. Indeed, if Hizbollah wins it will be forced to confront its own contradictions, writes Roula Khalaf http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/WQVLD/PJ/h
As Keynes and others have observed, workers accept more readily a real wage cut arising from a rise in the general level of prices than an actual reduction in what they are paid, writes Sa muel Brittan http://link.ft.com/r/73UJGG/G0LAS/BWNJB/633T1/HVNYT/PJ/h
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