News review

View an online version of this email here.  All times are London time: Friday May 01 2009 The week in review April 24 - 30 2009 The most read stories from the past week. WORLD 1. China reveals big rise in gold reserves 2. Fed study puts ideal US interest rate at -5% 3. Obama says Pakistan nukes in safe hands 4. WHO warns of 'imminent' flu pandemic 5. Hedge fund managers warn on EU plans 6. Fed will seek bank capital increase 7. Hopes of UK housing recovery set back 8. US economy shrinks at rate of 6.1% 9. US banks told to elevate capital buffers 10. BoJ revises down growth forecast COMPANIES 1. US to take majority GM stake 2. Citigroup scrambles to raise capital 3. Time Warner forced to absorb film costs 4. UBS head of investment banking quits 5. Chrysler files for Chapter 11 protection 6. Deutsche Bank back in black 7. UK banks face higher capital ratios 8. BofA 'threatened' over Merrill deal 9. Fortis rebels fail to derail meeting 10. AIG acts to avoid default risk MARKETS 1. Money market rates continue to fall 2. Governments step up pig flu response 3. US stocks rally on renewed bank confidence 4. Chrysler failure sparks rally for Ford and GM 5. Footsie at highest since February 6. High-yield bonds feel thaw 7. Borrowing costs hit fresh low 8. Wall Street fluctuates on swine flu concerns 9. Rising bond yields present fresh Fed challenge 10. Ask the expert: Oil - beginnings of a new bubble? 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.