Friday, May 22, 2009

News review

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FT.com
 All times are London time: Friday May 22 2009

The week in review
May 15 - 21 2009
The most read stories from the past week.

WORLD

1. Brazil and China eye plan to axe dollar

2. California voters strike down tax measures

3. Australia in race for biggest solar plant

4. S&P warns UK over high debt level

5. India poll triumph is mandate for change

6. Revival hopes push down dollar

7. Martin resigns as Commons speaker

8. Tokyo divines hope in record output decline

9. Sri Lanka confirms Tamil leader dead

10. Sting operation foils New York terror plot

COMPANIES

1. Funds move to halt Chrysler restructuring

2. Google drops idea to buy newspaper

3. UK looks towards sale of bank stakes

4. BofA seeks to repay $45bn by end of year

5. Investors rebel over Shell executive pay

6. Smaller US banks need additional $24bn

7. Lehman seeks probe into sale to Barclays

8. Dimon rails against foreign worker rules

9. Siemens chief sees surge from Germany

10. Opel to receive €1.5bn in bridge loans

MARKETS

1. Dollar and yen suffer as optimism returns

2. Fed forecast sours Wall Street mood

3. Miners dragged lower on iron ore price fears

4. Indian markets surge on Congress victory

5. Icap falls sharply as chief cuts stake

6. US stocks rally on retail hopes

7. Wall Street slumps on economic fears

8. Praise for HSBC dislodges writedown concerns

9. Pound fights back from early weakness

10. Private GM bondholders face large losses
Read more »

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