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Wall Street Journal:
The currency market digests data showing surprisingly strong business sentiment in Germany while awaiting a revised figure on gross domestic product in the U.S. economy for the third quarter.
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USATODAY.com Money - Top Stories:
The economy grew at a 2.8% annual rate in 3rd quarter, slower than first estimated, the government said Tuesday. (Read More)
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Mashable!:
Shira Lazar is the co-host of Yahoo! TV’s recently launched “What’s So Funny?“, a daily 3-minute show that takes a look at the funniest moments from last night’s TV lineup and lets viewers vote on their favorites.The convergence between the small and even smaller screen continues, as some of our favorite TV shows find new w (Read More)
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The Guardian:
The super-successful business specialist is in an expansionist mood with the relaunch of Bloomberg TVWall Street brokers may get it, striped shirted London traders might understand it, but for the rest of us it might as well all be in Swahili. For most people, Bloomberg is associated with specialised business and finance ne (Read More)
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guardian.co.uk Society:
Development agencies cannot hope to bring about lasting change in the communities in which they work. They can only provide short-term relief, argues Karen TreasureBoreholes and basic health or education services do not and cannot represent "development" even in the most expanded interpretation of what development is. They (Read More)
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The Guardian:
Durex maker SSL International is one of the top risers on a lower FTSE 250 this morning after its results showed unexpectedly big returns from its new Russian business and it flagged up a boost from changing attitudes to sex around the world.The company behind Scholl footcare products and Durex's range of condoms and more, (Read More)
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The Guardian:
Informa shares are down sharply this morning after the media company confirmed it is in talks to buy private-equity held Springer Science and Business.Candover and Cinven have been looking to offload the German academic publisher or at least part of it, initially giving the debt-ridden business a valuation of around €1bn (£ (Read More)
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The Guardian:
What is Lloyds doing?This morning, Lloyds Banking Group announced the formal pricing of its rights issue. It is asking its shareholders – including its army of 2.8 million private investors – to buy 1.34 new shares for each one they already own, at a price of 37p each. This will bring in £13.5bn – more than any company has (Read More)
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The Guardian:
Japanese bank had long-running issues with pricing products in its equities derivatives armJapanese bank Nomura has been fined £1.75m by the Financial Services Authority for failing to monitor its fast-growing international equities division properly.The bank, which bought some UK divisions of Lehman Brothers last year, wa (Read More)
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The Guardian:
Former FSA chairman Callum McCarthy has landed a job with a private equity firm specialising in buying struggling banksThe architects of the banking crisis have been remarkably creative at building themselves new homes. Andy Hornby (remember HBOS?) has turned up selling painkillers at Boots. Merrill Lynch boss Bob Wigley ha (Read More)
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The Guardian:
President declares state of emergency in two southern provinces after massacre of more than 30 peopleThe Philippine president today declared a state of emergency in two southern provinces after the bloodiest election-related violence in recent years claimed more than 30 lives.Under the measures Gloria Macapagal-Arroyo has (Read More)
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The Guardian:
Off-duty police officers join picket lines protesting against expected pay and service cuts in forthcoming budgetMore than a quarter of a million public servants, including police officers, staged a general strike in Ireland today to protest against forthcoming cuts in jobs and services.For the first time, off-duty members (Read More)
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guardian.co.uk Technology:
In cosying up to Google's main competitor, Bing, Rupert Murdoch proves once again that he can't be dismissed so easilyRupert Murdoch may not know much about the internet. But he knows more about how to make money than anyone else in the media business.So when he began prattling on about erecting pay walls around his website (Read More)
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