Tuesday, 2 October 2012

 
 
Latest Headlines:



Spain ready for bailout, Germany signals "wait"

MADRID - Spain is ready to request a euro zone bailout for its public finances as early as next weekend but Germany has signalled that it should hold off, European officials say. Full Article

Economy slows as firms' hiring, investment plans ease - survey 3:27am BST

LONDON - Britain's economy has lost momentum over the past few months, with firms scaling back investment and hiring plans, business lobby BCC said on Tuesday, in another sign that a meaningful economic recovery remains elusive.


In-fighting raises fears over Volvo Car recovery

BEIJING - A boardroom-level conflict at Sweden-based luxury auto firm Volvo Car Corp is infecting some day-to-day decisions and threatens to hamper its Chinese owner's efforts to turn the business around, sources close to the company say. Full Article
JPMorgan Chase & Co's international headquarters are seen on Park Avenue in New York July 13, 2012.  REUTERS/Andrew Burton

JPMorgan sued over Bear Stearns securities

NEW YORK - New York Attorney General Eric Schneiderman files a civil fraud lawsuit against JPMorgan Chase over mortgage-backed securities packaged and sold by Bear Stearns. Full Article
People walk and jog past the Bank of England, London June 15, 2012. Reuters/Paul Hackett

Bank to hold fire as economy shows signs of life

The Bank of England is expected to hold off on an extension of its government bond buying programme for at least another month and officials' comments, if not economic data, have cast the first doubts on them doing so in November. Full Article
A Facebook application logo is pictured on a mobile phone in this photo illustration taken in Lavigny May 16, 2012. REUTERS/Valentin Flauraud

Facebook's pitch to advertisers: forget clicks

SAN FRANCISCO - Facebook, stung by doubts that advertising on the social network delivers enough bang for the buck, is preparing to unveil data to counter its critics and show that "clicks," the current metric of choice, tell only half the story. Full Article
A sailor looks at propaganda material of Truong Sa or Spratly islands at an exhibition as part of the 50th anniversary celebrations of the establishment of the 125 Naval Transport Brigade, also known as the No Number Naval Ships, in Vietnam's northern port city of Hai Phong October 21, 2011. REUTERS/Kham

Resources put maritime disputes back on map

WASHINGTON - From the melting and resource-rich Arctic to the eastern Mediterranean, the South Atlantic to the East China Sea, legal wrangling, diplomatic posturing and military saber rattling are all on the rise as powerful nations battle for vital resources. Full Article
Author Salman Rushdie poses for a photograph after an interview with Reuters in central London, September 28, 2012. Rushdie, best known for his Booker Prize-winning 1981 novel "Midnight's Children", has written a 633-page account of his time under police protection in Britain, telling in detail what it was like to live in the eye of a storm. REUTERS/Paul Hackett

Rushdie says writers losing influence in West

Salman Rushdie believes literature has lost much of its influence in the West, and movie stars like George Clooney and Angelina Jolie have taken the place of Susan Sontag and Norman Mailer when it comes to addressing the big issues. Full Article



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