Portugal’s minority government and main opposition party have reached an agreement that will ensure the approval of a tough austerity budget, easing concern over a potential sovereign debt crisis View full post on Financial Times – UK Homepage
Archive for October, 2010
China and Japan hold informal talks
The leaders of China and Japan held brief, informal talks on the sidelines of a regional forum in Vietnam on Saturday morning, a day after Chinese officials cancelled plans for a full summit meeting View full post on Financial Times – UK Homepage
Trichet warns on bail-out system dangers
The ECB chief has told European leaders that a system they are designing for future Greece-style rescues could inadvertently drive up short-term borrowing costs, imperilling struggling eurozone debtor nations View full post on Financial Times – UK Homepage
Traders cautious ahead of coming risk events
Asian stock markets are lower amid rising concerns about corporate earnings outlooks while the stronger yen once again weighs on Japanese exporters View full post on Financial Times – UK Homepage
Fade-out nears for video stores
It’s a story with a sad ending for the neighborhood rental outlet: Consumers prefer to get their movies online, at store kiosks or on demand from cable companies. View full post on MSN Money Latest Articles
BP and Halliburton face bigger claims
BP and Halliburton are at greater risk of a substantial pay-out over the Gulf of Mexico oil spill after a US investigation claimed they knew cement used to seal the well was probably unstable, legal experts said View full post on Financial Times – UK Homepage
Obama warns of ‘credible terrorist threat’
President Barack Obama said the US faced a new “credible terrorist threat” from al-Qaeda’s affiliate in Yemen, as he confirmed that intercepted cargo originating from the country contained explosives and had been heading towards synagogues in Chicago View full post on Financial Times – UK Homepage
Most schools to have budget cut
Two-thirds of English state schools will have their day-to-day budgets cut in this parliament, in spite of government claims to have protected resources for education View full post on Financial Times – UK Homepage
Dispute scuppers China-Japan summit
China has accused Japan of ‘violating Chinese sovereignty and territorial integrity’, reopening a row over disputed islands in the East China Sea View full post on Financial Times – UK Homepage
Inflation-spooked investors run for cover
Some investors are so scared of rising prices that they’ve gobbled up inflation-protected Treasurys at a loss just for safety. That bodes well for high-yield stocks. View full post on MSN Money Latest Articles