The quandary for Colonel Zanpou is one of many facing an enclave of insurgents whom some western powers see as the best hope for ousting Gaddafi View full post on Financial Times – UK Homepage
Murdoch investors take fright
The News Corp chairman has described alleged phone-hacking at one of his British tabloid newspapers as ‘deplorable and unacceptable’ View full post on Financial Times – UK Homepage
FourSeasons to take over Southern Cross care homes
Underperforming care homes slated for closure by Southern Cross will be kept open under new management by Four Seasons, a rival operator and one of the company’s landlords View full post on Financial Times – UK Homepage
Brazilians take up slack in luxury yacht market
Ferretti, the Italian luxury yacht builder, is turning to the new super rich of Brazil as sales have slumped to its traditional customers in Europe View full post on Financial Times – UK Homepage
Big banks take hit on capital surcharge
Requirements to be based on a lender’s size, how connected it is to other banks and how easily it could be replaced in a crisis, global regulators say View full post on Financial Times – UK Homepage
Markets take fright at nuclear crisis
Japanese equities fell 10.6 per cent, their third-worst drop in history, while German shares dropped more than 5 per cent at one stage View full post on Financial Times – UK Homepage
LVMH to take controlling stake in Bulgari
The French luxury goods conglomerate will take a controlling stake in Bulgari, the Italian jewellery house, in an all-share deal View full post on Financial Times – UK Homepage
Libyan government fails to take key city
Forces loyal to Libyan leader Muammar Gaddafi launched a new attack on the western city of Zawiyah View full post on Financial Times – UK Homepage
Jubilant protesters take to the streets
Bahrain’s crown prince has ordered troops off the streets in an effort to defuse the violence that has erupted in the tiny, but strategically important gulf state following pro-democracy movements in Tunisia and Egypt View full post on Financial Times – UK Homepage
Traders take heart from Fed comments
Equities surge, the US dollar sinks and gold and the Australian dollar hit new highs as investors conclude that Bernanke’s comments mean that the cheap money binge will continue View full post on Financial Times – UK Homepage