Outlook – August 6th 2011 – Business Insider
Size |83 MB
Markets More: The Trader Some News That Matters News
October 6, 2011: Some News That Matters
Oct. 6, 2011, 5:50 AM 521
iPhone vs. Newspaper
Apple co-founder and former chief executive Steve Jobs, regarded as one of the most important American leaders of his generation, died on Wednesday at the age of 56, the FT reports, after a long struggle with pancreatic cancer.
His death was announced late on Wednesday by Apple’s board, http://ftalphaville.ft.com/thecut/2011/10/06/694506/apple-co-founder-steve-jobs-dies/
Citic Securities, China’s biggest brokerage by market value, declined in its Hong Kong trading debut, Bloomberg reports.
Shares in the company fell fell as much as 11 per cent to HK$11.90 and traded at HK$12.2 at 11:01am. http://ftalphaville.ft.com/thecut/2011/10/06/694646/citic-securities-shares-falls-in-hong-kong-debut/
Thousands of people, including representatives of several trade unions, marched through the streets of lower Manhattan on Wednesday in an escalation of the “Occupy Wall Street” demonstrations that began last month, http://ftalphaville.ft.com/thecut/2011/10/06/694596/wall-street-protest-numbers-grow/
Bearish hedge fund managers have reaped some of their biggest gains since the collapse of Lehman Brothers amid the market turmoil triggered by the eurozone debt crisis, the FT reports. Funds reaping big gains include Brevan Howard’s $24bn flagship fund, http://ftalphaville.ft.com/thecut/2011/10/06/694576/hedge-fund-bears-win-on-eurozone-crisis/
Microsoft is considering a bid for Yahoo, Reuters reports, citing sources close to the situation. A number of other companies including buyout shops Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, http://ftalphaville.ft.com/thecut/2011/10/06/694546/microsoft-considering-bid-for-yahoo/
The European Banking Authority has started to re-examine the strength of the region’s banks, modeling a big writedown of all peripheral eurozone sovereign debt, the FT reports.
The regulator is also closely involved in talks with European officials and governments over mechanisms that could be used to forcibly recapitalize banks, http://ftalphaville.ft.com/thecut/2011/10/06/694521/banks-face-new-european-stress-tests-2/
The business heads in charge of the UBS unit where the bank’s $2.3bn alleged rogue-trading scandal took place have resigned, less than a fortnight after former group chief executive Oswald Grübel did the same. The FT reports London-based Francois Gouws and New York-based Yassine Bouhara, http://ftalphaville.ft.com/thecut/2011/10/05/694446/noble-shares-jump-on-spin-off-prospect/
Samsung Electronics is seeking to block sales of the iPhone 4S only hours after it was launched, in a sign that it is shifting from defence to attack in its rapidly worsening patent dispute with Apple,http://ftalphaville.ft.com/thecut/2011/10/05/694426/samsung-seeks-ban-on-iphone-4s-sales/
Fears of an economic slowdown in China have fueled a trading surge in instruments that insure investors against sovereign bond defaults, making the country a new focal point for the widely used financial products, http://ftalphaville.ft.com/thecut/2011/10/05/694406/stocks-rise-on-us-data-and-hopes-for-bank-aid/
The world’s cheapest tablet computer, on sale for as little as $35, has been unveiled in India in the latest attempt by the emerging economy to shift from being a global outsourcing centre to one of frugal innovation for lower-income consumers.
Wednesday’s launch of the Aakash – which means “sky” in Hindi – is designed to boost e-learning to help India solve its education problems and bridge the digital divide that sees Asia’s third-largest economy lag behind its emerging market peers in internet access. http://www.ft.com/intl/cms/s/2/9e714b34-ef53-11e0-918b-00144feab49a.html#axzz1ZySkMU6G
The three-notch slashing of Italy’s credit status by Moody’s on Tuesday had been widely anticipated in Rome and discounted on the markets. But confirmation of a lack of faith by US ratings agencies in the centre-right coalition is fuelling talk of the end of the Silvio Berlusconi era and a slow-moving rebellion within the prime minister’s own party.
“There is not a member of the government or the parliamentary majority who does not affirm in private that Berlusconi should go,” commented Ferrucio de Bortoli, editor of Corriere della Sera, in a front page commentary on Wednesday. http://www.ft.com/intl/cms/s/0/36438280-ef66-11e0-bc88-00144feab49a.html#axzz1ZySkMU6G
Ireland should be allowed to tap the eurozone’s financial rescue fund to cut the cost of its bank bail-out and boost its chances of becoming Europe’s recovery success story, Ireland’s deputy prime minister has said.
The European Union should also introduce eurobonds to tackle the eurozone crisis but steer clear of reform that would require fundamental changes to the EU treaties, Eamon Gilmore said in an interview with the Financial Times. http://www.ft.com/intl/cms/s/0/21795954-ef59-11e0-918b-00144feab49a.html#axzz1ZySkMU6G[center][img]http://i59.fastpic.ru/big/2014/0304/29/6cb13a05706eb5cb7f3d412eb2754429.gif[/img] [b][color=red]Purchase premium accounts in order to enjoy unlimited downloads with resuming support
***If link dead, please leave a message, we will update immediately***[/color][/b][/center] [center][b]Rapidgator[/b] [code] http://filetut.com/yl1eeb1cz3ui/Outlook_Business_-_August_6th__2011.rar.html