Entries Tagged as 'Financial Times'

Walsh hints at Indian investment after BA and Iberia complete their merger

A newly merged British Airways and Iberia would be “very interested” in investing in an Indian airline, BA chief Willie Walsh said on Saturday as he announced a groundbreaking code-share deal with India’s Kingfisher Airlines

Investors buoyed by better US jobs data

Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession.

Beijing eyes counterbid for PotashCorp

The Chinese government has backed Sinochem, the state-owned chemicals giant, to pursue a counterbid that could trump BHP Billiton’s $39bn hostile offer for PotashCorp

New homes data spell declining market

The recovery in house building appears to have halted as an industry survey, which measures the number of people reserving new homes to buy, dropped to its lowest level on record

Lloyd’s brokers weigh up iPads

Lloyd’s of London is to test whether Apple iPads could replace the traditional paper slips containing all the information on bespoke policies sold at the 300-year-old insurance market

BP bill for Gulf oil spill hits $8bn

BP said it had spent almost $2bn in the last month responding to its Gulf of Mexico oil spill, even as it plugged the leak, taking its total bill for the catastrophe to $8bn

Petrobas prepares to raise up to R$55bn

Petrobras, Brazil’s national oil company, is preparing to raise as much as R$55bn from minority shareholders in what would be the world’s biggest share sale

China and US stage Yellow Sea war games

China and the US stage near-simultaneous naval exercises this week in the oceans around the Yellow Sea in one of the most open displays of the rising competition between the two rival forces in north Asia

Investors  turn to linkers and gold to hedge uncertainty

In 2002, Ben Bernanke deemed deflation such a threat that he referred to Milton Friedman’s notion of handing out cash to stop falling prices

Police pressed to reopen hackers case

The Metropolitan Police are under renewed pressure to reopen their inquiry into telephone hacking at News of the World after Alan Johnson said he would review documents he saw on the case while home secretary