US News
- Faltering start for the new Facebook May 18, 2012Glitches delayed the opening of trading and underwriters had to intervene to prevent the group’s shares falling below the $38 price set on Thursday
- Boy wonder comes of age on Wall Street May 18, 2012The creator of the most visited website on the internet has gone from dorm room prankster to admired chief executive, says April Dembosky
- Chinese activist Chen flies to the US May 19, 2012Departure of Chen and his family brings to an end the worst diplomatic spat between Beijing and Washington in over a decade
- Spain hit by rise in bad bank loans May 18, 2012Value of bad loans held by banking sector increased a third during the past year to €148bn and accounted for 8.4% of their entire loan portfolios
- G8 leaders urged to focus talks on growth May 18, 2012Barack Obama says the summit of the world’s leading economies will focus on ways to promote growth in Europe and backed fiscal consolidation efforts
- China linked to ‘economic espionage’ May 18, 2012The Pentagon report says the country will continue to be an ‘aggressive and capable’ collector of sensitive US technological information
- Murdoch quashes talk of UK paper spin-off May 18, 2012News Corp’s chief has moved to quash talk about selling its tainted UK newspaper business, saying publishing would remain ‘a core component’
- Resource stocks mirror global economy May 18, 2012Decline of groups involved in supplying essential raw materials for business show how investors really feel about the global economy’s direction
- Obama ground forces braced for air war May 18, 2012President’s team says massive grassroots campaign will be needed to withstand bombardment of negative attack ads from Romney and super-Pacs
- Alibaba nears buyback deal with Yahoo May 18, 2012The deal under discussion would involve the US group selling about $7bn of its stake in the Chinese ecommerce group, valuing Alibaba at $35bn
World News
- Chinese activist Chen flies to the US May 19, 2012Departure of Chen and his family brings to an end the worst diplomatic spat between Beijing and Washington in over a decade
- Spain hit by rise in bad bank loans May 18, 2012Value of bad loans held by banking sector increased a third during the past year to €148bn and accounted for 8.4% of their entire loan portfolios
- Brazil stimulus fails to raise growth May 18, 2012Contraction makes Brazil’s growth second slowest in Latin America and comes as Asia’s major emerging markets, China and India, are also decelerating
- President plays up image as ‘Mr Normal’ May 18, 2012New French president seeks to fulfil his promise to voters after the ‘bling-bling’ image of his unpopular predecessor Nicolas Sarkozy
- Moderate Islamist aims to heal Egypt’s rifts May 18, 2012Aboul Fotouh’s critics, and even some supporters, say that by seeking to appeal to all the major constituencies he has failed to satisfy any of them
- Obama ground forces braced for air war May 18, 2012President’s team says massive grassroots campaign will be needed to withstand bombardment of negative attack ads from Romney and super-Pacs
- Osaka mayor has old guard running scared May 18, 2012The blunt nationalist, who has divided opinion, will have to get things done in his city if he is to retain the backing of Japanese voters
- China jails leader of smuggling ring May 18, 2012China has jailed Lai Changxing, its most notorious fugitive, for life after finding him guilty of smuggling and bribing regional officials
- Jordan worries Syrian crisis could undermine stability May 18, 2012Amman has pointedly refused to back either President Bashar al-Assad’s regime or the rebels seeking its overthrow
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