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‘FB’ trading likely to be volatile

Facebook’s stock is likely to see volatile trading over the next few weeks and months, even as some experts predict that its strong initial pricing will tamp down any first day “pop”. Exchanges will begin accepting stock orders as early as 6am in [...] Read more ...

via Ft
18 May 2012

Buffett on list of Gupta trial witnesses

Warren Buffett, the billionaire investor, and Lloyd Blankfein, Goldman Sachs’ chief executive, are among the business leaders listed as potential witnesses in the insider trading case against Rajat Gupta, a former head of McKinsey. Also included on [...] Read more ...

via Ft
18 May 2012

Warren Buffett’s very profitable paper round

Good old Warren Buffett and his folksy ways. A bunch of newspapers like the Clinch Valley News, the Hickory Daily Record and the Goochland Gazette will fit right in alongside Dairy Queen and See’s candies in Berkshire Hathaway’s collection of quaint Americana. It’s nice to see a well-meaning billionaire sparing $142m in small change for the h [...] Read more ...

via Ft
18 May 2012

JPMorgan chief to testify before Senate

Jamie Dimon, chief executive of JPMorgan Chase, will testify before the US Senate banking committee in the wake of a $2bn trading loss on credit derivatives. JPMorgan said Mr Dimon would appear before the panel after its chairman, Tim Johnson, said [...] Read more ...

via Ft
18 May 2012

Dumping duty set for Chinese solar cells

The US Department of Commerce has proposed anti-dumping duties on imports of Chinese solar cells, raising the threat of a trade dispute and dividing the American solar industry over the decision. The tariffs were set at about 31 per cent for 61 [...] Read more ...

via Ft
18 May 2012

Investors bet on Facebook as gatekeeper

If Mark Zuckerberg needs a reminder of the impermanence of success in Silicon Valley, he should look no further than his company’s new home. The cluster of characterless buildings, built along the south-east shore of the San Francisco Bay, belonged [...] Read more ...

via Ft
18 May 2012

Two tiers, one crisis for Spanish banks

Who is right – the International Monetary Fund or the market? Until a couple of weeks ago, nervous investors had ignored the IMF’s recent assessment that about 70 per cent of Spain’s banks looked essentially healthy and instead had sent all bank [...] Read more ...

via Ft
18 May 2012

Asian LNG prices near record highs

The cost of liquefied natural gas has surged to within a whisker of its all-time high in the critical Asian spot market as Japan bids for cargos of gas to offset the loss of nuclear power and supplies decline after a terror attack in Yemen. The [...] Read more ...

via Ft
18 May 2012

Mike Craven: Do we need an industrial strategy

Mike Craven is partner at Lexington Communications which sponsored this week’s ConservativeHome event on the Coalition two years on: ‘back to growth’. The business/political audience heard from Tesco’s Director of Corporate Affairs, Lucy Neville-Rolfe; Joe Greenwell, chairman of Ford in [...] Read more ...

via Blogs
18 May 2012

Clive Crook

The Atlantic covers news and analysis on politics, business, culture, technology, national, international and life on the official site of The Atlantic Magazine. Read more ...

via Theatlantic
18 May 2012