• JP Morgan Eyeing Lehman's Former UK Premises Wednesday, 24 Nov 2010 | 5:52 AM ET
    Lehman Brothers' employees arrive at work on September 19, 2008 in London, England. For many employees at the American investment bank, today is their final payday following Lehman Brothers going into administration earlier this week.

    JPMorgan Chase is close to axing plans to build a £1.5 billion ($2.4 billion) European headquarters in Canary Wharf, opting instead for the former UK premises of Lehman Brothers, reports the Financial Times.

  • Caterpillar to Issue Yuan-Denominated Bond Wednesday, 24 Nov 2010 | 5:23 AM ET
    **FILE** Rows of heavy Caterpillar equipment sits ready for shipment at the Caterpillar plant in Decatur, Ill.,in this April 20, 2007 file photo. For American companies with operations that stretch overseas, the slumping dollar has become a fiscal life preserver amid slower domestic economic growth and waning sales. (AP Photo/Seth Perlman, file)

    Caterpillar, the US-based manufacturer of earth-moving equipment, is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong, becoming the first foreign industrial multinational to issue debt in the Chinese currency. The FT reports.

  • Geneva Set to Trump London in Oil Trading Tuesday, 23 Nov 2010 | 7:13 AM ET

    Geneva will leave London behind and become the world’s most important trading hub for physical energy commodities, including oil, as leading companies relocate dozens of traders to Switzerland, according to industry executives, reports the Financial Times.

  • Oil Spill Clean-Up Response Criticized Tuesday, 23 Nov 2010 | 5:56 AM ET

    The presidential commission investigating the BP oil spill in the Gulf of Mexico has said that neither the industry nor the US government had made adequate investments in clean-up technology in the wake of the 1989 Exxon Valdez spill, reports the Financial Times.

  • UK to Water Down Bank Bonus Rules Monday, 22 Nov 2010 | 4:37 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    George Osborne is set to water down plans to force disclosure of bank bonus payments above £1 million, in a move that will delight the City but sets up a political clash with business secretary Vince Cable and the Liberal Democrats, reports the Financial Times.

  • Overseas investors are moving back into the UK financial services sector, easing fears that London is losing its luster as an international centre for the industry. The FT reports.

  • Meredith Whitney Plans to Launch Rival Rating Agency Friday, 19 Nov 2010 | 7:36 AM ET
    Meredith Whitney

    Wall Street analyst Meredith Whitney plans to set up a credit-rating agency to go head to head with Moody’s Investors Service and Standard & Poor’s. The Financial Times reports.

  • Euro Zone Anger at Germany Boils Over Wednesday, 17 Nov 2010 | 6:26 AM ET
    German Chancellor Angela Merkel

    When the Greek prime minister, this week aired frustration with Germany, he was saying publicly what other senior European officials and diplomats have been saying privately for weeks. The FT reports.

  • EU in ‘Survival Crisis’ Says Van Rompuy Tuesday, 16 Nov 2010 | 11:54 AM ET
    herman van rompuy

    Herman Van Rompuy, the European Union’s permanent president, said on Tuesday that the European Union was in a “survival crisis” and that its members must work together to get through the current turmoil or the bloc’s future was at risk.

  • US Ethanol Exports Fuel European Unease Monday, 15 Nov 2010 | 4:54 AM ET

    After a disastrous couple of years brought on by high corn prices and low demand, the US corn ethanol business has emerged as a force in global energy markets.

  • Questions Arise About Google Android Security Risks Friday, 12 Nov 2010 | 1:40 PM ET
    Motorola Droid X

    Certain smartphone models running Google’s Android operating system have security flaws that could allow hackers to steal personal information or record conversations, researchers said this week.

  • Bonderman Warns Over Emerging Markets Friday, 12 Nov 2010 | 10:27 AM ET

    David Bonderman, co-founder of private equity firm TPG Capital and long regarded by other buy-out experts as one of the savviest investors in the sector, has warned of an emerging markets “crisis of expectation”.

  • Irish Bank Chief Seeks to Attract Foreign Buyers Thursday, 11 Nov 2010 | 6:03 AM ET
    Dublin, Ireland

    Patrick Honohan, Ireland’s central bank governor, on Wednesday put a “For Sale” sign over the country’s ailing banks, stressing that foreign ownership of the troubled sector was “not as far-fetched a scenario as it might appear to some”, reports the Financial Times.

  • Republicans Take Aim at Volcker Rule Thursday, 11 Nov 2010 | 3:57 AM ET

    The US ban on proprietary trading known as the Volcker rule has emerged as the main partisan fight over regulatory reform, with huge implications for the biggest US institutions, reports the Financial Times.

  • Greenspan Warns Over Weaker Dollar Thursday, 11 Nov 2010 | 12:56 AM ET
    Alan Greenspan

    The US is pursuing a policy of weakening its currency which is driving up exchange rates in the rest of the world, according to Alan Greenspan, the former chairman of the Federal Reserve.

  • Concern as BoE Chief Blurs Line on Policy Wednesday, 10 Nov 2010 | 7:05 AM ET

    Some senior staff at the Bank of England are uncomfortable with Mervyn King’s endorsement of the government’s public spending cuts, suggesting he has overstepped the line separating monetary and fiscal policy.

  • A 24-Karat Safety Net for Investors Wednesday, 10 Nov 2010 | 4:44 AM ET
    Gold Bars

    The price of gold  has been rising as the weak dollar, the volatile stock market, the lackluster economy, the yawning budget deficit, the accommodative Federal Reserve — all this and more have anxious investors rushing for the precious metal, reports the  New York Times.

  • Doubts Grow Over ‘Peripheral’ Euro-Zone Nations Wednesday, 10 Nov 2010 | 3:40 AM ET

    The rumbling crisis over the integrity of the eurozone has entered a new and ominous phase, with economists and bond market investors questioning the ability of “peripheral” European economies to stay in the euro without yet another rescue package. The FT reports.

  • World Bank Chief Sparks Gold Standard Debate Monday, 8 Nov 2010 | 2:15 AM ET
    Gold coins and bar

    Leading economies should consider readopting a modified global gold standard to guide currency movements, argues the president of the World Bank. The FT reports.

  • European Clearing House Warns Irish Bond Traders Friday, 5 Nov 2010 | 6:28 AM ET
    Dublin, Ireland

    Fears over the health of the euro zone bond market intensified after one of Europe’s biggest clearing houses warned investors they could be compelled to stump up more money to trade in Ireland’s debt. The FT reports.

Futures Now