| Science funding cuts risk hi-tech company exodus Government warned that physics-based businesses will suffer if public funding of science research is cut in the autumn spending review telegraph.co.uk |
HSBC headquarters will stay in London, says departing chairman Stephen Green Banking giant's HQ will remain in London, said departing chairman Stephen Green, dismissing speculation that it might move to Hong Kong. telegraph.co.uk |
Canadian Markets: Canadian stocks rise on strong U.S., Chinese data Stocks trading in Toronto start October strong, with the TSX rising thanks to positive U.S. spending data and manufacturing activity in China. feeds.marketwatch.com |
Ikea reveals profits for first time to dispel 'secretive' image Furniture retailer made net profits of €2.5bn (£2.2bn) in the year ending August 2009 on the back of €21.8bn sale. telegraph.co.uk |
Hedge Funds: Grand Master spinning off from Clarium Patrick Wolff, managing director at Clarium Capital, is starting a new hedge-fund firm Jan. 1. PayPal co-founder Peter Thiel is seeding the new business, called Grand Master Capital Management. feeds.marketwatch.com |