'China represents the bull's-eye', says WPP's Sir Martin Sorrell
Sir Martin Sorrell knows his investors love a story about China and he knows exactly how to spin one. telegraph.co.uk |
No defence left against double-dip recession, says Nouriel Roubini
The US, Japan and large parts of Europe have exhausted their policy arsenal, leaving them defenceless against a double-dip recession. 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 |
Goldman Sachs bankers given millions of pounds in shares
Goldman staff have been awarded a mid-term windfall of shares in an attempt to reassure star performers of compensation. telegraph.co.uk |
Jérôme Kerviel will need 177,000 years to repay €5 billion
Jérôme Kerviel, the rogue French trader sentenced to three years in jail yesterday for losing the bank he worked for €5 billion (£4.4 billion), has been ordered to repay the full amount despite calculations that it would take him more than 177,000 years to do so. telegraph.co.uk |