| BP raises suspect safety valve The safety device that should have helped prevent the Gulf of Mexico oil spill was being raised to the surface late last night. telegraph.co.uk |
Financial Stocks: Financials climb, recouping previous day's losses The financial sector leads U.S. stocks higher as the market recovers some of the previous session’s losses. feeds.marketwatch.com |
China calls for more Asian clout in global economy By RAF CASERT 2010-10-04T17:09:15ZBRUSSELS (AP) -- The surging economies of Asia should be granted more power in the traditionally Western-dominated global financial institutions, Chinese Premier Wen Jiabao said Monday at the opening of the Euro-Asian summit.... hosted.ap.org |
UK services sector rise boosts expectations Bank of England will hold rates, QE A surprise pickup in growth across the key services sector has fuelled hopes that the UK economy will avoid a double-dip recession. telegraph.co.uk |
Hedge Funds: Hedge funds have best month since May ’09 Most managers lag equity-market surge, but Paulson & Co.’s flagship Advantage Plus fund jumps more than 12% in September. feeds.marketwatch.com |