Western countries need trade liberalisation more than the East
After an awful August, global markets ended the month with a muted cheer. Investors greeted upbeat surveys of manufacturing output in both America and China - the world's two biggest economies - as a sign recovery is happening and we can avoid a "double dip". telegraph.co.uk |
Vodafone loses $2.6bn India tax challenge
Vodafone will "think seriously" about appealing a ruling by the Bombay High Court dismissing the company's challenge of a $2.6bn tax bill. telegraph.co.uk |
AIG, GM face lower valuation of IPOs
AIG and GM, two companies kept alive by taxpayer bailouts, are likely to launch public offerings that come up short of expectations. feeds.marketwatch.com |
Questor share tips: Ferrexpo's growth plans make it a solid iron ore play
With demand for iron ore rising, Questor says smaller producer Ferrexpo is a buy. telegraph.co.uk |
Man Group shares climb on talk of BNY Mellon bid
Man Group shares have jumped 4.8pc on speculation that a mystery bidder - thought to be Bank of New York Mellon - is preparing a 390p per share bid for the group. telegraph.co.uk |