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Editorial Comment
International codes
The switch to IFRS will be helpful to the US and to the rest of the world. But implementation will be tough on businesses, and will need firm resolve from policymakers
Principal content
Merrill losses wipe away longtime profits
Merrill Lynch’s losses in the past 18 months amount to about a quarter of the profits it has made in its 36 years as a listed company, according to Financial Times research that highlights the extent of the global banking crisis
Bank of China flees Fannie-Freddie
Holdings of agency debt cut by $4.6bn
Dell disappoints with 17% decline in income
PC maker warns of European IT spending slowdown
Toyota cuts world car sales forecast by 7%
’Sructural change‘ in demand in US
Diageo brands prove resilient
Distiller remains steadfastly optimistic
Tax fears as companies shift to Ireland
Charter and Henderson Group seek to ‘protect’ tax position
Dassault dismisses Thales stake talk
Company had no interest in increasing 5 per cent stake
Zoom grounds transatlantic jet fleet
Low-cost carrier seeks creditor protection
Bertelsmann eyes sale of RTL stake
Media group hints at large acquisition – possibly ITV
MTN chief aims for acquisitions
Nhleko: Africa and mid-East competition growing
Related content and features
Financial Services
Commerzbank heads race to buy Dresdner
Commerzbank is the favourite contender to buy Allianz’s Dresdner Bank subsidiary, in spite of a possible bid by China Development Bank for all or part of Dresdner
Lombard
Succession is the key to success for RBS’s superboard
Oh to be a fly on the wall at the first meeting of Royal Bank of Scotland’s new improved superboard!
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