News
Google News: Weaker Mexican peso may have neared its floor
[Financial Times] - By Adam Thomson in Mexico City Across Latin America, local currencies have been losing ground since July as the European debt crisis worries investors, pushing them to abandon emerging markets in favour of perceived havens. The Brazilian real has lost
Google News: AT&T drops $39bn bid for T-Mobile USA
[Financial Times] - According to Thomson Reuters, the banks were set to pocket an estimated $153m in fees related to the transaction, with the bulk of M&A fees payable on the deal's successful closing. AT&T's challenge in winning over Washington may also be seen as
Google News: Bankrupt MF Global's Fractional Reserves
[The Market Oracle] - As Christopher Elias explains for Thomson Reuters, MF Global's bankruptcy revelations concerning missing client money suggest that funds were not inadvertently misplaced or gobbled up in MF's dying hours, but were instead appropriated as part of a mass
Google News: Chinese 'hoops' hold back foreign banks
[Financial Times] - From an average capital raising of about $183m last year, the pot has shrunk to $147m this year, according to data from Thomson Reuters. Many of these smaller listings have been on Chi-Next, an exchange for high-tech start-ups that is meant to be
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