| CAPITAL MARKETS |
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| Petrobas prepares to raise up to R$55bn Petrobras, Brazil's national oil company, is preparing to raise as much as R$55bn from minority shar |
| Investors turn to linkers and gold to hedge uncertainty In 2002, Ben Bernanke deemed deflation such a threat that he referred to Milton Friedman's notion of |
| Ratings on $55bn muni debt face cut Credit ratings on almost 900 municipal bonds, or $50bn to $55bn of debt, could be cut by up to three |
| Crisis alters corporate treasurers' risk outlook These self-effacing types are playing a much more princely role now that cash is king, says Richard |
| COMPANIES NEWS |
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| Walsh hints at Indian investment after BA and Iberia complete their merger A newly merged British Airways and Iberia would be “very interested” in investing in an Indian airli |
| Beijing eyes counterbid for PotashCorp The Chinese government has backed Sinochem, the state-owned chemicals giant, to pursue a counterbid |
| BP bill for Gulf oil spill hits $8bn BP said it had spent almost $2bn in the last month responding to its Gulf of Mexico oil spill, even |
| Goldcorp in C$3.6bn offer for Andean Canada’s Goldcorp has launched a C$3.6bn (US$3.4bn) cash-and-stock takeover offer for Andean Resourc |