| LEX NEWS |
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| Facebook: doing it by numbers Facebook needs to be assessed differently, if no less cautiously, than the internet IPOs that have g |
| Glencore / Xstrata: familiar path As the companies discuss an $80bn merger of equals, the creation of the first mega vertically-integr |
| Deutsche Börse / NYSE Euronext NYSE Euronext is the biggest loser as the proposed $7.5bn merger with Deutsche Börse is blocked by E |
| Sony: swash buckled There is no happy ending for Sir Howard Stringer or investors as the company’s first foreign head bo |
| Dassault deal: a double-edged sword If Dassault seals a $20bn deal to supply Indian jet fighters, it could delay much-needed sector cons |
| Benetton: the colour of money The risk of holding Benetton shares is greater than the probable rewards. The label has years of res |
| US pharma: keep taking the tablets The big pharmas will rely on their pipelines or acquisitions to turn things around – a chancy busine |
| Shell: Big talk The business that will emerge at the end of its new four-year strategy is unlikely to look very diff |
| INVESTMENT BANKING |
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| Caesars plans IPO to allow investors to sell Casino operator makes fresh attempt to list publicly and aims to raise only $18m but move will allow |
| Facebook serves notice on $5bn IPO Facebook launched the process for its highly anticipated initial public offering, revealing details |
| Facebook reveals what makes its network tick The first close look that Facebook gave the world of its finances speaks volumes about what makes th |
| White House to ease IPO path Fresh moves to boost small companies' access to capital even as regulators, Democratic lawmakers and |
| Canada's Sunshine Oilsands heads for HK IPO The tar sands company, backed by Chinese state-owned enterprises, has shunned Toronto to launch its |
| ECONOMIST INDICATORS |
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| UNFAIR TRADE <p>The worldwide steel and metals industry was the subject of the biggest number of anti-dumpi |
| TRADE, EXCHANGE RATES AND BUDGETS <p>In February, the European Union’s current account jumped into surplus for the first time in |
| STOCKMARKETS <p>The Nasdaq Composite index rose by 7.8%, boosted by an unexpected first-quarter rebound in |
| MONEY AND INTEREST RATES <p>Growth rates of both broad- and narrow-money supply in Australia continued to rise in March |
| CURRENCY PROJECTIONS <p>Quarterly forecasts from J.P. Morgan Chase suggest that the euro will strengthen a little a |
| MONEY AND INTEREST RATES <p>Interest rates eased in many euro area markets. Britain’s broad-money growth slowed to 8.4% |
| TRADE, EXCHANGE RATES AND BUDGETS <p>The visible-trade deficit in the euro area, which now includes Greece, narrowed to $9.7 bil |
| STOCKMARKETS <p>Further weakness in high-tech and telecom shares, as well as concerns about corporate profi |