Finance And Political News From The Financial Time

Minister speaks out as unemployment rises above 24%
Global Market Overview Spain downgrade damps sentiment S&P downgrades Spain to triple B plus Repossessed Spanish homes fall in value Town reflects what went wrong with Spain
From COMPANIES 10:14pm
Amazon shares leap on strong sales
Performance calms market worries over a slowdown in growth
Lex Amazon ambition Lex ebook pricing Lex Best Buy and Amazon
From WORLD 12:13pm
Chinese activist escapes house arrest
Chen Guangcheng in ‘safe location’, say activists
China reform drive boosted by Bo’s fall IMF urges eurozone to bolster banks China tightens grip on lawyers China to enact new secret detention law China cracks down on lawyers and activists

Minister speaks out as unemployment rises above 24%
Global Market Overview European stocks shrug off Spain downgrade S&P downgrades Spain to triple B plus Repossessed Spanish homes fall in value Town reflects what went wrong with Spain
From COMPANIES 11:45am
Barclays admits failure over pay awards
Chairman seeks to placate angry shareholders at annual meeting
Barclays and Deutsche in Maiden Lane buy Barclays quarterly profits rise to £2.4bn Banks take provisions for PPI past £6bn
GLOBAL MARKET OVERVIEW from MARKETS 11:48am
European stocks shrug off Spain downgrade
German Bund yields hover near record lows
S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up

German Bund yields hover near record lows
S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up Dutch strike budget deal to avert crisis Ireland warns of risk to planned bond sale
From COMPANIES 8:45am
Samsung trumps Nokia on handset sales
South Korean group also regains top smartphone spot from Apple
Inside Business Nokia deserves more time Lex Asian chipmakers beyondbrics Apple and Samsung talk peace
From WORLD 7:19pm
China reform drive boosted by Bo’s fall
Wen and allies encouraged to introduce political changes
Bo’s brother quits China Everbright board China tightens grip on social media Daniel Bell Real meaning of the rot at the top of China

German Bund yields hover near record lows
S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up Dutch strike budget deal to avert crisis Ireland warns of risk to planned bond sale
From COMPANIES 7:02am
Samsung trumps Nokia on handset sales
South Korean group also regains top smartphone spot from Apple
Inside Business Nokia deserves more time Lex Asian chipmakers beyondbrics Apple and Samsung talk peace
From WORLD 7:19pm
China reform drive boosted by Bo’s fall
Wen and allies encouraged to introduce political changes
Bo’s brother quits China Everbright board China tightens grip on social media