Wednesday Papers: Fitch warns on Britain's huge budget deficit -- other news

Wed Nov 11, 2009 6:54am GMT
 
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* Dow rises 20 points, or 0.20%, S&P 500 closes little changed and Nasdaq eases 0.14%

* Fitch, the ratings agency, warns the UK is the developed nation most at risk of losing its AAA sovereign credit rating

* European Investment Bank and banks to lend £1.4 billion for UK wind farms

* UK company pension deficit down 34% in October, according to Pension Protection Fund

* International Energy Agency sees gas glut until 2015, with coal taking an increasing role

* World oil demand to grow to 700,000 bpd next year, according to Opec

* US bank reform bill seeks to strip powers from Federal Reserve

* City job vacancies rise 15% to highest this year

* Three more drugs advisers resign over sacking of David Nutt

* US faces a slow and protracted L-shaped recovery with only a gradual upward tilt, according to President of Reserve Bank of San Francisco

* Oxford Economics predicts tourism and travel spending to fall 5%

* Brussels has warned that a radical overhaul of rules on how banks value their assets could lead to great volatility in their accounts

* Europe competition watchdog has opened a full inquiry into the data feed supply agreements between Thomson Reuters and its trading customers

* President Obama is to ask members of Nato to provide at least 4,000 more troops to help break the deadlock in Afghanistan

* Supermarkets wage price war with toy soldiers and Christmas pudding

* Tesco improves its market share for the first time since 2007, according to Taylor Nelson survey

* Nine former cabinet ministers want Gordon Brown to scrap plans to tax childcare

* Lloyds announces another 5,000 jobs will go in reshuffle of back offices

* Clashes in northern Congo leave 60 dead

* Brian Winterflood steps down as chairman of the firm he founded.

 

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