From COMPANIES 2:42pm

Facebook fails to fizz on opening

Facebook Chief Executive Mark Zuckerberg ringing Nasdaq's opening bell in Menlo Park...Facebook Chief Executive Mark Zuckerberg remotely rings the Nasdaq's opening bell in Menlo Park, California, in this May 18, 2012 handout photo courtesy of Facebook. Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. ©Reuters

Shares open at $42.05 and dip towards $38 issue price

From WORLD 10:28am

China property prices extend decline

Beijing to maintain restrictions on investments

From COMPANIES 5:24pm

Hotels case with bit-parts for Blair and Bono

McKillen suit against the Barclays enters final phase

Trident ©AFP From UK 9:31pm

UK in cold war doctrine rethink

Review threatens downgrade for nuclear deterrent

From GLOBAL ECONOMY 12:15am

Merkel faces G8 isolation on eurozone

World leaders expected to push German chancellor on growth

From COMPANIES 12:22am

HP to axe 30,000 jobs to cut costs

Whitman in drastic attempt to deal with company’s slumping fortunes

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