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"FT" and "Financial Times" are trademarks of the Financial Times.support@ft.comFri, 16 May 2008 00:02 BSTFri, 16 May 2008 00:23:22 BSTNewspapers15http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gifhttp://www.ft.com/home/us(PICS-1.1 "http://www.classify.org/safesurf/" L gen true for "http://www.ft.com/" r (SS~~000 1))http://www.ft.com/cms/s/0/8e338cc8-22ce-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/8e338cc8-22ce-11dd-93a9-000077b07658.htmlThe European Central Bank voiced its "high concern" at growing evidence that banks are exploiting its efforts to unblock the frozen funding markets by using its liquidity scheme to offload more risky assets than it envisagedThu, 15 May 2008 23:41 BSThttp://www.ft.com/cms/s/0/1b424856-22a8-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/1b424856-22a8-11dd-93a9-000077b07658.htmlBlackstone, which made big profits last year by flipping commercial properties at the height of the market, is considering buying back into some of those assets at distressed prices as part of an effort to cash in on the credit crisisThu, 15 May 2008 23:11 BSThttp://www.ft.com/cms/s/0/ea1b53f8-22c0-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/ea1b53f8-22c0-11dd-93a9-000077b07658.htmlThe Federal Reserve should use regulatory powers aggressively and pro-actively to limit the threat from future asset price bubbles, Frederic Mishkin, one of the Fed's governors, saidFri, 16 May 2008 00:02 BSThttp://www.ft.com/cms/s/0/f741a670-2281-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/f741a670-2281-11dd-93a9-000077b07658.htmlCarl Icahn, the billionaire investor, unleashed a proxy fight to remove the Yahoo board and resurrect a takeover bid for the internet company by MicrosoftThu, 15 May 2008 19:16 BSThttp://www.ft.com/cms/s/0/0c75c33a-22a7-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/0c75c33a-22a7-11dd-93a9-000077b07658.htmlWal-Mart said it is to pursue a "passion for fresh and delicious food" and "the highest level of customer service" in new small grocery stores that will be competing head-on with Tesco's fledgling Fresh & Easy US storesThu, 15 May 2008 23:26 BSThttp://www.ft.com/cms/s/0/a0030040-227a-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/a0030040-227a-11dd-93a9-000077b07658.htmlThe sharp rise in the expected death toll indicates hopes are fading for tens of thousands of people trapped under collapsed buildings as rescuers struggle to reach themThu, 15 May 2008 19:27 BSThttp://www.ft.com/cms/s/0/bb224a2e-2271-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/bb224a2e-2271-11dd-93a9-000077b07658.htmlThe US broadcast network said it had agreed to pay $1.8bn in cash to acquire CNET Networks, a technology and entertainment website operatorThu, 15 May 2008 23:32 BSThttp://www.ft.com/cms/s/0/10075210-22a8-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/10075210-22a8-11dd-93a9-000077b07658.htmlEnergias de Portugal is to press on with an IPO of up to 25 per cent of its renewable energy arm – potentially the biggest European float this year in a sign equity markets are still open to companies with attractive prospectsThu, 15 May 2008 19:11 BSThttp://www.ft.com/cms/s/0/18c9fa20-2275-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/18c9fa20-2275-11dd-93a9-000077b07658.htmlUS stocks extended recent gains as investors shrugged off new data giving mixed signals about the health of the US economy while strong performances in the information technology sector bolstered the leading indicesThu, 15 May 2008 21:44 BSThttp://www.ft.com/cms/s/0/50a1fbca-22a0-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/50a1fbca-22a0-11dd-93a9-000077b07658.htmlBarack Obama's campaign accused George W. Bush of launching an "unprecedented political attack on foreign soil" in a speech to the Israeli Knesset that linked Mr Obama's call for talks with America's enemies to 1930s-style appeasement of HitlerThu, 15 May 2008 18:07 BSThttp://www.ft.com/cms/s/0/e9e88db4-2299-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/e9e88db4-2299-11dd-93a9-000077b07658.htmlThe Intercontinental Exchange, the electronic commodities exchange, was forced to completely shut its trading platform on Thursday morning due to a power failureThu, 15 May 2008 17:32 BSThttp://www.ft.com/cms/s/0/02a1c460-2286-11dd-93a9-000077b07658.htmlhttp://www.ft.com/cms/s/0/02a1c460-2286-11dd-93a9-000077b07658.htmlUS industrial production fell sharply in April and the number of first-time claims for unemployment benefits rose, but, although weak, the data only added to the fog surrounding the question of whether the economy has fallen into recessionThu, 15 May 2008 20:23 BSThttp://www.ft.com/cms/s/0/8ed5b8ea-21fc-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/0/8ed5b8ea-21fc-11dd-a50a-000077b07658.htmlJohn Edwards, former candidate for the Democratic presidential nomination and champion of organised labour, sought to rally his party and bring the primary race to a close by providing Barack Obama with his highest-profile endorsement in monthsThu, 15 May 2008 00:50 BSThttp://www.ft.com/cms/s/0/1b34bca8-21ff-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/0/1b34bca8-21ff-11dd-a50a-000077b07658.htmlGeneral Electric is considering putting its appliances unit up for sale in a move that could raise some $7bn and sever century-old links with one of GE's original businessesThu, 15 May 2008 00:11 BSThttp://www.ft.com/cms/s/0/7dca1496-21df-11dd-a50a-000077b07658.htmlhttp://www.ft.com/cms/s/0/7dca1496-21df-11dd-a50a-000077b07658.htmlThe UN's Food and Agriculture Organisation price index, considered the best measure of global food inflation, saw its first decline in 15 months in April Wed, 14 May 2008 23:30 BST