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Rattner, Possible `Car Czar,` Faces Questions
As Obama nears the appointment of a 'car czar,' with financier Steven Rattner drawing a close look, the leader of the UAW expressed concern about installing a Wall Street deal maker.
Wall Street Journal

Falling oil prices not good news all round
Tough times face companies that supply the industry as the cost of crude remains low and could result in future rises
FT.com

The 1938 Great New England Hurricane: Looking to the Past to Understand Today`s Risk
In September 1938, the Great New England Hurricane devastated the northeast United States with high winds, storm surge, and inland flooding causing more than 700 fatalities. To mark the 70th anniversary of the event, catastrophe experts at Risk Management Solutions recently published a report investigating the likely impacts if the ...
InsuranceHeadlines.com

Producers seek record cut in iron ore price
Steelmakers demand a record 40 per cent cut in iron ore prices in annual pricing negotiations, but are face resistance
FT

Internet sales face taxes
Shopping online can be a way to find bargains while steering clear of crowds -- and sales taxes. But those tax breaks are starting to erode. With the recession pummeling states' budgets, their governments increasingly want to fill the gaps by collecting taxes on Internet sales, which are
The Salt Lake Tribune

Qatar to step up LNG supplies to India
Qatar, the world's largest liquefied natural gas exporter, today said it will sell additional LNG cargoes to India this fiscal to ease fuel deficit faced by power and fertilizer units in the country.
The Times Of India

Lehmann `will not coach England`
Former Australia batsman Darren Lehmann rules himself out of the running for the vacant position of England cricket coach.
BBC

Alcoa shatters analysts' lowest forecasts - Financial Times
Alcoa , the US's largest aluminium maker,demonstrated the depth of the difficulties facing global manufacturing and construction by reporting a $1.19bn loss in the fourth quarter, deeper than even the most bearish analysts had been expecting. The ...
Feed Digest

Small base rate cut strengthens sterling
Last week’s cut to the base rate of interest has rallied the strength of the pound against key currencies.The Bank of England cut rates by 0.5% to 1.5%, the lowest for over 300 years, but not as drastic a cut as some analysts had anticipated.As a result, the pound strengthened against the US dollar and [...]
Telegraph

RBS fails to pass on full rate cut
The RBS Group has announced that it will only pass on last week’s Bank of England base rate cut to some customers.The banking group, which includes NatWest and the RBS, said those on tracker mortgages and small business with variable rate overdrafts would benefit from the full 0.5% cut.However, individual mortgage holders on the standard [...]
Finance Markets

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