FT Update

Thu 7 Jan 2010

Majestic sparkles again
Champagne sales regained their seasonal sparkle for Majestic Wine.

Mobile merger call
Operators want Orange and T-mobile's merger to face UK regulators.

Goldman to sell out
Goldman Sachs looks set to sever its financial link with Sumitomo Mitsui Financial Group

Footsie hits fresh high
Banks and miners helped the FTSE 100 inch to a 16-month high.

DP World seeks new listing in London
DP World, the fourth largest container-terminal operator, is seeking a stock listing in London after two years of poor share price performance in its home market of Dubai.

Greek plans examined
Greece rejected talk that it would need a bail-out to tackle its budget deficit as EU officials flew in to scrutinise Athen' financial plans.

Kan takes finance role
Japan's prime minister, Yukio Hatoyama, moved sqiftly to contain the damage caused by Hirohisa Fujii's decision to step down as finance minister, naming deputy prime minister Naoto Kan as his replacement.

Argentine bank dispute
Argentina's central bank governor, Martin Redrado, is defying demand by President Cristina Fernandez to quit in a dispute over the use of central bank funds to pay off debt.

Dodd to step down
Chris Dodd, Democratic head of the Senate banking committee and leading proponent of financial regulatory reform, will not stand for re-election.

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