FT Update

Tue 19 Jan 2010

Taylor Wimpey gloomy
Builder forecasts housing market recovery unlikely this year.

Infineon challenged
UK fund manager Hermes is seeking to oust next chairman.

Cowell double act
Five-year joint venture deal with Sony.

Haiti effort accelerate
The global reaction to the Haiti earthquake escalated noticeably with the UN calling for a big increase in the number of peacekeepers, the EU pledging more than £325m and the resolution of distribution bottlenecks.

Paris eyes bigger slice
France plans to grab a bigger slice of European bond markets with a new trading platform as part of a wider push to divert financial activity from rival centres to Paris.

EU focuses on Greece
EU governments were expected last to cast a critical eye over Greece's efforts to prove that it is serious about restoring fiscal discipline and reporting accurate financial data.

Bank schisms over levy
Splits exist among investment banks over Washington's banking levy, with one lobby exploring legal action even as some groups urge caution in face of a political backlash.

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