The corner of Wall Street and Broadway via Wikipedia.
All Things Digital: We Thought the Internet Was Killing Print. But It Isn’t. The woe, as usual, is more or less unconfined.
Barron’s: Confessions of a Market Maker. Thomas Peterffy helped build the modern securities market. Now, he’s speaking out about the way technology has fragmented trading.
BBC: Mining giants scrap iron ore deal. Mining companies BHP Billiton and Rio Tinto have dropped plans to combine their iron ore operations in Western Australia.
Bloomberg: Hong Kong Losing to Shanghai Means Goodbye to Long Lunch. Equities traders in Hong Kong may soon have to say goodbye to lunches of sautéed ostrich and crispy pigeon at Michelin-starred restaurants and settle for a sandwich at their desks instead.
BusinessWeek: Opportunity in the Last Place You’d Look. From Peru to Ghana to Bangladesh, astute investors are taking a chance on the next wave of emerging nations.
CNBC: Oil Prices May Fall Below $80 as Foreclosure Weighs: Survey. Oil prices may fall below $80 a barrel this week as regulators probe the banking industry’s foreclosure practices in the U.S., offsetting expectations of more quantitative easing by the Fed, a CNBC survey showed.
Forbes: The Wal-Mart Disease. Have you noticed how many of America’s leading companies have done little, or nothing, for shareholders lately?
MarketWatch: U.S. Week Ahead: Apple, IBM, Seagate to report. Apple earnings highlight a busy schedule of financial results in the U.S. week ahead.
Reuters: Can cellphones alleviate global poverty? Cellphone subscriptions will reach five billion this year — almost one per person on the planet. That means good news for the developing world.
The Business Insider: Tom Friedman: Here Is The Best Short Opportunity In China. And it even involves credit default swaps.
The Financial Times: Don’t give in to the branding mob.
The Guardian: Tax avoidance deadline for banks. Barclays and HSBC among 11 banks yet to sign up to a new code as George Osborne says avoidance is ‘immoral’ at a time of public sector cuts.
The New York Times: China Escalates Fight With U.S. on Energy Aid. China dismissed the American inquiry into subsidies for clean-energy industries as election-season politics.
The Telegraph: Cut now or pay later, say business leaders. A significant boost to George Osborne as senior business leaders back the Coalition’s cuts and say that anything less would result in £100 billion of additional debt.
The Wall Street Journal: U.K. Firms’ Hiring Could Offset Public Cuts. The private sector may be able to create enough new jobs to make up for those lost through the government’s austerity drive, the Confederation of British Industry said, cautioning that occasional setbacks are expected.
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