Print

Lunch Wrap

On FT Alphaville this morning,

- Bridge, golf and herbal refreshment for Bear’s Cayne.

- Russia’s Imperial Energy is made a mystery offer. But the investor wants the shares at a discount.

- Today’s shipping news.

- Taking the shine off Goldman’s glister

- Ford’s auction of Jaguar steps up a gear – Friday has been set as the deadline for second round bids.

- The big three euro banks have got their results in, and it’s time to turn to what really matters: who cut bonuses the most?

- Daniel Och of Och-Ziff fame sold up to the emirs and now he’s going to make a killing.

On FT.com this morning,

- Gerry Murphy is to step down as CEO of Kingfisher after five years in the job.

- Expansion in UK manufacturing has slowed to a nine-month low on poor overseas demand.

- Oil is holding out about $95 a barrel in late morning trade, having spiked above $96 earlier. US inventories are at their lowest levels in two years.

- And more worries about the banking sector’s performance on fresh subprime writedowns are holding back stocks and affecting the FTSE.
_______

Click here to sign up for our free 6am Cut email and ensure you’re getting the news you need to plan your day. You will be asked to complete a short registration process, after which the 6.00 AM Cut will appear in your inbox each weekday.

If you have any comments or questions, please contact us at alphaville@ft.com.

Print