On FT Alphaville this morning,
- Too much credit crunch gives you bad teeth. Time for regulators to play dentist?
- You (almost) heard it here first: BHP Billiton launches a bid for Rio – valuing the rival miner at £52bn. Shares in Rio rocketed up 27 per cent in morning trade.
- Meanwhile it’s also one giant leap for Man – interim profits up 21 per cent.
- But, says Lombard, Junk mail won’t save Northern Rock
On FT.com this morning,
- The Bank of England keeps interest rates on hold at 5.75 per cent.
- Carphone Warehouse announces aggressive expansion plans in the US
- Siemens announces plans for a massive €10bn share buy back
- And UK house prices fell again in October. Down .5 per cent.
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