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Lunch Wrap

On FT Alphaville Wednesday morning,

- BP’s “giant” discovery.

- The return of merger Mondays?

- Lloyds (not) sounding out investor for a cash call.

- KBC shocks market by actually paying bond coupons.

- Getting busy with beta.

- Prepare for shipping wars after AP Moller Maersk’s share placing.

- Blankfein bounces to the top of the “new establishment”.

- Debating the Fed purchase lockdown.

- Investing like a psychologist in Further reading.

- Forgetting the Tobin tax in Pink picks.

- Bloomberg terminals, Yell and retailers in Markets Live.

On FT.com,

- EU wary on withdrawing fiscal stimuli.

- Oil prices climb after sell-off

- London shares fall further as risk appetite wanes.

- Growth surprise boosts Australian dollar.

- Maersk to raise $1.8bn to boost flexibility.

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