|Overnight we have had a glut of Japanese data released, and most of it has been impressive. In particular, industrial production in October surged by 2.4% MoM, 0.4% YoY, compared to expectations looking for 1.1% MoM, -1.0% YoY. In spite of the encouraging turn of momentum in Japan, the overall tone of investor sentiment remains negative – caused predominantly by yesterday’s spate of bank…|
Archive for November, 2011
The Federal Trade Commission said Tuesday that Facebook has agreed to settle charges that it misled consumers about its use of their personal information. The proposed settlement requires the social networking site to respect the privacy wishes of its users in future and also subjects it to regular privacy audits every two years for the next 20 years.
The Federal Communications Commission on Tuesday agreed to allow telecom giant AT&T Inc. (T) to withdraw its application seeking regulatory approval of its proposed $39 billion acquisition of Deutsche Telekom AG’s (DTEGY.PK) T-Mobile USA.