FT.com - Financial Markets News
The dollar remained under pressure against its major trading partners following weak housing data on Friday which which added to investors' fears that the American economy may sink into recession
MarketWatch.com - MarketPulse
LONDON (MarketWatch) -- The Financial Services Authority is probing a jump in the share price of U.K. waste services group Biffa ahead of an announcement in November that it had received a 1.2 billion pound ($2.4 billion) takeover bid, according to a report in the Times (of London) newspaper. The report said the FSA has written to various parties involved in the talks to ask what they knew about any possible bid before buyout groups HgCapital and Montagu Private Equity revealed their offer. The inquiry is a part of a continuing focus at the regulator on insider trading ahead of major announcements, the newspaper added.