PRESS DIGEST – Financial Times – Nov 8

The Financial Times

ZOELLICK SEEKS GOLD STANDARD DEBATE

The head of the World Bank said that leading economies
should consider readopting a modified gold standard to guide
currency movements and inflation.
http://www.ft.com/cms/s/0/eda8f512-eaae-11df-b28d-00144feab49a.html#axzz14fMNa4D0

DHL CHIEF PROMISES ACTION OVER BOMB FEARS

Express delivery company DHL [DHL.UL] promised better
screening of customers and packages before they reach airports
in response to recent parcel bombs sent from Yemen and
Greece.http://www.ft.com/cms/s/0/905d4a42-eaa0-11df-b28d-00144feab49a.html#axzz14fMsuG4a

BANKS CALL FOR BASEL III REWRITE

Some of the biggest trade finance providers, led by HSBC
(HSBA.L: ) and Standard Chartered (STAN.L: ), are lobbying to have
tough new capital rules toned down, saying world trade could be
severely hampered.
http://www.ft.com/cms/s/0/fcc537a4-eaae-11df-b28d-00144feab49a.html#axzz14fNJjahU l

SIEMENS SET TO BOOST DIVIDEND

Siemens (SIEGn.DE: ) is to announce a large dividend increase
over last year’s 1.60 euros a share in a move to attract
long-term investors.
http://www.ft.com/cms/s/0/df9f3014-ea9d-11df-b28d-00144feab49a.html#axzz14fNgyuBv

CANADA TO TOUGHEN RULES ON FOREIGN INVESTMENT

In the wake of BHP Billiton (BHP.AX: )’s bid for Potash Corp
(POT.TO: ) Canada is planning to toughen its rules on foreign
investment to force greater transparency and accountability from
investors.
http://www.ft.com/cms/s/0/2a8dd890-ea68-11df-b28d-00144feab49a.html#axzz14fNzVC3f

(Summary compiled by Reuters)

PRESS DIGEST – Financial Times – Nov 8