Daily Outlook - Dec 3
A New Media Superpower; Heading off a Backlash at Goldman; Unease on Recovery
Comcast lands NBCU in deal that reshapes media
Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how TV shows and movies are made, but how they are delivered to the home. Read Full Article here.
Goldman Sachs meets investors about exec pay: report
Goldman Sachs Group Inc is meeting with major investors in an effort to head off a possible investor backlash over its record bonuses, the Wall Street Journal reported on Wednesday. Read Full Article here.
Monster U.S. online jobs index slips in November
U.S. online job postings fell slightly in November, due to a dip in demand for health care-related positions and employers' continued unease regarding economic recovery, a private research group said on Thursday. Read Full Article here.
Gold at new highs; Asian shares climb
Gold struck its third straight peak in as many days on Thursday because of its investor appeal as a safe asset while Asian stocks advanced as the appetite for risky assets remained strong despite Wall Street's dip. Read Full Article here.
UK banks have $5 bln exposure to Dubai World: report
Four British banks have a $5 billion combined exposure to Dubai World, making them the biggest foreign creditor group at the Dubai state-owned conglomerate, the Financial Times said on Thursday. Read Full Article here.
Bernanke, seeking second term, to defend Fed role
Federal Reserve Chairman Ben Bernanke on Thursday will push back at efforts to curb the Fed's power as he goes before lawmakers considering his nomination to a second term at the central bank's helm. Read Full Article here.
American, TPG offer $1.1 billion to JAL to block Delta
American Airlines said it and other members of the Oneworld airline alliance along with private equity fund TPG are willing to invest $1.1 billion in Japan Airlines <9205.T> to prevent it defecting to Delta Air Lines and the rival Skyteam group. Read Full Article here.
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