What the other papers say this morning
FINANCIAL TIMES
Downing Street could ease IPO rules
Fast-growing technology companies would be allowed to float as little as 10 per cent of their business on the London Stock Exchange under proposals being weighed up by Downing Street. High quality global journalism requires investment. Senior figures in the government have given their backing to the proposals which would ease for the technology sector the current requirement that at least 25 per cent of the shares of a listed company be freely tradeable.
Goldman rethinks Dylan royalty bond
Investors have thought twice and decided it’s not alright to take up an unusual bond offering backed by royalties from songs penned by Bob Dylan and other musicians.
Qatar group falls victim to attack
Qatar’s RasGas, one of the world’s largest producers of natural gas, has become the second major state-owned Middle East energy company to be hit by a severe computer virus in weeks.
THE TIMES
Google and Apple hold talks
The first signs of a rapprochement between two of the leading rivals in the smartphone patent war emerged after it was revealed that the chief executives of Apple and Google have held talks on the issue.
EDF ends fixed deal as prices rise
Households are running out of ways to avoid being stung by higher energy bills this winter after one of the UK’s big suppliers ended its fixed deal.
The Daily Telegraph
Sears to drop out of S&P 500
US department store chain Sears is to drop out of the S&P 500, bringing an end to its 55 years in the index. The retailer, which was founded in the 19th century, is one of the original members of the S&P 500.
Graham Norton sells company to ITV
Graham Norton has sold his television production company to ITV, handing the chat show up to £7.7m and paving the way for him to quit the BBC for its commercial rival.
THE WALL STREET JOURNAL
Dow Falls to 4-Week Low
US stocks tumbled after remarks by European leaders escalated fears about the Eurozone and a measure of economic sentiment in the region slid to a level not seen in more than two years.
South Africa charges miners
About 270 miners were charged with the murders of 34 striking colleagues who were shot by South African police officers, authorities said, a development that could further infuriate South Africans.