Principal content
Sarkozy vows to loosen the 35-hour work week
Nicolas Sarkozy, the flagbearer of France’s Gaullist right, promised a ‘real economic revolution’ if he won the presidential elections in May by offering employees new tax incentives to earn more money by working longer hours.
Serbian poll clears way for EU rapprochement
Strong showing by Democrats welcomed
Credit Suisse plans $6.4bn share buyback
Follows sale of Winterthur to Axa
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Further example of ‘resource nationalism’
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Swatch gains as sales please
US and EU edge towards world trade deal
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Car bombs blast Baghdad, killing 65
Simultaneous attacks hit commercial area
Comment
Europe’s constitution may not be dead after all

There is a reasonable chance that the EU may end up with a constitutional treaty before the end of the decade, Wolfgang Munchau. writes. The good news is that we are no longer living in the black-and-white world of a year ago: or nothing at all.
Lex
Credit Suisse buyback
A further SFr8bn buyback over the next three years is a sign that Credit Suisse is keen to buy itself more time.
Comment
An accident waiting to happen in Walter Mitty land

In retail financial markets the search for yield has long been over. As the recent results of JPMorgan Chase, HSBC, Wells Fargo and others have shown, bad debts are creeping up, writes John Plender