Principal content
Merkel boosted by fall in German jobless
Boosted by a raft of positive economic and labour market data, the German government claimed it had defied doomsayers who had predicted that the economy would suffer from last month’s rise in value added tax.
Fed sees progress on inflation
Markets jump as rates stay on hold
UK police hold nine in terror arrests
Alleged plot to kidnap Muslim soldier
Related content and features
IMF advised to sell $6.6bn of gold
Fund’s financial problems scrutinised
Google net revenues surge 67 per cent
Group squeezes higher returns from advertising
Altria ready to spin off Kraft
Group hopes smokeless tobacco will lift US consumption
Tata sees $350m in savings via takeover
Indian steelmaker wins control of Corus
US Airways abandons hostile bid for Delta
Delta’s creditors had refused access to books
Telekom chief puts reputation on the line
Follows weekend profits warning
Lex
Climate change
Climate change is no longer a fringe issue; even investment bankers are worried about it. Lehman Brothers and UBS both published reports on the subject on Wednesday.
Comment
Just rolling back India’s state is not enough

Private universities cannot compensate for a dilapidated public education system that has left almost a third of the population illiterate, says Guy de Jonquières.