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  • Breaking news

Principal content

Putin rails against US foreign policy

Vladimir Putin threw down the gauntlet to the west in a confrontational speech at a security conference in Munich, attacking US unilateral military action and arguing it had made the world more dangerous.

Nasdaq concedes on LSE as offer lapses

Acceptances give Nasdaq only 29pc

Obama pledges to ‘transform’ politics

Clinton’s chief rival vows to unify America

Related content and features

Fortress surges on market debut

IPO compared to 1990s dotcom frenzy

Volcker to probe World Bank graft unit

Review of key Wolfowitz initiative

EU unveils plans for telecoms watchdog

Groups face tougher regulatory scrutiny

Berlin seeks G7 support on hedge funds

Plans for joint report into trillion-dollar sector

Brussels rejects Airbus subsidy claims

Biggest trade conflict handled by the WTO

Banks net bonus payments in EADS deal

Group pays DaimlerChrysler €1.5bn for stake

Lex

Fortress

If you are going to build something in the air, pick a moniker that invokes confidence. Even Fortress must be surprised by the mad scramble for its shares.

7 days

News Review

A week in review

Blackstone trumped Vornado in the battle for Equity Office Properties, securing the US group for $38.9bn. It is the largest leveraged buy-out on record: FT.com reviews the top stories from the past week.

Markets

Essen haunted by spectre of yen

Ivar Simensen

As the Group of Seven’s finance ministers gather in Essen, anyone with shares in a German blue-chip company should keep a close eye on proceedings.

Comment

Licensed to curb a retail leviathan

Christopher Caldwell

The evidence that Wal-Mart is sexist looks feeble, but there is
a pervasive sentiment that it needs to be taken down a peg, writes Christopher Caldwell

America’s striving general

US and Iraq flag

When a US army officer receives his fourth star, it would normally be a crowning moment. But the circumstances around the promotion of General David Petraeus were anything but normal.

House & Home

‘I have a heart-felt aesthetic’

Giorgio Armani

Giorgio Armani, 73, is the president and chief executive of the eponymous fashion and lifestyle design house, which has 300 retail stores in 39 countries.


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