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2:00am
Media crowd
...the ex-Merrill Lynch banker, who joined Global Leisure Partners, a specialist media and leisure firm. Mr Metcalf helped GMG on the partial sale of Trader Media Group to Apax Partners in 2007 when he was at Merrill.Meanwhile, on the BSkyB... By Emiliya Mychasuk and Emiko Terazono
3:45am
Sri Lanka president dissolves parliament
...landslide. “The elections will be held on April 8 and the new parliament will convene on April 22,” Chandrapala Liyanage, a media officer at the president’s office, said. Parliament completes its six-year term on April 22. After losing the presidential... By
3:05am
SMIC announces management overhaul
...chief business officer. Mr Yang comes from Chartered Semiconductor, SMIC’s larger rival. Mr Tseng worked at China Solar Corporation with Mr Wang before and was at Quanta Computer, UMC, the world’s second-largest contract chipmaker, and Philips Taiwan... By Kathrin Hille in Bejing
2:00am
Chinese fund fillip for oil and gold ETFs
...fund is the fourth-largest investor in the US Oil exchange-traded fund and yesterday it emerged that China Investment Corporation had also taken a small stake in the SPDR Gold Trust, the largest physically backed ETF. The stake of 1.45m shares is... By Chris Flood and Gregory Meyer
2:00am
Europe's post-trade dilemma
...settlement. By contrast, the US has one, quasi-utility clearer for cash equities in the Depository Trust & Clearing Corporation.Clearers in Europe started to compete with each other with the advent of Mifid - the markets in financial instruments directive... By Jeremy Grant
2:00am
Olympic Park costs to climb by £160m
...it now expects only £100m because of the fall in property prices, although the reduced value will cut £45m from its corporation tax bill.With half the construction completed, the ODA said the anticipated final cost of the project had risen by only... By Roger Blitz, Leisure Industries Correspondent
2:00am
GMG sells its regional titles to Trinity Mirror
Guardian Media Group has sold its regional media business to Trinity Mirror in return for just £7.4m in cash...newspaper was founded. Trinity Mirror will become the dominant media group in north-west England.However GMG has failed to offload... By Salamander Davoudi
2:00am
Sex, drugs and rock 'n' roll - but what about the profits?
...a just rebuke to those who would treat media as merely another industry. Creative people...000 budget for fruit and flowers.So media businesses are not to be run by ordinary...banned from US boardrooms.The notion that media industries are different is challenged... By John Kay
2:00am
España paranoica
...financial markets and the international media to take down the euro. So my colleague...pointed out on Alphaville. And the Spanish media went bonkers, because the FT had already...need to pull themselves together. The media is just carrying the message of the markets... By James Macintosh
2:00am
Disney chief hails Apple's iPad
...delivered a ringing endorsement of Apple's iPad yesterday and said the media company was developing content and special features for the new device as it...0.4 per cent, to $29.96 in after-market trading.www.ft.com/media By Matthew Garrahan