Can’t-miss stories from the web
High-frequency traders can now buy data faster than you
Because they didn’t have enough of an advantage already.
Canada hinting at reciprocity for Nexen deal
Both Prime Minister Stephen Harper and Industry Minister Christian Paradis have indirectly tied CNOOC’s bid for Nexen to increased access to Chinese markets.
Wall Street granted brief reprieve
Federal regulators have quietly postponed another set of new rules.
Progress shareholders OK Petronas buyout
Shareholders in Canada’s Progress Energy Resources Corp have approved a takeover bid from Malaysia’s state oil company Petronas at $22 a share, or almost $6-billion.
SocGen negotiating Geniki sale to Piraeus
Societe Generale on Wednesday confirmed that it was in talks on a potential sale of its Greek unit Geniki Bank to Piraeus Bank, saying the discussions were at an “advanced stage”.
Big bet on metallurgical coal haunts miners
Four of the largest U.S. coal producers are feeling the pain after a series of bets on metallurgical coal went sour due to falling Chinese demand.
Coming to a (U.S.) billboard near you: Hedge fund ads
We’d love to see Don Draper work on this.