Daily Digest for May 21st

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Japan’s economy shrinks record 4%: Japan’s economy shrank a record 4.0 per cent in the first quarter as companie.. http://tinyurl.com/q9jxfj [#]
5:47am via Twitter
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Julius Baer to spin off funds unit: Julius Baer, the Swiss banking group, surprised investors by saying it would.. http://tinyurl.com/pbs4wk [#]
9:47am via Twitter
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Lloyds warns EU may insist on disposals: Lloyds Banking Group believes it might have to sell off assets to win E.. http://tinyurl.com/o4egge [#]
2:47pm via Twitter
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Deere quarterly profits fall by 38%: Deere & Company, the world’s biggest maker of tractors and other farm machi.. http://tinyurl.com/pxkche [#]
2:47pm via Twitter
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BofA capital-raising lifts mood on Wall Street: US stocks were set to rebound following moderate losses as inves.. http://tinyurl.com/oqxbcf [#]
3:47pm via Twitter
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Geithner says $124bn of Tarp available: Timothy Geithner, US Treasury secretary, said that there were at least $.. http://tinyurl.com/pqc4yk [#]
4:47pm via Twitter
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Iran ‘launches advanced missile’: Iran successfully launched a surface-to-surface missile with a range of about .. http://tinyurl.com/rdwcme [#]
6:47pm via Twitter
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Gold jewellery demand sinks as slump bites : Gold jewellery demand fell to its weakest level in almost 20 years .. http://tinyurl.com/pkk2sp [#]
7:47pm via Twitter
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US investors get to nominate boards: New rule will allow large shareholders such as pension funds to nominate up.. http://tinyurl.com/pjrr9d [#]
8:47pm via Twitter
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California faces deep budget cuts: Deep cuts are expected in California following the ballot defeat, which will .. http://tinyurl.com/prj4fu [#]
8:47pm via Twitter
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Cannes hit by cutbacks and caution: Economic reality has gripped the film market at this year’s 62nd film festiv.. http://tinyurl.com/qjcbz2 [#]
9:48pm via Twitter
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Funds move to halt Chrysler restructuring: Indiana state pension funds have asked a New York court to halt the c.. http://tinyurl.com/p4a9tb [#]
10:48pm via Twitter
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Fed faith grows from April’s wary optimism: Federal Reserve policymakers saw "some signs pointing to economic st.. http://tinyurl.com/oyv5sv [#]
10:48pm via Twitter
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Google drops newspaper buy idea: Google has considered buying a newspaper or using its charitable arm to support.. http://tinyurl.com/oc5mst [#]
11:48pm via Twitter
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Target misses the mark: Target, the US discount retailer, underlined how far it has slipped behind its larger ri.. http://tinyurl.com/q6ws7l [#]
11:48pm via Twitter
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BofA seeks to repay $45bn by end of year: Bank of America wants to pay back $45bn in bail-out funds by the end o.. http://tinyurl.com/p9yug7 [#]
12:47am via Twitter

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