Investment and Finance

Investment and Finance
Financial Times - US homepage
Financial Times - US homepage

Move to block BP from US drilling BP would be blocked from winning future drilling permits in the US because of its safety record under energy legislation passed by the House of Representatives US growth slows in second quarter US growth slowed to an annualised rate of 2.4 per cent in the second quarter but robust business demand suggested that the economy would avoid a feared ?double dip? that could drag the world back into recession The world?s banks take a holiday from regulation As they break for the summer with their bonuses intact, bankers reflect that it could have been a lot worse, writes John Gapper Hollywood theme park scripted for India Reliance Big Entertainment and Universal Studios are close to signing an agreement to build a $1.5bn film-themed resort with a Bollywood twist China closer to becoming second-largest economy A senior Beijing official?s reference to China as the ?world?s second-largest economy? has sparked excited speculation that Asia?s new powerhouse may have already reached a long-looming milestone by surpassing Japan