World business, finance and political news from the Financial Times– FT.com Europe

World business, finance and political news from the Financial Times– FT.com Europe
GLOBAL MARKET OVERVIEW from MARKETS 11:02am
Shares rally sharply on US debt deal

Gold and Treasuries fall but oil rises
Video Obama’s piece of paper US fiscal worries linger after debt deal Obama announces deal on US debt limit London joins relief rally as FTSE 100 makes broad gains
From WORLD 8:30am
Obama announces deal on US debt limit
Proposal still requires Congressional approval
White House Fact Sheet Bipartisan debt deal Full text Obama remarks on debt ceiling deal In depth US budget Gavyn Davies US economic policy is not yet triple A Analysis America’s debt ceiling face-off: The audacity of hopelessness
More news
From COMPANIES 11:05am
HSBC to cut 30,000 jobs
Gulliver outlines plan to cut cost base by $3.5bn by 2013
HSBC will sell 195 US branches UK banks’ jobs cull intensifies Weak results to take toll on UK banks
From MARKETS 11:58pm
LSE chief warns of merger’s threat to UK voice
Rolet says UK under-represented in Europe
Traders cautious on exchanges tie-up Lex London Stock Exchange
From GLOBAL ECONOMY 10:32pm
Lagarde warns EU to speak with one voice
Public discord confused markets, says IMF chief
Lagarde says Europe will deliver in the end In depth IMF
From COMPANIES 8:46am
Macarthur open to offers after failed A$4.7bn bid
Peabody and ArcelorMittal launch hostile bid for Australian miner
Peabody in new Macarthur move Lex Macarthur Coal / Peabody Energy
More stories
Emerging market woes hit TNT Express profits
UK manufacturing contracts for first time in two years
Corporate Japan warms to Chinese investors
Fray Bentos slice of history for sale
Kuwait Airways to sell $280m stake
The burden of public debt

How can one compare the level of debt for a major power like the US with a smaller country like Peru?
From COMPANIES 9:41am
EADS acquires Vizada for $960m
Satellite communications company a strategic buy for aircraft maker
EADS forecasts aircraft sales to take off Customers forced Boeing’s hand on new engine option
From GLOBAL ECONOMY 10:11pm
EU seeks to speed funds to weak economies
Brussels move to revive Greece and five other nations
Editorial Comment Spain occupies the eurozone front line
From WORLD 3:45am
China PMI shows signs of stabilising
Official figure for July higher than expected
Lex inventories China becomes hurdle to global mergers Drive to cool China property boosted

From WORLD 7:00pm
Syrian troops kill over 100 in Hama
Troops massing outside other centres of resistance