2011.08.19

News Headlines - 19 August 2011

▽Economy 'teetering' on edge of recession - BBC
http://news.bbc.co.uk/today/hi/today/newsid_9568000/9568215.stm
Stocks in Europe have started the day with more losses, after Asian stocks had fallen overnight on continued fears about a global economic slowdown.

▽Phone hacking: Met police detective arrested - The Guardian
http://www.guardian.co.uk/media/2011/aug/19/phone-hacking-detective-arrested
A police detective has been arrested on suspicion of leaking details about Scotland Yard's phone-hacking investigation.
The man has not been charged but he has been suspended by the Metropolitan police.

▽Murdoch tabloid private eye to reveal hacking orders - Reuters
http://www.reuters.com/article/2011/08/19/newscorp-hacking-mulcaire-idUSL5E7JJ3MG20110819
A private detective jailed for illegally intercepting voicemail messages on behalf of a journalist at one of Rupert Murdoch's British newspapers has been ordered to reveal who asked him to carry out the phone-hacking.

▽Big fall in Government borrowing - The Press Association
http://www.google.com/hostednews/ukpress/article/ALeqM5hvNEwdmxPaarNIJllqpxKAakeGoA?docId=N0470541313719730203A
Government borrowing fell drastically last month, figures have revealed, but economists still fear it will miss deficit reduction targets for the year.

▽Search specialist Autonomy to sell for £7.1bn in HP software move - Scotsman
http://thescotsman.scotsman.com/business/Search-specialist-Autonomy-to-sell.6821838.jp
SHARES in Autonomy soared by more than 71 per cent yesterday after the Cambridge-based software company recommended a £7.1 billion offer from Hewlett-Packard that will net its founder more than £500 million.
The US tech giant has agreed to buy the FTSE 100 company in a strategy change that will also see it spin off its personal computer business to reinvent itself as a higher-margin, software- focused company.


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