News Headlines - 22 October 2011

▽Olympus trail reaches elusive banker's Florida home - Reuters
A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip company Olympus Corp, according to documents provided by the company's ex-CEO.

▽Olympus's $687 million advisory fee sets M&A record - Reuters
The $687 million fee Japan's Olympus Corp paid its financial advisers for the $2.2 billion purchase of a British medical equipment maker is one for the record books, literally.

▽Google, PE firms mull bid for Yahoo: WSJ - Reuters
Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc's core business, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.

▽Elderly people 'read iPads three times faster than normal books' - Daily Mail
Old people read faster than normal on an iPad, even though most claim to prefer 'real books', a study shows.
German researchers discovered that people of different ages could read just as well from iPads and Kindles as they do from traditional books.
In fact, old people read even faster using the the iPad as it made reading easier than both the Kindle and traditional book.

▽Global warming study finds no grounds for climate sceptics' concerns - The Guardian
The world is getting warmer, countering the doubts of climate change sceptics about the validity of some of the scientific evidence, according to the most comprehensive independent review of historical temperature records to date.
Scientists at the University of California, Berkeley, found several key issues that sceptics claim can skew global warming figures had no meaningful effect.







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