News Headlines - 16 November 2011

▽U.K. SFO Said to Start Probe of Japan’s Olympus Corp. - BusinessWeek
U.K. prosecutors are opening a formal investigation into Olympus Corp. after the company said it hid losses from investors, a person familiar with the probe said.

▽Japan pushes for reactor exports even as it debates nuclear policy at home - Washington Post
Despite public criticism, new Prime Minister Yoshihiko Noda has so far answered the conglomerates’ call for support as they try to strike deals with countries like Vietnam, Jordan and Lithuania.

▽Stephen Lawrence trial hears from first witness - The Guardian
A witness to the fatal attack on Stephen Lawrence has described to the Old Bailey how a group of white boys collided with the teenager, overwhelmed him and forced him down to the floor.

▽Bank of England sees 'worsened' economic outlook - BBC
The UK's economic outlook has worsened and the economy could stagnate until the middle of next year, the governor of the Bank of England has said.

▽Merkel ups German demand for political union in Europe - Evening Standard
Angela Merkel today piled further pressure on eurozone citizens to accept her demand for political union as she declared Germany was prepared to let go of its national sovereignty.







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