US car sales rose strongly in September, with gloom over economic prospects offset by consumers’ need to replace old vehicles, easier credit conditions and an improved supply of Japanese vehicles, the FT reports . According to preliminary data, http://ftalphaville.ft.com/thecut/2011/10/04/691716/us-car-sales-rebound…
Global stocks fell to a 15-month low on Tuesday, Reuters reports, pinning Asian stocks near a 16-month low, as investors shed riskier assets on growing doubts over Greece’s ability to avoid default, fuelling fears of global financial turmoil and recession. http://ftalphaville.ft.com/thecut/2011/10/04/691656/stocks-
Qatar Holding, an arm of the gulf state’s sovereign wealth fund, is planning to create a standalone investment vehicle to buy stakes in, or take over, gold companies, reports the FT. According to several people familiar with the fund’s plans, http://ftalphaville.ft.com/thecut/2011/10/03/691556/qatar-holding-to-cre…