The Artesian blog takes a look at the business headlines, For personalised daily news, contact Artesian
Brown calls for cap on bankers' bonuses - Gordon Brown has turned up the heat on bankers by calling for an international debate on a possible cap on bonuses in the financial sector.
Mr Brown said that the countries attending the G20 meeting in Pittsburgh this month would debate whether "bonuses are, in general, too high a proportion of company revenues and profits". (full story)
Disney to buy Marvel in $4bn deal - Entertainment giant Walt Disney is to buy Marvel Entertainment in a shares and cash deal valued at $4bn (£2.5bn).
The deal means Disney will take over ownership of 5,000 Marvel characters, such as Spider-Man and the X-Men. (full story)
Manufacturers Worried By Lack Of Credit - Low interest rates and efforts by the Government to free up liquidity in the banking system have failed to significantly improve credit conditions, new research says.
A survey of 560 companies by the Engineering Employers Federation (EEF) found that credit conditions remain "very tight". (full story)
EBay to sell Skype to private investors - Internet auction and services company EBay Inc (EBAY.O) has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York Times said, citing two people briefed on its plans.
Andreessen Horowitz, a new venture capital firm headed by the Netscape co-founder Marc Andreessen, is likely to be among the investors in the group, the paper cited the people as saying. (full story)
Losses at Jaguar Land Rover send parent Tata into red - Jaguar Land Rover (JLR) suffered from the continued slump in the automotive industry in the three months to the end of June, which drove parent company Tata Motors into a loss for the quarter. Yet the group is confident that with new funding and aggressive cost-cutting, it will be in a good position when the market returns to growth.
Tata, which bought JLR from Ford last year in a deal worth $2.3bn (£1.4bn), swung to a 3.2bn rupee loss (£41.6m) in its first financial quarter after posting net profits of 7.2bn rupees in the corresponding period in 2008. (full story)
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