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Finance and Banking The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("the Act") begins sweeping reform for the U.S. financial system. It requires new and existing regulatory agencies to undertake more than 50 studies of the financial system and more than 250 instances of rulemaking. www.mondaq.com
Anglo Irish Bank losses hit record level in first half Bailed out Anglo Irish Bank on Tuesday reported the biggest first-half loss in Irish corporate history hit by soaring bad debt and a weak economy forcing the cash-strapped government to put in even more money to keep it afloat. uk.news.yahoo.com
America no longer needs Chinese money, for now As the Sino-American showdown in the South China and Yellow Seas escalates into the gravest superpower clash since the Cold War, the United States cannot wisely rely on China to help fund its budget deficit for any longer. www.telegraph.co.uk
Empty seats challenge cricket authorities David Bond on why Test cricket is not the draw it once was www.bbc.co.uk
Spain's ACS, CVC reach £1.4 billion deal on Abertis By Tracy Rucinski and Jonathan Gleave www.iii.co.uk
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