News Headlines - 11 November 2012
▽BBC director-general Entwistle resigns - FT.com
George Entwistle has resigned as director-general of the BBC saying it was the “honourable thing” to do in light of a series of journalistic scandals that have racked the broadcaster. Mr Entwistle had been in the post only since September 17.
▽Jimmy Savile: police arrest third man over historic sex abuse allegations - Telegraph
Detectives investigating child abuse allegations in the wake of revelations about Sir Jimmy Savile today arrested a man in his 70s “on suspicion of sexual offences”.
▽Power exports peak, despite nuclear phase-out | Germany | DW.DE | 11.11.2012
Renewable energy sources are booming in Germany, and electric utilities exported more power in 2012 than ever before. But energy experts warn that what sounds like progress has its downsides.
▽Royal Mail profits to jump and open door for IPO - Telegraph
Officials and bankers working on the sale say Tuesday’s figures are the crucial test of whether the business will be ready for a float in the third quarter of next year, which could raise ￡2bn, reports the Sunday Times.
A two-decade slump in Japan's real estate prices, an incomplete land registry and lax rules on buying forest with water rights are attracting investors led by China and come amid a fraying of ties between the two countries over a territorial dispute. Some areas of remote woodland in Japan, the only country in the Asia-Pacific region that doesn't regulate property investment by foreigners, can be bought for 60 U.S. cents a square meter including groundwater.
