And in the real world... Nokia, Diageo, Betfair, BMI and more

LONDON - Today's round-up of the biggest business stories.

The World...latest business news
The World...latest business news

Nokia has pledged it will produce mobile phones to rival Apple’s iPhone.
Source: Financial Times

Business confidence in the UK is at its highest level since the recession began, according to the quarterly Business Confidence Monitor, which has predicted that the recession is near to an end.
Source: Daily Telegraph

Lufthansa is planning to sell its loss-making subsidiary BMI, with reports suggesting it may already be in talks with Virgin over a sale.
Source: Daily Telegraph

Diageo, the drinks maker, is expected to report full year tax profits of around £2.2 billion later this week.
Source: Daily Telegraph

Betfair, the internet gambling business, is pondering a possible £1.5 billion stockmarket flotation.
Source: Guardian