Just a day earlier, investors had welcomed news that Chesapeake's board of directors would hire an independent chairman, taking away the title from Mr. McClendon, in a bid to restore shareholder confidence in its corporate governance.

WSJ: Chesapeake CEO Apologizes for 'Distractions'

Responding to last year's under-recruitment and in a bid to give universities more confidence in offering places, the Hefce funding council is allowing universities a wider margin for over-recruiting, before they face financial penalties.

BBC: University applications 'not recovering' at deadline

In a bid to restore confidence further, European Central Bank Executive Board member Benoit Coeure said Cyprus is a totally unique case, adding it would be wrong for policymakers to suggest otherwise.

WSJ: Greek Stocks Slump; Investors Play Catch Up on Cyprus Worries

In a bid to restore confidence, European Central Bank Executive Board member Benoit Coeure said Cyprus is a totally unique case, adding it would be wrong for policy makers to suggest otherwise.

WSJ: Greek Stocks Slump, Euro Steady

The Communists and others have launched a symbolic bid for a no-confidence motion in parliament.

ECONOMIST: The shock of the old

First Minister Jack McConnell said he hoped the festival, which he proposed after Inverness lost out in a bid to be the 2008 European city of culture, would help boost growth and confidence in the Highlands.

BBC: NEWS | UK | Scotland | Highlands and Islands | Highland museum given 'facelift'

Officially, the company declined to comment on whether they expect to win, but expressed confidence in the strength of their bid.

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