Media Digest (6/27/2011) Reuters, WSJ, NYT, FT, Bloomberg

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China is worried that inflation will be above the government goal and result in higher interest rates as its economy slows. (Reuters)

David Solomon may be the next CEO of Goldman Sachs. (NYSE: GS) (Reuters)

French Finance Minister Christine Lagarde will become IMF chief. (Reuters)

Nokia and Siemens have not been able to find an investor to take control of their troubled joint venture. (WSJ)

There may still be antitrust problems with the Deutsche Borse merger with NYSE. (NYSE: NYX)

Personal, company, and sovereign debt may throw the recovery off track. (WSJ)

Investors have sold mortgage bonds and put money into safer instruments which could cause some financial firms losses. (WSJ)

Global regulators will force the largest banks to have more capital. (WSJ)

Obama may ask automakers to double the fuel efficiency of their fleets to 56.2 mpg by 2025. (WSJ)

Chipotle will raise prices to cover higher commodities costs. (WSJ)

French banks may roll over debt to help a restructuring of Greek debt. (WSJ)

CFOs of large companies are still worried about oil prices. (WSJ)

Votes in Greece’s parliament this week will set policies that determine whether the nation will receive bailout dollars. (WSJ)

A fall in China’s real estate prices has caused concerns that the sector is over-leveraged. (WSJ)

The number of adults worldwide with diabetes has doubled in 30 years to 350 million and tripled in the US. (WSJ)

The LulzSec hacker group which has been responsible for the compromising of many high profile networks has disbanded. (WSJ)

Hulu’s owners worry that a sale to an outside firm may hurt their ability to distribute content through friendly hands. (WSJ)

Sina has become China’s Twitter and will enter the market Facebook controls in other countries. (WSJ)

Microsoft (NASDAQ: MSFT) will release a cloud version of its Office product. (WSJ)

Walmart (NYSE: WMT) plans to press for more growth outside the US. (WSJ)

The move into Treasuries as a safe haven has pushed yields to near zero. (WSJ)

It will be hard to get crude from the strategic oil reserve to market. (WSJ)

Genentech will fight an FDA decision to pull approval of Avastin for breast cancer treatment. (NYT)

Companies have set up in-house social networks. (NYT)

EU regulators have raised the issue of global internet regulation. (NYT)

S&P says investors could lose $100 billion if the credit rating of the US falls. (FT)

The BIS said growth must slow in developing nations to keep inflation in check. (FT)

China said it was a long-term investor in EU bonds and debt in some weak sovereign nation paper. (Bloomberg)

Douglas A. McIntyre