Financial Times: Global business: Ex-KPMG partner given Rolex for tips, Greifeld bonus...

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Global Business
Friday April 12 2013

Companies news and analysis - FT.com

Ex-KPMG partner given Rolex for tips

US attorney's office in Los Angeles filed a criminal complaint charging London with one count of conspiracy to commit securities fraud
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/4VSTAQ/36/h?a1=2013&a2=4&a3=12

Greifeld bonus cut over botched Facebook IPO

Some of Wall Street's biggest brokers claimed they suffered about a total of $500m in losses due to glitches during networking site's debut
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/UL4STN/36/h?a1=2013&a2=4&a3=12

Woodside to rethink $45bn Browse

Australian oil and gas group rethinks LNG project after finding that cost escalation meant the current plan would not deliver the required commercial returns
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/CW1CKZ/36/h?a1=2013&a2=4&a3=12

Google helps users plan digital afterlife

Product launch is the most high-profile address of people's concerns about what will happen to their digital content following their death
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/20Q126/36/h?a1=2013&a2=4&a3=12

JC Penney seeks Blackstone advice on cash

Weak state of retailer's business – its sales tumbled 25% to $13bn in the past year – is likely to limit bargaining power with potential investors
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/CW1CK8/36/h?a1=2013&a2=4&a3=12

Israeli tycoon sues former UK minister

Battle for one of Africa's richest untapped mineral deposits has reached into the heart of the global elite with Steinmetz legal action
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/LS0WFR/36/h?a1=2013&a2=4&a3=12

MetroPCS investors support revised offer

Two hedge funds that had opposed Deutsche Telekom's deal to reverse merge its T-Mobile USA unit with MetroPCS said they would back the sweetened terms
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/JQ659Q/36/h?a1=2013&a2=4&a3=12

Investor assault on BP pay awards

Standard Life Investments charges that executives 'have potential to receive significant rewards for unchallenging performance targets
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/NRVKNK/36/h?a1=2013&a2=4&a3=12

Prices blow an ill wind for turbines

Profit margins of wind turbines manufacturers are hit as prices for engines have fallen by a third in the past four years despite soaring demand
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/Q3ZIUO/36/h?a1=2013&a2=4&a3=12

Man looks beyond AHL in fund Odyssey

After a torrid few years the world's second largest hedge fund manager by assets is rethinking its once lucrative brand
http://link.ft.com/r/QM42II/PN85AS/3OQMVW/SPS6KH/LS0WRV/36/h?a1=2013&a2=4&a3=12

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