Financial Times: Global business: Qualcomm forecasts $600m revenues lift, JPMorgan und...

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Global Business
Thursday April 25 2013

Companies news and analysis - FT.com

Qualcomm forecasts $600m revenues lift

Qualcomm supplies processors and radio chips for smartphones, whose shipments are expected to grow at 20% a year to 1.7bn in 2017, says Gartner
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/SU5Z24/B7/h?a1=2013&a2=4&a3=25

JPMorgan under pressure in Basel spat

European groups accused the lender and other US banks of putting their own interests ahead of their clients in a spat over bank capital rules for derivatives
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/VTX577/B7/h?a1=2013&a2=4&a3=25

Starbucks seeks fresh US tax breaks

Move would make it more lucrative for Starbucks to own and operate its own stores internationally, rather than through franchisees
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/Q372CT/B7/h?a1=2013&a2=4&a3=25

Permira raises half of target for new fund

After 19 months securing commitments from investors the UK group has moved towards a fundraising target that is a fraction of its last fund
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/A5UNRG/B7/h?a1=2013&a2=4&a3=25

P&G sales growth falls short of forecasts

Consumer goods company is in the midst of a drive to cut costs and improve the efficiency of its operations as sales growth falls short of expectations
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/1OQYXZ/B7/h?a1=2013&a2=4&a3=25

Investors rebuke Barrick Gold over bonus

More than 85% of shareholders vote against co-chairman John Thornton's bonus despite an impassioned defence by the group's founder Peter Munk
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/MJVOBA/B7/h?a1=2013&a2=4&a3=25

Citigroup quells shareholder revolt on pay

California-based pension fund says Citi had made improvements to its bonus scheme, which was widely criticised as having soft targets
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/VTX57J/B7/h?a1=2013&a2=4&a3=25

China reels in Hollywood studios

Studios look to capitalise on a box-office market that soared 36 per cent to $2.7bn in 2012, fuelled by US blockbusters and Chinese-made films
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/6AFSQ2/B7/h?a1=2013&a2=4&a3=25

BT seeks mobile partner in 4G push

UK group begins tender for operator in renewed drive into sector, setting up a potential reunion with O2, the mobile operator it spun off 12 years ago
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/7ZNJQT/B7/h?a1=2013&a2=4&a3=25

Nespresso's bitter taste of defeat

Nespresso shot itself in the foot by sending 40 machines to customers to test in Belgium and Switzerland in 2004, thus invalidating its patent
http://link.ft.com/r/5F39HH/HIU6VT/9ZND5E/DWA7EX/WHK47X/B7/h?a1=2013&a2=4&a3=25

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