Global business: UK pension deficits set to rise by £100bn, Bertelsma...


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Financial Times
Global Business
Monday April 15 2013

Companies news and analysis - FT.com
 
UK pension deficits set to rise by £100bn
Shortfalls increase despite rise in share and bonds markets because low interest rates reduce amount by which liabilities can be discounted
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/XBKP2R/RF/h?a1=2013&a2=4&a3=15
 
Bertelsmann Foundation disputes US rating
Group's International Nonprofit Credit Rating Agency (Incra) certifies the US as AA+ rather than triple A, citing political gridlock
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/9M3CE5/RF/h?a1=2013&a2=4&a3=15
 
Hopes rise on Lehman payout
Administrators PwC said there was a 'reasonable chance' of repayment in full of the £15bn in unsecured claims, following a string of legal victories
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/Z8Y1ZU/RF/h?a1=2013&a2=4&a3=15
 
Dividend recaps make return in Europe
Buyout fund managers have returned €2.3bn through refinancings in the first quarter, 20% more than the dividends they took for the whole of last year
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/SUMJ6A/RF/h?a1=2013&a2=4&a3=15
 
Yield hunt boosts Asian junk debt
Junk-rated borrowers have so far raised $18.1bn in the market this year, bettering the previous full-year high of $16.2bn set in 2010, according to Dealogic
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/7ZFOYE/RF/h?a1=2013&a2=4&a3=15
 
Retreat in sales of PCs turns into rout
New Windows version aimed at working better with tablets has not stemmed the decline
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/NRVITZ/RF/h?a1=2013&a2=4&a3=15
 
BP has chance to rebut misconduct claims
Trial has been an exercise in damage limitation, but questions remain
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/FDHMRS/RF/h?a1=2013&a2=4&a3=15
 
Pensions investment set to grow in Spain
Executive chairman of the country's largest insurer says there has been demand for life assurance as confidence in savings accounts has been dented
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/T15RO4/RF/h?a1=2013&a2=4&a3=15
 
BT and Sky kick off pub sports price war
Sky has already offered some large pub groups heavy discounts of up to 30%, people with knowledge of recent negotiations say
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/VTWNV1/RF/h?a1=2013&a2=4&a3=15
 
UK investors shrug off profit warnings
Reaction to bad news has become much more muted, says E&Y, partly because shareholders lack alternatives to equities
http://link.ft.com/r/J0VG55/CWJOYI/26E7C4/FK73ON/GYB5NJ/RF/h?a1=2013&a2=4&a3=15
 
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