In today's FT: Data shift to lift US economy 3%, Banks put damper o...


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Financial Times
In today's FT
Monday April 22 2013

Financial Times - UK Homepage
 
Data shift to lift US economy 3%
Billions of dollars of intangibles such as motion pictures and R&D will enter GDP for first time, reflecting the changing nature of US output
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/6AFXEM/36/h?a1=2013&a2=4&a3=21
 
Banks put damper on Osborne lending hopes
Chancellor to announce extension of business credit scheme in next two weeks amid pressure on policy makers to boost growth
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/ULWOA2/36/h?a1=2013&a2=4&a3=21
 
Three more executives leave ENRC
Company secretary Victoria Penrice, human resources boss Tony McCarthy and Stuart Nolan, group head of reward, the latest in string of exits
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/9MPYS3/36/h?a1=2013&a2=4&a3=21
 

Financial Times - US homepage
 
Banks pull back from risky regions
Risks can be especially high in correspondent banking, when ultimate exposure does not fall under direct aegis of own risk management
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/IE6NLI/36/h?a1=2013&a2=4&a3=21
 
Regulator urges end to auditor anonymity
Chairman of the Public Company Accounting Oversight Board says investors in favour of ending anonymity of those vetting accounts
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/XBDVMC/36/h?a1=2013&a2=4&a3=21
 
Debate rages on Boston suspect's trial
Republicans urge Obama administration to treat surviving suspect as an enemy combatant and try him in military tribunal when charges are filed
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/IE6NL3/36/h?a1=2013&a2=4&a3=21
 

Financial Times - Europe homepage
 
Businessmen warn against Italian impasse
Confindustria, Italy's main business lobby, warns politicians that the absence of a government could prolong the country's recession
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/EKHS3B/36/h?a1=2013&a2=4&a3=21
 
Eurozone anti-austerity camp on the rise
Germany appears to have accepted that more leniency is needed as six eurozone nations are now expected to miss their 2013 deficit target
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/K90PHH/36/h?a1=2013&a2=4&a3=21
 
Regulator puts Reits into turmoil
Move by German BaFin to treat real estate investment trusts as investment funds could drive investors away
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/FDBJP1/36/h?a1=2013&a2=4&a3=21
 

Financial Times - Asia homepage
 
Volunteers flock to aid quake-hit Sichuan
The Sichuan rescue effort has been boosted by the strong involvement of the Chinese public after tremors that left nearly 200 dead and 12,000 injured
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/CWLQFW/36/h?a1=2013&a2=4&a3=21
 
US 'slow' to tackle homegrown jihadism
Boston bombings prompt UK experts to question whether American authorities are doing enough to stop native Muslims becoming radicalised
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/4VJ4YQ/36/h?a1=2013&a2=4&a3=21
 
Japan carmakers cannot escape island spat
Sales of Japanese cars in China look set to recover but dealers may remain wary because of the island dispute
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/XBDV7P/36/h?a1=2013&a2=4&a3=21
 

World News - latest world news headlines - FT.com
 
Russian militant group denies Boston link
Investigators are looking into a half-year trip one of the suspects took to the Caucasus in 2012 to determine whether he connected with militants
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/RPMGCO/36/h?a1=2013&a2=4&a3=21
 
Egypt's justice minister offers to resign
Ahmed Mekki, Egypt's justice minister, has tendered his resignation in a sign of the growing dispute over judicial independence
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/DXT9F0/36/h?a1=2013&a2=4&a3=21
 
Saudi king sacks deputy defence minister
Prince Khaled's dismissal is fuelling speculation about possible tension with the king, with whom analysts suggested there was underlying tension
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/4VJ4DT/36/h?a1=2013&a2=4&a3=21
 
Cartes poised for Paraguay victory
A political novice who joined his party in 2009, Cartes has vowed to bring his business acumen to bear to make Paraguay a 'serious' country
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/RPMGC6/36/h?a1=2013&a2=4&a3=21
 
Research backs global warming theory
Paper by 78 researchers from 24 countries, published on Sunday, seems to offer more evidence human activity caused increase in temperatures
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/DXT9N3/36/h?a1=2013&a2=4&a3=21
 

Companies news and analysis - FT.com
 
G4S to quit key contracts in Israel
UK-based group to exit contracts covering Ofer prison and checkpoints and police headquarters in the West Bank when they terminate in 2015
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/9MPY98/36/h?a1=2013&a2=4&a3=21
 
Dish stresses ad benefits of Sprint deal
Chairman's comments add clarity to rationale for surprise move for the US wireless provider, which would trump SoftBank's agreed $20.1bn offer
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/209MKE/36/h?a1=2013&a2=4&a3=21
 
Bechtel joins crew for meteorite mining
Privately owned engineer throws weight behind Planetary Resources as investor and partner in mission to mine near-earth asteroids using robots
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/VTX0AE/36/h?a1=2013&a2=4&a3=21
 
EU airline consolidation slow to take off
The US aviation market is returning to profitability with fewer large carriers, due to consolidation, but the trend is struggling to take hold in Europe
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/Z8IA4A/36/h?a1=2013&a2=4&a3=21
 
Ebay calls on sellers to fight tax bill
Bill is aimed at Amazon sales tax exemption, which has spurred complaints from bricks and mortar retailers of an unfair advantage for online sellers
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/3CS5DV/36/h?a1=2013&a2=4&a3=21
 

Markets
 
Nasdaq set for Europe energy trades push
Exchange operator's expansion is part of a plan to break out of trading equities in the US and Nordic region, where profits have shrunk dramatically
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/NR2L8S/36/h?a1=2013&a2=4&a3=21
 
Florida and Mississippi sue BP
States join Louisiana and Alabama, which have sued BP and have been participating in the first phase of the trial over the spill, which recently ended
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/9MPYSA/36/h?a1=2013&a2=4&a3=21
 
The ending of top-down world is nigh
There is room for debate about how markets became entangled, but main factor is the risk of crisis and subsequent economic crash, writes John Authers
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/XBDV7S/36/h?a1=2013&a2=4&a3=21
 
Malaysia key in CME's bid to tap into Asia
Chicago-based futures exchange's alliance with Bursa Malaysia is one of a series in its hunt for new business while also keeping a close eye on China's potential
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/A5UIS2/36/h?a1=2013&a2=4&a3=21
 

Financial Times - Comment
 
Obama must tread warily after Boston
The president faces two challenges: prevent immigration reform being tarnished and ensuring an appropriate security response, writes Edward Luce
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/YGY2ML/36/h?a1=2013&a2=4&a3=21
 
Case for a Little England stance on Syria
The lessons from western military interventions since 1945 are that almost all have had unfortunate or unintended consequences, writes Max Hastings
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/FDBJPB/36/h?a1=2013&a2=4&a3=21
 
Perils of placing faith in a thin theory
Policy makers loved the Reinhart and Rogoff thesis because two eminent economists were saying their instincts were correct, writes Wolfgang Münchau
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/YGY2M3/36/h?a1=2013&a2=4&a3=21
 
Who is in charge of the British economy?
Monetary policy is no longer the only tool for economic management; fiscal and financial policy are now in the mix, writes John Gieve
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/Q37B0L/36/h?a1=2013&a2=4&a3=21
 
Private lives of the monetary superheroes
Neil Irwin's 'The Alchemists' praises the central bankers's boldness but skates over their weak spots, writes Claire Jones
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/SU58VX/36/h?a1=2013&a2=4&a3=21
 

Financial Times - Management
 
Zong Qinghou: work, tea and cigarettes
He may be rich but China's wealthiest man wants to maintain a modest image as he branches out from soft drinks to retail, writes Simon Rabinovitch
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/GYGRPM/36/h?a1=2013&a2=4&a3=21
 
Elevator gossip rarely rises above the dull
The average office worker takes the lift about 50,000 times in a lifetime, but never learns to relax in them, writes Lucy Kellaway
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/EKHS3Q/36/h?a1=2013&a2=4&a3=21
 
Dealing with a dubious digital past
Rhymer Rigby talks to workplace experts about how to mitigate ther impact of a negative online trail of personal information and opinions
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/DXT9NB/36/h?a1=2013&a2=4&a3=21
 
Dust expert
Microbiologist Karen Hall tells Rhymer Rigby how she studies mites to help appliance manufacturer Dyson produce effective vacuum cleaners
http://link.ft.com/r/BLH300/T1V86O/40952X/ORI4EB/ULWOAH/36/h?a1=2013&a2=4&a3=21
 
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