In today's FT: Fears over weak earnings hit Apple, US demand shrink...


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Financial Times
In today's FT
Thursday April 18 2013

Financial Times - UK Homepage
 
Fears over weak earnings hit Apple
Apple's shares touched a fresh 12-month low, as investors weighed up reports that suggested the company's shipments of new products were slowing
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/209VQQ/82/h?a1=2013&a2=4&a3=17
 
US demand shrinks Japan trade deficit
Tokyo reports narrowest trade deficit in nine months as big rise in shipments to the US topples China as Japan's top export destination
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/A5UWP3/82/h?a1=2013&a2=4&a3=17
 
A conclusion of unThatcherite pageantry
Thatcher was given a funeral of a dignity not seen since the Queen Mother's death and, royalty aside, since Sir Winston Churchill in 1965
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/GYGEH5/82/h?a1=2013&a2=4&a3=17
 

Financial Times - US homepage
 
Suspect detained in ricin scare
Poisoned letter sent to US president follows the seizure of suspicious mail sent this week to Roger Wicker, a Mississippi Republican senator
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/FDBIH9/82/h?a1=2013&a2=4&a3=17
 
US Senate rejects gun background checks
The Senate fell short of the 60 votes needed to pass the proposal that required background checks on people who buy firearms online and at gun shows
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/CWLK1J/82/h?a1=2013&a2=4&a3=17
 
IMF warns on risks of excessive easing
Fund raises concerns of a potential shift to a 'more chronic phase' with bouts of financial instability, without more policy reform
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/ULWH46/82/h?a1=2013&a2=4&a3=17
 

Financial Times - Europe homepage
 
Central bankers say they are flying blind
At the IMF spring meeting, economists concede they do not fully understand what is happening in developed economies and worry about side-effects
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/ULWH47/82/h?a1=2013&a2=4&a3=17
 
Perils of austerity theory take centre stage
The spat over a 2010 paper has attracted attention because the result was widely and aggressively cited as a reason to tighten fiscal policy
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/ULWH4U/82/h?a1=2013&a2=4&a3=17
 
Italy's centrist parties claim deal on president
Franco Marini to be put forward as head of state with challenge of trying to break deadlock from inconclusive general elections
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/YGY6DZ/82/h?a1=2013&a2=4&a3=17
 

Financial Times - Asia homepage
 
Taiwan runs live-fire military exercise
With its first big exercise for five years, aimed at showing readiness to defend attack from China, President Ma Ying-jeou wants to face down critics
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/3CS29E/82/h?a1=2013&a2=4&a3=17
 
Chinese official endorses monetary easing
In contrast to criticism from other officials, a senior China Investment Corp figure has given cautious approval to radical monetary easing
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/GYGEBF/82/h?a1=2013&a2=4&a3=17
 
Harvard duo defend case for austerity
Rogoff and Reinhart said they would review criticisms but argued there was consensus on the basic conclusion of higher debt leading to slower growth
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/A5UW30/82/h?a1=2013&a2=4&a3=17
 

World News - latest world news headlines - FT.com
 
Brazil raises interest rates
Brazil's central bank ended an easing cycle that last nearly two years by raising its benchmark lending rate
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/DXTD17/82/h?a1=2013&a2=4&a3=17
 
US court forbids foreign abuse claims
The ruling will come as a relief to Shell, the Anglo-Dutch oil company, as well as to other companies accused of wrongdoing overseas
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/SU5LMV/82/h?a1=2013&a2=4&a3=17
 
Internet copyright rulings quashed
Britons can browse the internet without fear of litigation, after the Supreme Court quashed a previous ruling that exposed millions to claims of copyright infringement
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/FDBIHQ/82/h?a1=2013&a2=4&a3=17
 
Nigeria seeks talks with insurgents
President Goodluck Jonathan establishes 26-member committee to negotiate with leaders of northern insurgency
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/GYGEB6/82/h?a1=2013&a2=4&a3=17
 
Hunt for Boston bomber in iPhone era
The search for the Boston bomber is becoming a test case for the new science of investigating crimes in the era of the smartphone
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/YGY6DT/82/h?a1=2013&a2=4&a3=17
 

Companies news and analysis - FT.com
 
Mackenzie makes his mark on BHP
The new chief executive makes changes at the top designed to remove a layer of management at BHP and centralise control
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/A5UWPR/82/h?a1=2013&a2=4&a3=17
 
BP responsible for critical Macondo test
Executive who was in charge of drilling wells in the gulf said company's supervisors on rig made final decision on whether test had been passed
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/YGY6D6/82/h?a1=2013&a2=4&a3=17
 
Cerberus founder looks at bid for Freedom
Private equity firm's founder considers bid for maker of gun in Newtown shooting, as political controversy deters buyers and banks
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/T14T5L/82/h?a1=2013&a2=4&a3=17
 
BofA struggles to recover from bad loans
Second-biggest US bank reports decline in revenue in consumer, mortgage and investment banking divisions and further bad loan costs
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/RPM17M/82/h?a1=2013&a2=4&a3=17
 
Nokia plans 'phablet' in new handset range
Finnish group set to launch several high-end smartphones this year to add momentum to the slow growth of the Lumia handset that uses Windows software
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/RPM1Z9/82/h?a1=2013&a2=4&a3=17
 

Markets
 
Equities slide on renewed growth worries
Weak corporate earnings and global growth concerns leave equities and commodities nursing sharp losses, but gold continues to recover
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/YGY6KN/82/h?a1=2013&a2=4&a3=17
 
Food prices are forecast to tumble
Last year's drought pushed up corn and soyabean prices, encouraging more planting, and so this year's forecast is for lower prices
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/1OQCEJ/82/h?a1=2013&a2=4&a3=17
 
US shale revolution backs bull case
Commodity chiefs are confident the US economy is recovering, helped by the competitive advantage of cheap energy
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/K90JO9/82/h?a1=2013&a2=4&a3=17
 
Naked CDS ban fuels bank funding fears
Six months on from the European ban, fund managers are using negative bets against large financials as a partial replacement
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/T14TMN/82/h?a1=2013&a2=4&a3=17
 
A weak yen is not the solution for Japan
Investors have become complacent about monetary easing around the world, writes Axel Merk
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/ULWH4Y/82/h?a1=2013&a2=4&a3=17
 

Financial Times - Comment
 
Valley visitors must bring back more than the T-shirt
Most big companies simply are not geared up to respond fast enough to the upheaval caused by new digital business models, writes Richard Waters
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/SU5L7I/82/h?a1=2013&a2=4&a3=17
 
The BoJ makes its Pearl Harbor decision
The hope is that by beating the enemy of inflation to the punch, one stands a chance of gaining the upper hand, writes David Pilling
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/209VQ2/82/h?a1=2013&a2=4&a3=17
 
Austerity after Reinhart and Rogoff
A main plank in the case for the strategy adopted in the US and Europe is riddled with faults, write Robert Pollin and Michael Ash
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/B41XUE/82/h?a1=2013&a2=4&a3=17
 
The IMF must quit the troika to survive
The organisation has been unduly influenced by its largest shareholders at the cost of its independence, writes Ousmène Mandeng
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/FDBIH3/82/h?a1=2013&a2=4&a3=17
 
An attack on much more than a race
A warm, spring day in a small town ends with shattered lives and memories, writes Tom Mitchell
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/WHKGXQ/82/h?a1=2013&a2=4&a3=17
 

Financial Times - Management
 
A dashboard full of auto apps
Internet-linked cars can now stream video, show advertisements and download apps, in preparation for driverless vehicles, writes Emily Steel
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/IE698I/82/h?a1=2013&a2=4&a3=17
 
Authorities must get tough on bad science
The real damage comes when an individual homeopath dissuades people from seeking medical treatment, says Michael Skapinker
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/6AF7JH/82/h?a1=2013&a2=4&a3=17
 
Success story dazzled by its own outlook
Maija Palmer reviews 'Success the Lovefilm Way: How to grow a fast growth business in fast changing times' by Simon Calver
http://link.ft.com/r/J0VG55/3CKO36/72RX7Y/ORIA0C/Q37UZM/82/h?a1=2013&a2=4&a3=17
 
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