In today's FT: Letta calls for easing of austerity policies, Chines...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/KC2844/LSC695/SXKPIT/QFAHP8/   In today's FT Thursday April 25 2013 Financial Times - UK Homepage   Letta calls for easing of austerity policies Prospect of new Italian government within days sustained a rally on the Milan stock exchange and kept short-term Italian bond yields close to recent record lows http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/A5UNKZ/CM/h?a1=2013&a2=4&a3=24   Chinese roll out red carpet for Hollande Likely warm reception for French president in marked contrast to treatment of UK government since prime minister David Cameron met Dalai Lama http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/XBDW6I/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/T147BZ/CM/h?a1=2013&a2=4&a3=24   Financial Times - US homepage   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/KC2844/CWR10A/D41QKJ/7A6024/3CSEZ9/CM/h?a1=2013&a2=4&a3=24   Wall St shrugs off Apple's cash return Tim Cook said Apple was working on 'amazing new hardware, software, and services that we can't wait to introduce this fall and throughout 2014'  http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/XBDW6J/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/A5UNXG/CM/h?a1=2013&a2=4&a3=24   Financial Times - Europe homepage   Opec grapples with oil price slide Even as the price has weakened from a high this year of more than $119, Opec members appear to be resisting the temptation to act http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/DXTUID/CM/h?a1=2013&a2=4&a3=24   Evonik's Frankfurt trading debut set at €2bn Chemicals company set for trading debut with about 14% of shares on the Frankfurt exchange on Thursday, valuing the group at nearly €15bn http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/RPMATV/CM/h?a1=2013&a2=4&a3=24   Merkel pressed to ease up on austerity The German leader is coming under domestic political pressure to back an easing of spending cuts and tax rises in the eurozone's crisis-hit periphery http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/YGYX0M/CM/h?a1=2013&a2=4&a3=24   Financial Times - Asia homepage   Stocks firm as earnings offset weak data Growing expectations of ECB rate cut add to optimism that central bank accommodation will provide support to stock markets http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/CWLPYW/CM/h?a1=2013&a2=4&a3=24   Scores dead in Dhaka factory collapse Bangladesh tragedy: eight-storey building may have housed hundreds of workers producing clothes for some of the world's best-known brands http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/LSC6N1/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/Z8IK0L/CM/h?a1=2013&a2=4&a3=24   World News - latest world news headlines - FT.com   Italy's centre-right sets out conditions Berlusconi's People of Liberty demands before joining a coalition led by Enrico Letta include abolition of housing tax and reform of judiciary http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/JQOGJD/CM/h?a1=2013&a2=4&a3=24   Senators seek tough curbs on 'megabanks' America's biggest banks would face new rules under legislation designed to avoid future taxpayer bailouts – the latest effort to rein in those dubbed 'too big to fail' http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/WHK48F/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/Z8IKCA/CM/h?a1=2013&a2=4&a3=24   US weighs civil liberties and terror fight The attack in Boston has refocused attention on the threat from radical Islam and the tension between civil liberties and counter-terrorism policy http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/WHK467/CM/h?a1=2013&a2=4&a3=24   South Korea growth at two-year high Asia's fourth-largest economy grew 0.9% in the first quarter of the year denting hopes for a rate cut, but data suggest the pick-up remains fragile http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/NR203M/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/4VJQ7Q/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/DXTUI1/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/OFACP4/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/3CSEAB/CM/h?a1=2013&a2=4&a3=24   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/KC2844/CWR10A/D41QKJ/7A6024/WHK48R/CM/h?a1=2013&a2=4&a3=24   Markets   Rwanda to issue first international bond The central African country is raising $400m by issuing a 10-year bond to international investors, with bankers expecting the final price to be set on Thursday http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/873R4O/CM/h?a1=2013&a2=4&a3=24   European 'junk' borrowing rates tumble The yields on sub-investment grade debt fell to 5.5 per cent on Wednesday for the first time, according to the Barclays pan-European high yield index http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/52R9M4/CM/h?a1=2013&a2=4&a3=24   Apple pares losses after mixed reviews Telecoms stocks, which have been the best-performing industry group on the S&P 500 as investors preferred defensives, hit by steep AT&T fall http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/52R9MV/CM/h?a1=2013&a2=4&a3=24   Bank of Japan action threatens emerging Asia The sharp rise in liquidity will push up inflationary pressure and possibly stoke asset bubbles, says Frederic Neumann http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/Q37214/CM/h?a1=2013&a2=4&a3=24   Germany's borrowing costs at record low The German debt agency sold Bunds maturing in January 2044 at a yield of just 2.16 per cent, compared to 2.45 per cent at the last auction in January http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/873RWP/CM/h?a1=2013&a2=4&a3=24   Financial Times - Comment   Xi needs to prove he can deliver Even if Xi Jinping does embrace a radical economic overhaul in the future, don't expect political reform to follow writes David Pilling http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/VTX5GS/CM/h?a1=2013&a2=4&a3=24   US cities have a choice – pull together or go bust During New York's debt crisis in the 1970s, business and labour united to save the city as a matter of mutual survival, says Felix Rohatyn http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/7ZNJ4I/CM/h?a1=2013&a2=4&a3=24   Call in the nerds – finance is no place for extroverts The people most likely to go into the riskier areas of financial services are precisely those least suited to judging risk, writes Sarah Gordon http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/VTX58G/CM/h?a1=2013&a2=4&a3=24   A more nominal view of the UK economy If Mark Carney is able to introduce new thinking into the Bank of England, he has a chance of living up to inflated expectations, says Chris Giles http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/XBDWOO/CM/h?a1=2013&a2=4&a3=24   EU needs more than monetary innovation The central bank's measures should boost credit supply but governments and enterprises must introduce structural reforms, says Yves Mersch http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/Z8IKC7/CM/h?a1=2013&a2=4&a3=24   Financial Times - Management   Hidden value among the crowd The use of new forecasting methods in mangement is coming, even if it is taking longer than was once expected, writes Philip Delves Broughton http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/VTX58X/CM/h?a1=2013&a2=4&a3=24   Why hasty pundits got it wrong on Boston The marathon bombings illustrate that everything people say on day one of a crisis will usually turn out to be wrong, writes Michael Skapinker http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/A5UNK4/CM/h?a1=2013&a2=4&a3=24   Design space: conical kitchen towels Ora is slightly bigger than standard rolls but carries twice as many sheets, meaning space savings when in storage and in transit, writes Clare Dowdy http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/NR20PS/CM/h?a1=2013&a2=4&a3=24   Tales from the champions of breakfast Emily Steel reviews 'Top of the Morning', Brian Stelter's inside look at the cut-throat world of American morning television news program­mes http://link.ft.com/r/KC2844/CWR10A/D41QKJ/7A6024/B413DY/CM/h?a1=2013&a2=4&a3=24   Special Reports - 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