In today's FT: Merkel speech highlights European divide, Amazon boo...

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/CTBPCC/4VJSNC/YQ9BRO/IYGFQP/   In today's FT Friday April 26 2013 Financial Times - UK Homepage   Merkel speech highlights European divide The German leader underlined the gulf at the heart of the eurozone when she waded into interest-rate policy, days before an expected cut by the ECB http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/SU5MYH/CM/h?a1=2013&a2=4&a3=25   Amazon boosts margins even as profit falls The Seattle-based company's net income fell 37% from last year to $82m, or 18 cents per share, but its gross profit margin increased http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/SU5MYT/CM/h?a1=2013&a2=4&a3=25   FSOC seeks to replace Libor promptly Financial Stability Oversight Council said alternative rates 'anchored in observable transactions' should be identified 'promptly' http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/YGYDJC/CM/h?a1=2013&a2=4&a3=25   Financial Times - US homepage   Senate acts to end days of flight delays Bill followed days of delays as airport workers and air traffic controllers were temporarily laid off as $1.2tn in spending cuts started to kick in http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/ULW4EX/CM/h?a1=2013&a2=4&a3=25   GrainCorp agrees to A$3bn ADM offer Deal would give ADM control of seven of the eight Australian ports that ship grain in bulk from the nation's east coast http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/LSC0ME/CM/h?a1=2013&a2=4&a3=25   Soros boosts JC Penney by taking 8% stake Soros joins the retailer's share register alongside Bill Ackman, the hedge fund manager whose decision to install Apple veteran Ron Johnson as chief executive failed http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/Q37ZKG/CM/h?a1=2013&a2=4&a3=25   Financial Times - Europe homepage   Norway's oil fund to become active investor World's largest sovereign wealth fund says it will help pick directors of groups in which it has key stakes and have more dialogue with chairmen http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/YGYDJX/CM/h?a1=2013&a2=4&a3=25   Samsung results highlight mobile reliance South Korean group posts first quarterly operating profit drop in two years and reiterates cautious smartphone market outlook, sending shares lower http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/FDBHCT/CM/h?a1=2013&a2=4&a3=25   Italy coalition talks to continue First round of talks between Enrico Letta, centre-left prime minister designate, and Silvio Berlusconi's centre-right party ends without agreement http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/873NHU/CM/h?a1=2013&a2=4&a3=25   Financial Times - Asia homepage   West pressed to act over Dhaka disasters The latest mass loss of life raises serious questions about regulatory failures in Bangladesh's $19bn garment industry that supplies big brands http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/K90O7L/CM/h?a1=2013&a2=4&a3=25   Google can predict markets, study finds Analysis shows that a trading strategy constructed around the search word 'debt' would have returned 326% between 2004 and 2011 http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/6AFRLG/CM/h?a1=2013&a2=4&a3=25   US suspects Syria used chemical weapons The simple admission that chemical weapons have likely been used will put huge pressure on President Barack Obama to intervene more forcefully http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/52RJ11/CM/h?a1=2013&a2=4&a3=25   World News - latest world news headlines - FT.com   Muslim Brotherhood to make Syria return After the organisation was crushed under the Assad regime, the organisation hopes to promote a more moderate brand of Islamist thinking at a time of growing radicalisation http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/DXTL6M/CM/h?a1=2013&a2=4&a3=25   US economy sees broad growth The data suggest the US economic recovery is becoming more diverse and resilient ahead of growth figures for the first quarter http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/NR2V4L/CM/h?a1=2013&a2=4&a3=25   Record unemployment in Spain and France Continued weakness in employment has intensified the debate over austerity and whether current, Berlin-backed policies are too severe http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/SU5MYQ/CM/h?a1=2013&a2=4&a3=25   Bloomberg says suspects identified Times Square Senators call for hearings over what some see as the mishandling of intelligence information by authorities about Tamerlan Tsarnaev http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/IE68AZ/CM/h?a1=2013&a2=4&a3=25   Bundesbank takes aim at ECB rescue plan German central bank says ECB's justification for scheme relied on 'strongly subjective elements' in assessing the effectiveness of so-called transmission mechanism http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/Z8IYRG/CM/h?a1=2013&a2=4&a3=25   Companies news and analysis - FT.com   SFO launches criminal probe into ENRC Investigation by the Serious Fraud Office comes as founding shareholders consider bid to take the Kazakh-based, FTSE 100 mining group private http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/MJVC5U/CM/h?a1=2013&a2=4&a3=25   Verizon eyes $100bn Wireless deal US group has not formally retained advisers nor has it made an offer but it is facing mounting pressure in the country to negotiate a deal http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/MJVC5W/CM/h?a1=2013&a2=4&a3=25   US bankers hit out over Fed capital plan US executives are working through trade associations to support European rivals in opposing a plan requiring lenders to hold more capital in the US http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/3CS9PH/CM/h?a1=2013&a2=4&a3=25   Issues at heart of Deepwater Horizon Judge hearing case poses key questions over definition of gross negligence and gives parties until June 21 to submit conclusions in BP trial http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/VTXWQT/CM/h?a1=2013&a2=4&a3=25   Olam unveils strategic review Singapore-based commodities trader looks to rebalance approach to growth and cash-flow generation in order to draw a line under five months of uncertainty http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/OFA2WE/CM/h?a1=2013&a2=4&a3=25   Markets   Stocks gain as corporate earnings please Equity markets remain bullish on a busy reporting day as investors shrug off recent poor economic data, while sterling gains after better news from the UK http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/EKHT0Y/CM/h?a1=2013&a2=4&a3=25   CBOE options trading hit by outage The episode marks the latest technical glitch to plague the US market after high-profile incidents last year at Nasdaq and BATS, two leading stock exchanges http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/EKHT0T/CM/h?a1=2013&a2=4&a3=25   US mortgage market on state support Private sector involvement in the mortgage-backed securities market has practically disappeared in the US and there is little pressure for that to change http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/LSC0MJ/CM/h?a1=2013&a2=4&a3=25   Demand hots up for US bank bonds Capital rules and market reforms have increased the haven appeal of US bank debt, making it one of the hottest investments in fixed income http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/209Q3D/CM/h?a1=2013&a2=4&a3=25   Hong Kong to launch renminbi interbank rate Decision to press ahead with a renminbi Hibor fixing comes at a time when the system of interbank rates is under intense scrutiny following scandals http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/LSC0MC/CM/h?a1=2013&a2=4&a3=25   Financial Times - Comment   More reform, less austerity for Europe The War of the Coding Error is another salutary reminder that the economy is too important to be left to economists, writes Philip Stephens http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/CWL163/CM/h?a1=2013&a2=4&a3=25   The pros and cons of a floating currency The UK's flexible exchange rate has given it monetary and fiscal policy autonomy but not a big adjustment in the current account, writes Martin Wolf http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/7ZNFTQ/CM/h?a1=2013&a2=4&a3=25   Corruption and chaos in sport of sheikhs The Godolphin doping scandal highlights the complexity of racing globally and the spheres of influence within it, writes Matthew Engel http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/MJVC5B/CM/h?a1=2013&a2=4&a3=25   The courts can cut off Assad's supply line The flow of financial and other resources that sustains Syria's agony is also the weakness of Bashar al-Assad's regime, writes Owen Barder http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/OFA2W5/CM/h?a1=2013&a2=4&a3=25   Banks could curb rise in payday lending High street lenders have a chance to make money by performing a social good at the expense of an exploitative sector, writes Gillian Guy http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/YGYDJH/CM/h?a1=2013&a2=4&a3=25   Financial Times - Management   Divorce lawyer with a line of 'upset people' After setting up on a laptop at home, Camilla Baldwin discovered the English capital was a good city to pursue her profession, writes Emma Jacobs http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/B41U8G/CM/h?a1=2013&a2=4&a3=25   Picture-perfect cameras in focus Paul Taylor samples Nikon's latest DSLR and snap-and shoot models, and investigates the picture-taking capabilities of Samsung's latest smartphone http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/WHKX9I/CM/h?a1=2013&a2=4&a3=25   Educated jobless bid farewell to Portugal The departure of young people at rates not seen since the 1960s is raising fears for the country's economic future, writes Peter Wise http://link.ft.com/r/CTBPCC/XB7EH9/PR2T3G/8ZOVGO/NR2V4H/CM/h?a1=2013&a2=4&a3=25   Special Reports - FT.com Innovation and the Economy Watches & Jewellery Combating Malaria Digital and Social Media Marketing Video Lex Bad normal for Santander A return to normality was promised by Santander for this year, but that's not how it's turned out. Lex's Julia Grindell and Oliver Ralph discuss what's awry. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..