Global business: Rosneft and BP plan Arctic projects, StanChart head ...
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Global Business
Friday March 22 2013
Financial Times - Companies
Rosneft and BP plan Arctic projects
Plans are a relief to BP, whose earlier attempt to strike a strategic alliance with Rosneft was stymied by opposition of its Soviet-born oligarch partners in TNK-BP
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/52SK1Z/ID/h?a1=2013&a2=3&a3=22
StanChart head joins list of the contrite
Apology made both externally and in a memorandum sent to the bank's 89,000 employees followed aggressive pressure from US authorities
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/DX1J09/ID/h?a1=2013&a2=3&a3=22
Rajaratnam's younger brother charged
Rengan Rajaratnam allegedly traded ahead of deals involving Clearwire and Advanced Micro Devices in 2008 that gave him and Galleon $1.2m in profits
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/NRCH47/ID/h?a1=2013&a2=3&a3=22
Blackstone weighs up potential Dell bid
Private equity group has to decide whether or not it is prepared to make a rival offer for Dell, which agreed to be taken private last month
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/WHW2S6/ID/h?a1=2013&a2=3&a3=22
BBVA joins Mexican wave with $3.5bn push
Thursday's announcement adds to growing hopes by international investors that the country's president will pass structural economic reforms
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/HIB327/ID/h?a1=2013&a2=3&a3=22
Apple beefs up customer security
Technology companies have come under pressure to provide stronger protection for financial and personal information than a simple password
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/EKLRCD/ID/h?a1=2013&a2=3&a3=22
BlackBerry confident as Z10 hits US market
The Canadian company's chief executive expresses confidence that its smartphone will fare well against rivals such as Apple's iPhone
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/RPZ6YB/ID/h?a1=2013&a2=3&a3=22
Suntech a test for China's bankruptcy law
Focus will be on whether the law will be able to fairly protect lenders, bondholders and shareholders – both inside and outside of the country
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/Z8D7RW/ID/h?a1=2013&a2=3&a3=22
Nike soars but China is its Achilles heel
Price rises and cheaper raw materials offset higher labour costs, but China remained a weak spot as sales there continued to fall
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/Z8D7RT/ID/h?a1=2013&a2=3&a3=22
Two numbers count with Dimon's fate
Key losses and returns will be key in deciding whether to split chairman and chief executive roles at JPMorgan Chase
http://link.ft.com/r/S4XZQQ/YGZBFV/C51OYF/B5CMNL/CWUSOW/ID/h?a1=2013&a2=3&a3=22
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