In today's FT: Cameron snubbed over Brussels review, US banks weigh...


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Financial Times
In today's FT
Tuesday April 02 2013

Financial Times - UK Homepage
 
Cameron snubbed over Brussels review
France and Germany have declined to participate in a survey of views on Brussels powers, seeing the exercise as more about UK politics
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/DXLYYJ/36/h?a1=2013&a2=4&a3=1
 
US banks weigh EU bonus cap options
Bankers say US institutions are considering whether it still makes sense to base Europe, Middle East and Africa (Emea) business in London
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/Z8Y0OR/36/h?a1=2013&a2=4&a3=1
 
Apple bows to Chinese pressure
Chief executive says that a lack of external communication had led to a perception of that Apple was 'arrogant' and did not value consumer feedback
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/IE8SSQ/36/h?a1=2013&a2=4&a3=1
 

Financial Times - US homepage
 
US has lost 2m clerical jobs since 2007
Computers are a probable cause of rising income inequality as they replace book-keepers and file clerks while creating demand for skilled staff
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/PNAUP7/36/h?a1=2013&a2=4&a3=1
 
Seoul vows tough response to North Korea
President Park Geun-hye orders the military to retaliate strongly to any North Korean provocation as tensions mount further on the divided peninsula
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/Q3Z1UC/36/h?a1=2013&a2=4&a3=1
 
Stock markets start April on cautious note
Data from Japan and China weigh on sentiment but investors are focusing on the Bank of Japan's policy meeting later this week
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/JQ6JJL/36/h?a1=2013&a2=4&a3=1
 

Financial Times - Europe homepage
 
Cyprus bank chief seeks to allay fears
Demetriades, governor of Central Bank of Cyprus, promises steady lifting of capital controls as he seeks to restore calm after 'haircut' revealed
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/T15HH8/36/h?a1=2013&a2=4&a3=1
 
Hess to sell Russian subsidiary to Lukoil
The sale was one of the moves proposed in a restructuring plan, which is expected generate proceeds to pay down debt and strengthen the balance sheet
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/WHX88C/36/h?a1=2013&a2=4&a3=1
 
India patent rulings pique pharma groups
Court verdict on Novartis case seen as having wide implications not just for Glivec but other drugs that multinationals want to patent in the country
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/4VSZA3/36/h?a1=2013&a2=4&a3=1
 

Financial Times - Asia homepage
 
China left out of Obama free trade party
Washington is negotiating with the EU and states in the Asia-Pacific region. It hopes to establish standards that Beijing would be obliged to respect
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/WHX886/36/h?a1=2013&a2=4&a3=1
 
Nasdaq OMX in $1.2bn deal to buy eSpeed
The transatlantic equity exchange operator enters the fixed-income trading environment with a $1.2bn offer for an electronic trading platform
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/HIG99P/36/h?a1=2013&a2=4&a3=1
 
Chesapeake foresees higher gas prices
Acting chief executive says the company has 'taken advantage of the recent surge in natural gas prices' to lock in current levels for planned sales
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/A5PXXJ/36/h?a1=2013&a2=4&a3=1
 

Financial Times - World
 
Slower US factory growth raises worries
ISM's index of national factory activity falls to 51.3 in March from 54.2 in February, raising worries over US economic growth in the first quarter
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/7ZF5MG/36/h?a1=2013&a2=4&a3=1
 
Northern Cyprus watches neighbour's anguish
This year marks half a century of the Cypriot dispute and 45 years of fruitless negotiations between the island's Greek and Turkish sides
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/Q3Z11T/36/h?a1=2013&a2=4&a3=1
 
Eurozone SMEs struggle to access finance
Access to finance is increasingly difficult for small businesses and how tough it is depends on what part of the eurozone you operate in
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/A5PXWA/36/h?a1=2013&a2=4&a3=1
 
Diesel shortages fuel Egypt's challenges
As Cairo struggles to cut energy subsidies and tackle black-market traders, fuel shortages raise questions about its ability to boost the economy
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/A5PXXW/36/h?a1=2013&a2=4&a3=1
 
Privately run newspapers back in Myanmar
Four dailies hit the streets on Monday, and several more are to be put out soon including from big media groups and political parties
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/Q3Z1US/36/h?a1=2013&a2=4&a3=1
 

Financial Times - Companies
 
Investors pour $35bn into reinsurance
Facing low yields from other prospective asset classes, investors have ploughed an estimated 30% more capital into reinsurance than a year ago
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/3C9A2Q/36/h?a1=2013&a2=4&a3=1
 
Tesla set for first-ever quarterly profit
The move into profit marks a moment of vindication for Tesla's chief executive, who has mounted strident public defences against critics
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/LS0FR7/36/h?a1=2013&a2=4&a3=1
 
UK rail franchising overhaul underwhelms
Investors remain far from convinced by the government's strategy, highlighting just how badly the West Coast fiasco has damaged confidence
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/20Q226/36/h?a1=2013&a2=4&a3=1
 
Amber chief urges reforms in Italy
Joseph Oughourlian paints a bleak picture for corporate Italy saying existing governance rules deter foreign investment in the country's businesses
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/GYBQQF/36/h?a1=2013&a2=4&a3=1
 
Carrefour eyes Brazil and China for growth
Chief executive Georges Plassat defends hypermarkets against critics who see them as out of date and rejects suggestions to reduce space
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/MJCNFA/36/h?a1=2013&a2=4&a3=1
 

Financial Times - Financial markets news
 
Japanese shares lead Asian markets lower
Exporter shares fall as yen hits one-month high following soft US data, ahead of key BoJ meeting later this week
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/NRV3NV/36/h?a1=2013&a2=4&a3=1
 
Poor economic data weigh on Wall St
US stocks retreat from their all-time record close set last week as investors digest manufacturing data that fall short of expectations
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/A5PXXM/36/h?a1=2013&a2=4&a3=1
 
Grain prices fall as corn stocks rise
The US Department of Agriculture reports 5.4bn bushels of corn is parked in farmers' bins and commercial silos, more than the 5bn predicted
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/OF2PPS/36/h?a1=2013&a2=4&a3=1
 
Yen climbs ahead of BoJ policy meeting
Speculation in the currency markets has focused on how aggressive a policy stance its new governor is likely to take at Thursday's BoJ meeting
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/87N453/36/h?a1=2013&a2=4&a3=1
 
Weak exporters lead Tokyo's Nikkei lower
A mixed batch of economic data, including a disappointing Bank of Japans Tankan business survey, leaves the main Nikkei 225 index 2.1% lower
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/Q3Z1UY/36/h?a1=2013&a2=4&a3=1
 

Financial Times - Comment
 
Regime tests the limits of a MAD world
If there is a regime anywhere that might just defy the normal logic of nuclear deterrence, it is North Korea, writes Gideon Rachman
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/DXLYDG/36/h?a1=2013&a2=4&a3=1
 
Tories ignore signs in rush for the exit
The party is in danger of squandering the very qualities that could ensure Labour remains in opposition at the next election, writes Janan Ganesh
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/IE8S9Z/36/h?a1=2013&a2=4&a3=1
 
Questions for the world's next trade chief
The WTO is at risk of being pushed aside. The action is shifting to other venues, such as the US-EU trade negotiation, writes Robert Zoellick
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/52J7ZB/36/h?a1=2013&a2=4&a3=1
 
Oil demand is set to fall in the age of gas
Long-held beliefs about energy demand and prices are being turned on their head by fracking and fuel-efficiency measures, writes Seth Kleinman
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/VTWGBF/36/h?a1=2013&a2=4&a3=1
 
Open-plan debate is nowhere near closure
The question of what constitutes the best working environment invites almost too many answers, writes Brian Groom
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/OF2P30/36/h?a1=2013&a2=4&a3=1
 

Financial Times - Management
 
Healthcare that comes in a Coke crate
Using soft drink-style distribution systems could help to ease medicine shortages in developing countries, writes Andrew Jack
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/SUMTTU/36/h?a1=2013&a2=4&a3=1
 
Killing projects is the hardest innovation
Companies need to go beyond calls for focus and build a reputation for successfully pruning unneeded activities, writes Andrew Hill
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/6ARMMM/36/h?a1=2013&a2=4&a3=1
 
Arc takes the school to the streets
To promote an online tutoring service to London's youth, an ad agency corrected urban graffiti, with impressive results, writes James Pickford
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/RP7L1A/36/h?a1=2013&a2=4&a3=1
 
How Haier handled foreign traditions
Respect for local custom does not mean a company has to adopt local practices automatically, write Carlos Sanchez-Runde, Yih-teen Lee and Sebastian Reiche
http://link.ft.com/r/M2ZOXX/7ZYB9Y/72FH4Q/WTFQAC/JQ6JSX/36/h?a1=2013&a2=4&a3=1
 
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