Asia AM: Google challenges Apple with ‘hero’ phone, Berkshire...

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/OZMCDD/9M1XHG/H0CYAH/XTKJOM/   Asia AM Thursday May 30 2013 Financial Times - Asia homepage   Google challenges Apple with 'hero' phone New handset will go on sale later this year and will be part of a campaign to drive down the cost of smartphones and end the high profit margins companies like Apple have enjoyed, http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/T1XBQU/AZ/h?a1=2013&a2=5&a3=29   Berkshire spends $5.6bn on NV Energy NV Energy will be combined with MidAmerican, a power company owned by Warren Buffett's Berkshire Hathaway, boosting its presence in the southwest http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/4VF7L0/AZ/h?a1=2013&a2=5&a3=29   Brazil growth hit by consumer caution GDP rises 0.6%, missing forecasts and raising concerns about government efforts to boost spending amid struggling global recovery http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/VTD89J/AZ/h?a1=2013&a2=5&a3=29   US shale output boost 'temporary' Output from shale oil wells is initially prolific, but production declines rapidly, so maintaining output needs new wells to be drilled, requiring a high oil price http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/Z8QCFU/AZ/h?a1=2013&a2=5&a3=29   EU economies win budget deficit reprieve Brussels slows the pace of austerity but warns the bloc is still unlikely to produce solid economic growth in the near term amid growing danger of social unrest http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/20JAPL/AZ/h?a1=2013&a2=5&a3=29   Swiss outline plan to relax bank secrecy law Bern proposes law that would make it possible for Swiss banks to reach individual settlements with US authorities http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/SUWHE1/AZ/h?a1=2013&a2=5&a3=29   Regulators clash over derivatives reforms The US, stung by the 2008 bailout of AIG, is seeking broad authority to police foreign trading that puts domestic taxpayers at risk http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/87UWG2/AZ/h?a1=2013&a2=5&a3=29   Dish considers rival cash offer for Clearwire The company led by Charlie Ergen is wrangling with SoftBank, as both companies try to acquire Sprint, the third largest wireless provider in the US http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/ULKGQF/AZ/h?a1=2013&a2=5&a3=29   Shuanghui agrees $4.7bn Smithfield deal China's largest pork producer launches an agreed $7bn bid for Smithfield Foods of the US, aiming to satisfy domestic demand for high-quality meat http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/T1XBEN/AZ/h?a1=2013&a2=5&a3=29   Financial Times - UK Homepage   Osborne closes £900m tax loophole The chancellor has closed a tax loophole that could have cost the UK up to £900m, and criticised those groups that had sought to exploit it http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/3CRZU1/AZ/h?a1=2013&a2=5&a3=29   Stocks and dollar beat retreat Data raise hopes that the US economic recovery is gathering pace, but dollar stumbles as Treasury yields vacillate http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/DXBICX/AZ/h?a1=2013&a2=5&a3=29   Grim view for Iran industries ahead of poll Industries suffer from policies of President Ahmadi-Nejad and sanctions, but presidential candidates in forthcoming poll offer little hope of change http://link.ft.com/r/OZMCDD/HITI9N/C51OYF/L9Y85Y/RP4TYJ/AZ/h?a1=2013&a2=5&a3=29   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..