Europe Morning Headlines: Apple chief defends tax practices, BoJ holds off on ...
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Europe morning headlines
Wednesday May 22 2013
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Apple chief defends tax practices
Tim Cook, Apple chief executive, defended the technology group's tax practices and denied it was engaged in massive tax avoidance schemes
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/CWT036/YT/h?a1=2013&a2=5&a3=22
BoJ holds off on fresh monetary easing
Japan's central bank decides against fresh monetary easing, judging the measures already taken to stimulate growth enough to revive an economy showing signs of 'picking up'
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/LSV48U/YT/h?a1=2013&a2=5&a3=22
Dimon victory despite investor backlash
Investors targeted their disapproval at the bank's independent directors in an unusually large vote against the re-election of Ellen Futter, David Cote and James Crown
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/YGIFWZ/YT/h?a1=2013&a2=5&a3=22
Fiat Industrial to move tax home to UK
Blow to Italy underlines the attractiveness of the UK's increasingly light corporate tax regime
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/XBYR4T/YT/h?a1=2013&a2=5&a3=22
SAP seeks programmers with autism
German software group wants to tap into a new talent pool by hiring hundreds of people with the condition to programme and test its products
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/MJ2W6F/YT/h?a1=2013&a2=5&a3=22
Markets
Asian shares rally ahead of Bernanke testimony
Japan stocks lead rally, with investors waiting for Federal Reserve chairman Ben Bernanke's testimony before Congress later in the day
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/SU4EAI/YT/h?a1=2013&a2=5&a3=22
Cheap debt fuels executive share buybacks
More than half of all buybacks by US non-financial companies in the first quarter were used to repurchase stock options, according to Société Générale
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/EKBVU2/YT/h?a1=2013&a2=5&a3=22
US stocks close at fresh high
Five of 10 main industry groups on the benchmark rise, with companies that sell non-essential items to consumers leading the gainers
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/GY8ALT/YT/h?a1=2013&a2=5&a3=22
ARM lags as FTSE hits highest since 1999
A bullish message from Arm management at an investor day fails to keep the stock at a record high while gold miners' rebound helps London index rise 0.7%
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/9MU8R0/YT/h?a1=2013&a2=5&a3=22
World News - latest world news headlines - FT.com
Rafsanjani banned from presidential poll
Guardian Council bans Esfandiar Rahim-Mashaei, an ally of outgoing President Mahmoud Ahmadi-Nejad, from participating
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/52FTQM/YT/h?a1=2013&a2=5&a3=22
Shane Todd's family walk out of inquest
An inquiry into the death of an American engineer in Singapore took an unexpected turn after his family walked out of a coroner's inquest
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/Q3MYV0/YT/h?a1=2013&a2=5&a3=22
Rescuers search for Oklahoma survivors
Forecasters warn that another tornado could be coming as rescue teams continue the search for missing people in Moore, Oklahoma
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/ULX97L/YT/h?a1=2013&a2=5&a3=22
Japanese trade deficit widens
The total value of exports in April rose 3.8 per cent from a year earlier to Y5.78tn, while imports were up by 9.4 per cent to Y6.66tn
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/K9C5GA/YT/h?a1=2013&a2=5&a3=22
Israel warns Assad over action in Golan
IDF chief of staff makes one of the most explicit warnings yet to the Syrian leader by an Israeli public official after a chain of incidents
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/VTKSMX/YT/h?a1=2013&a2=5&a3=22
Europe News - latest Europe news headlines - FT.com
Former Georgia PM charged with corruption
Move may rekindle international concerns over alleged selective prosecutions under the country's billionaire premier Bidzina Ivanishvili
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/9MU8R9/YT/h?a1=2013&a2=5&a3=22
Brouhaha français sur l'éducation en anglais
Unions call protests to coincide with a parliamentary debate on the change, part of a law on university reform to attract more overseas students
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/3CJ1IV/YT/h?a1=2013&a2=5&a3=22
Europe plans to widen bonus cap
The European banking regulator said it had broadened the definition of staff affected by the incoming cap, which comes into effect next year
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/ULX97D/YT/h?a1=2013&a2=5&a3=22
Fugitive Kazakh banker's homes for sale
Assets to be liquidated after Mukhtar Ablyazov, former chairman of BTA Bank, fled Britain last year amid a $6bn High Court embezzlement case
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/1O9PD9/YT/h?a1=2013&a2=5&a3=22
Brussels plays down import duty fears
European Commission challenges study which estimated widespread job losses as a result of anti-dumping duties on Chinese solar panels
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/VTKSMG/YT/h?a1=2013&a2=5&a3=22
European companies
Saab bosses held for alleged tax offences
Jan-Åke Jonsson, chief executive, Karl-Gustav Lindström, finance director, and general counsel Kristina Geers accused of obstructing tax checks
http://link.ft.com/r/EB8122/T1AMXG/GKB29U/16H0PQ/JQ0MBB/YT/h?a1=2013&a2=5&a3=22
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