Europe Morning Headlines: Japanese Q1 growth hits 3.5%, Google steals music ma...

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/QM42II/52F9EQ/QJVDS7/QFZDL0/   Europe morning headlines Thursday May 16 2013 How useful are FT email briefings to you and what can we do to improve them? Take our short survey Financial Times - Europe homepage   Japanese Q1 growth hits 3.5% Real gross domestic product increased by 0.9% in the three months to March, or 3.5% in annualised terms, government data show http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/LSVOVS/CM/h?a1=2013&a2=5&a3=16   Google steals music march on Apple Internet search group's market value tops $300bn as investors shake off worries about a potential collapse in pricing for Google's advertising http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/FDGTGI/CM/h?a1=2013&a2=5&a3=16   Eurozone sets bleak recession record Data likely to add to pressure on the ECB to take further action after cutting interest rates, and to revise its forecasts predicting a recovery later in the year http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/WHDWKD/CM/h?a1=2013&a2=5&a3=16   Asian shares mixed as yen rise hits Nikkei Japanese market slips back in spite of the country's strong economic data, while banks lose ground as their earnings are forecast to fall on weaker loan margins http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/87PF33/CM/h?a1=2013&a2=5&a3=16   JPMorgan demands Bloomberg staff logs Escalation of pressure on company after it emerged Bloomberg journalists could track how clients used a service that is almost ubiquitous on Wall St http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/7Z3R3A/CM/h?a1=2013&a2=5&a3=16   Markets   China's companies spurn dividends directive Just 60% of country's biggest listed pay a 30% dividend as urged by the Shanghai stock exchange, a blow to efforts to entice longer-term investors http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/EKBLB4/CM/h?a1=2013&a2=5&a3=16   US seizes accounts of Bitcoin exchange US court orders have frozen two accounts used by Mt Gox, the home for over half of all trades between Bitcoin and government-backed currencies http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/Q3MA7J/CM/h?a1=2013&a2=5&a3=16   Gunvor launches $500m maiden bond Swiss company is the third trading house to tap the public capital markets after Trafigura and Louis Dreyfus Commodities to expand into other areas http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/PN72ZI/CM/h?a1=2013&a2=5&a3=16   World News - latest world news headlines - FT.com   IRS has not reined in election spenders The US tax agency has appeared to do little to rein in organisations that have injected hundreds of millions of dollars into national elections http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/3CJQSQ/CM/h?a1=2013&a2=5&a3=16   New Yorker reveals system to mask sources The launch of Strongbox comes amid a row over the US government secretly obtaining phone records of reporters for the news agency AP http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/CWTULB/CM/h?a1=2013&a2=5&a3=16   Snags await favourite for Fed job As an architect of the Fed's strategy to purchase assets and keep interest rates low, Janet Yellen is the obvious choice to succeed Ben Bernanke http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/RP5ZM9/CM/h?a1=2013&a2=5&a3=16   Challenging domination of oil's strong few Oil price reporting agencies reject comparisons with Libor, where sponsors mechanically accepted daily estimates from banks http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/YGIKI8/CM/h?a1=2013&a2=5&a3=16   Immigration to be main US population driver Census Bureau exercise is especially topical as Congress considers legislation to overhaul immigration system for the first time in three decades http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/FDGTBV/CM/h?a1=2013&a2=5&a3=16   Europe News - latest Europe news headlines - FT.com   China agrees trade deal with Switzerland China has agreed the technical details of a free-trade agreement with Switzerland and the deal is likely to be signed in coming months http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/IEOGOY/CM/h?a1=2013&a2=5&a3=16   France urged to speed up economic reforms France's European partners increased pressure on François Hollande to hasten reforms, saying rejecting globalisation was "like spitting in the wind" http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/NRAC2E/CM/h?a1=2013&a2=5&a3=16   China in innovation challenge to Europe More than two-thirds of business leaders say in a survey that the Asian country would reach or pull ahead of the continent in innovation by 2023 http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/CWTUL1/CM/h?a1=2013&a2=5&a3=16   PM attacked over progress on referendum Mr Cameron insisted he was "relaxed" about criticism from Tory MPs over the Queen's Speech because it did not include a bill for a referendum in 2017 http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/XBYXDS/CM/h?a1=2013&a2=5&a3=16   Banks sue Lisbon over 'toxic' asset claims JPMorgan and Banco Santander file lawsuits in London over a legal dispute over derivative contracts sold to Portuguese state-owned companies http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/B4LP10/CM/h?a1=2013&a2=5&a3=16   European companies   Restaurant Group becomes £1bn company Owner of Frankie & Benny's reveals improved margins and rising revenues, defying gloom afflicting many UK chain restaurants http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/GY8HGC/CM/h?a1=2013&a2=5&a3=16   Banker to chair Mecom as pressure worsens The European newspaper publisher's new chairman will focus on selling the company's remaining assets in the Netherlands and Denmark http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/YGIKYF/CM/h?a1=2013&a2=5&a3=16   Oil companies face political backlash Majors may well face the same kind of scrutiny, and public opprobrium, that banks were subjected to in the wake of the Libor scandal http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/WHDWK3/CM/h?a1=2013&a2=5&a3=16   Ecclestone shrugs off potential charges Formula One chief under investigation in Germany, where banker was convicted last year after receiving payments, but says he is relaxed about situation http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/YGIKY9/CM/h?a1=2013&a2=5&a3=16   Spain haunted by refinanced loans Regulators are concerned that the country's banks are shying away from admitting the full extent of damage inflicted on their loan books http://link.ft.com/r/QM42II/87S541/EWTCE3/08LU19/XBYXDI/CM/h?a1=2013&a2=5&a3=16   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. 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