Europe Morning Headlines: Qatar bankrolls Syrian revolt, Hayward takes chair a...

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/5F39HH/GY8GYU/AAF82U/IY8ZJL/   Europe morning headlines Friday May 17 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   Qatar bankrolls Syrian revolt Financial support from tiny gas-rich state overshadows western backing, but is being nudged aside by Saudi Arabia as the prime source of arms to rebels http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/6ANNZU/LE/h?a1=2013&a2=5&a3=17   Hayward takes chair at Glencore Xstrata Former BP chief executive makes extraordinary return to the forefront of British business, after Sir John Bond loses vote to be re-elected as chairman http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/MJ22RD/LE/h?a1=2013&a2=5&a3=17   Saudi princes deny laundering claim The allegations were made in London court and stem from a business dispute in the UK courts, which can only now be reported openly http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/CWTTXU/LE/h?a1=2013&a2=5&a3=17   Dell earnings fall short of expectations Michael Dell's $24.4bn buyout bid with the Silver Lake private equity group comes as PC demand continues to show a sharp decline http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/IEOO9R/LE/h?a1=2013&a2=5&a3=17   Caterpillar settles with former ERA owners The US group secures a $135m reduction to the purchase price of the Chinese group it bought in 2012, following writedown in January http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/87PPM1/LE/h?a1=2013&a2=5&a3=17   Markets   Shares pause after soft US data Global stocks and the dollar took a breather as a batch of weak US data releases rekindled uncertainty over the outlook for global growth http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/MJ22R6/LE/h?a1=2013&a2=5&a3=17   US farmland prices draw bubble talk Whether the rise in prices is overheating the market has become a feverishly discussed question among land shoppers from farmers to pension funds http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/A5114L/LE/h?a1=2013&a2=5&a3=17   US in compromise on derivatives trade rules Rules for trading on Swap Execution Facilities, seen as a way to reform OTC derivatives without forcing them on to an exchange, have been watered down http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/Z8EEO6/LE/h?a1=2013&a2=5&a3=17   US stocks snap record-setting run Nine of the 10 major industry groups on the benchmark traded lower with information technology stocks serving as the lone exception http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/RP55U7/LE/h?a1=2013&a2=5&a3=17   Talk of North Sea exit boosts UK's Cairn Oilfields that have passed the final investment decision tend to be valued higher by the industry than by equity markets http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/4VRR2L/LE/h?a1=2013&a2=5&a3=17   World News - latest world news headlines - FT.com   Christie's sets global record with $495m sale Works by Pollock, Lichtenstein and Basquiat make auction history as cash-rich individuals in search of high returns opt to pour money into art http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/20SSC5/LE/h?a1=2013&a2=5&a3=17   Obama under pressure over IRS scandal Asked if anyone in the White House had knowledge about the IRS actions before this week, Mr Obama said that he personally had not http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/MJ22RB/LE/h?a1=2013&a2=5&a3=17   Hollande goes on economic 'offensive' The embattled French president has pledged 'more growth and less austerity' in Europe, plus measures to fight youth unemployment and boost investment http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/87PPME/LE/h?a1=2013&a2=5&a3=17   Iran's Jalili vows 'resistance' presidency The candidate many consider the supreme leader's favourite says his experience at the negotiating table will help him fight off international pressure http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/87PP52/LE/h?a1=2013&a2=5&a3=17   Europe News - latest Europe news headlines - FT.com   European banks face tougher scrutiny European Banking Authority says aim of the 'asset quality review' is to make sure capital ratios accurately reflects quality and riskiness of holdings http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/MJ22FS/LE/h?a1=2013&a2=5&a3=17   Tory EU battle hurting economy, says Cable The Lib Dem business secretary has warned that uncertainty created by the Conservatives' 'self-indulgent civil war' is deterring potential investors http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/EKBBDH/LE/h?a1=2013&a2=5&a3=17   Scottish protesters force Farage retreat Ukip's drive to build its franchise to Scotland suffered a setback as its barracked leader fled in a police van from an Edinburgh election meeting http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/87PPMR/LE/h?a1=2013&a2=5&a3=17   Britain is hurtling to the exit from Europe The UK prime minister's strategy to deal with pressure for a departure is being torn to shreds by sceptics who have learnt from past mistakes http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/LSVVJM/LE/h?a1=2013&a2=5&a3=17   European companies   SocGen reaffirms commitment to Russia French lender issues statement following news that the chief of Rosbank, in which it owns an 82 per cent stake, has been charged with bribery http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/GY88IU/LE/h?a1=2013&a2=5&a3=17   SFO explores powers for oil price inquiry European Commission probe focuses political scrutiny on oil industry, amid concern over rising energy prices for economically stressed households http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/6ANNZG/LE/h?a1=2013&a2=5&a3=17   Qatar buys into Milan property project New share subscription to give Gulf state an ownership interest of about 40 per cent of the €2bn scheme as it diversifies away from hydrocarbons http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/9MUU5E/LE/h?a1=2013&a2=5&a3=17   Magnitude of coup has few precedents More than 80% of votes cast by shareholders opposed Sir John's re-election as chairman – and he was not alone in suffering the ire of investors http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/K9CCSC/LE/h?a1=2013&a2=5&a3=17   A chastening coda to Bond's career City grandee, who had intended to stay at the helm until a new chairman for Glenstrata arrived, was swept away on a lack of support from shareholders http://link.ft.com/r/5F39HH/LSG3MD/26QPAK/NJIES7/VTKKBV/LE/h?a1=2013&a2=5&a3=17   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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