Global business: Report blasts ENRC for Congo deals, Google launches ...
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Global Business
Friday May 10 2013
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Companies news and analysis - FT.com
Report blasts ENRC for Congo deals
Kofi Annan's Africa Progress Panel says the Congo incurred losses of $1.36bn as a result of the alleged undervaluation of state assets in five mining deals
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/LSV38D/AZ/h?a1=2013&a2=5&a3=10
Google launches YouTube subscriptions
The announcement will give owners of 30 popular channels on the video website an additional revenue stream to supplement income from advertising
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/87PXJQ/AZ/h?a1=2013&a2=5&a3=10
JPMorgan sued over credit card debt collecting
Thursday's suit echoes the wave of foreclosure-related robo-signing accusations that engulfed big US banks, including JPMorgan, almost three years ago
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/6AN49S/AZ/h?a1=2013&a2=5&a3=10
RBS chief focuses on escaping the state
Stephen Hester is convinced the lender is entering its last phase of repair from a 'bust bank to normal bank' ahead of reprivatisation
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/T1WGZW/AZ/h?a1=2013&a2=5&a3=10
LNG deal opens door for Texas imports to UK
The slump in US natural gas prices caused by the shale boom has opened up potentially lucrative opportunities for sales to Europe and Asia
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/4VRMES/AZ/h?a1=2013&a2=5&a3=10
Rival telecoms moguls woo Sprint investors
US mobile phone industry undergoes a massive round of upheaval, with old rivals partnering up and new entrants looking for seats at the table
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/HI6JT0/AZ/h?a1=2013&a2=5&a3=10
UK watchdog launches probes into KPMG
Investigation into whether group was independent when it audited car dealer Pendragon in 2010 and 2011 and regarding shares held by a KPMG partner
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/4VRMEI/AZ/h?a1=2013&a2=5&a3=10
Apple's 'iRadio' talks hit royalties snag
Despite signing up Universal, the iPhone maker is still negotiating terms with Sony, while it is close to reaching agreement with Warner
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/MJ2P64/AZ/h?a1=2013&a2=5&a3=10
Eight charged over $45m bank cyber thefts
The charges are part of a growing effort to punish cybercriminals who use networks with cells around the globe to break into financial institutions
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/HI6JHY/AZ/h?a1=2013&a2=5&a3=10
Retailer leaps on Microsoft Nook bid talk
According to leaked internal documents obtained by TechCrunch, Microsoft is proposing a $1bn offer to buy the digital assets of Nook Media
http://link.ft.com/r/M2ZOXX/20KRJI/9Z3GXS/7AONR1/WHDO4G/AZ/h?a1=2013&a2=5&a3=10
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