In today's FT: ECB ‘ready’ for more action after rate cut, RBS head...

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/H60H77/SU5J6Z/E86XCI/C51OYF/   In today's FT Friday May 03 2013 Financial Times - UK Homepage   ECB 'ready' for more action after rate cut A stream of bad data increased the pressure to act but opposition from a German representative in the bank's inner sanctum highlighted the constraints to further action http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/209HXB/36/h?a1=2013&a2=5&a3=2   RBS head to send signal for reprivatisation Sir Philip Hampton, chairman, will announce that state-backed bank will be ready to start preparing information on share sale as soon as next year http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/A5UVJJ/36/h?a1=2013&a2=5&a3=2   Japan set for Turkish nuclear deal With Abe due to sign an agreement with Erdogan, a deal to build the nuclear plant in Sinop would be economically and symbolically significant for Tokyo http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/1OQTXC/36/h?a1=2013&a2=5&a3=2   Financial Times - US homepage   Intel names 30-year veteran as new chief Krzanich is steeped in Intel's core manufacturing operations, having joined in 1982 as an engineer and rising to manage one of its 'fabs' http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/LSCDBT/36/h?a1=2013&a2=5&a3=2   LinkedIn shares hit as forecast disappoints The professional social network reported earnings per share of 45 cents on revenues of $324.7m, well ahead of consensus projections http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/DXTZNQ/36/h?a1=2013&a2=5&a3=2   Pressure to clip Fannie and Freddie's wings Fears that commercial mortgage trading by government-controlled finance giants is distorting the US housing market http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/7ZNOQB/36/h?a1=2013&a2=5&a3=2   Financial Times - Europe homepage   Italy aims to join 'virtuous' deficit club Leaving the European Commission's 'excessive deficit procedure' next month would contribute to lowering the cost of government and private borrowing http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/YGYU58/36/h?a1=2013&a2=5&a3=2   SAC Capital threatens to claw back bonuses Letter from Steven Cohen, revered as one of the most successful hedge fund managers, comes ahead of deadline for clients to request their money back http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/Q3790W/36/h?a1=2013&a2=5&a3=2   Trio emerge as frontrunners for Shell role Marvin Odum, who heads Shell's exploration and production division in the Americas; Andy Brown, who runs all other upstream operations; and Simon Henry, the group's chief financial officer, seen as likely successors http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/209HKI/36/h?a1=2013&a2=5&a3=2   Financial Times - Asia homepage   Temasek to take $500m stake in Markit Fund's move is a bet that tough regulations have created a lasting shift in spending in the financial industry towards risk management and data http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/NR2I84/36/h?a1=2013&a2=5&a3=2   Star Chinese financier launches $2bn fund Fang Fenglei, of Goldman Sachs' China subsidiaries, is raising money for a fund more than two years after winding down his last private equity venture http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/VTXNZT/36/h?a1=2013&a2=5&a3=2   Twitter appointment fuels IPO talk Many analysts regard an IPO as the natural next step for the company, which launched in 2006 and has quickly risen to a valuation of $9bn http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/OFAE62/36/h?a1=2013&a2=5&a3=2   World News - latest world news headlines - FT.com   Obama picks Pritzker for commerce post The US president also tapped Michael Froman, his top international economic adviser, to be US trade representative http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/LSCDBL/36/h?a1=2013&a2=5&a3=2   Draghi urges faith in austerity measures The ECB president said euro area countries had succeeded in cutting deficits in the past two years but average debt had risen to 90.6 per cent in 2012 http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/87309J/36/h?a1=2013&a2=5&a3=2   Syria rebels see funders run short of cash Financing from networks of well-off individuals is starting to cease as the Syrian conflict escalates, driving smaller groups into shortlived alliances http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/VTXNZL/36/h?a1=2013&a2=5&a3=2   Sentiment turns against Golden Dawn rhetoric Police were asked to clear the square on grounds that the neo-Nazi party had not sought permission and that the distribution amounted to an act of racial discrimination http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/B412RL/36/h?a1=2013&a2=5&a3=2   Sars-like virus kills five in Saudi Arabia Total deaths in the kingdom this year from the coronavirus reaches six, while two other people are in intensive care http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/7ZNOE8/36/h?a1=2013&a2=5&a3=2   Companies news and analysis - FT.com   Chip off the old block takes helm at Intel Chief will have tough decisions on how far Intel should go in 'renting out' parts of manufacturing powerhouse on which number-one position has been built http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/4VJGY7/36/h?a1=2013&a2=5&a3=2   Cooksey quit ENRC after spat with oligarchs Sir David Cooksey, a former director of the Bank of England, had lent the Kazakhstan company important credibility at the time of its 2007 IPO as chairman http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/PNZQO5/36/h?a1=2013&a2=5&a3=2   Buyout group Ares prepares for IPO If the company proceeds with a listing, it would come on the back of a rally in the shares of the big listed private equity groups http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/52R8IE/36/h?a1=2013&a2=5&a3=2   Praise for chief who steered Shell to stability Peter Voser bequeaths a strong pipeline of projects after overseeing a surge in production after years of decline, bringing praise for his timing http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/52R8IX/36/h?a1=2013&a2=5&a3=2   Banks feeding overcapacity in food sector By seizing control of food and drinks companies through debt-for-equity swaps or rolling over loans, critics say banks are aiding 'zombie' companies http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/IE6WLG/36/h?a1=2013&a2=5&a3=2   Markets   Euro tumbles on ECB deposit rate remarks Dollar strengthens as US Federal Reserve shows willingness to extend bond-buying programme http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/LSCDBC/36/h?a1=2013&a2=5&a3=2   ECB lowers rates and stands 'ready' to do more Euro weakens as markets digest the possibility of negative eurozone interest rates, while the S&P 500 hits fresh record ahead of US jobs report http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/LSCDBE/36/h?a1=2013&a2=5&a3=2   Hedge funds find salvation in Abenomics The soaring Nikkei and plummeting yen, spurred by policies in Japan, have led to big returns http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/XBDPM7/36/h?a1=2013&a2=5&a3=2   Gulf needs more hospitals than Hummers Kuwait is wise to invest more in real estate and infrastructure projects, while much of the region is living on borrowed time http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/GYG5UK/36/h?a1=2013&a2=5&a3=2   Philippines gains investment-grade status Standard & Poor's upgrade follows that of Fitch in March and will allow government bonds to be included in indices tracked by global bond funds http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/WHK378/36/h?a1=2013&a2=5&a3=2   Financial Times - Comment   Threats to Asia's fragile power balance The world's most vibrant region is also potentially its most combustible, and then there is North Korea, writes Philip Stephens http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/EKH73G/36/h?a1=2013&a2=5&a3=2   Beware the spell of magic numbers Economic policy and analysis would benefit from a less credulous acceptance of each purported research finding, writes Samuel Brittan http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/EKH7N7/36/h?a1=2013&a2=5&a3=2   Scientists need to prevent health scares Antivaccination campaigners have existed for as long as vaccination itself but scientific institutions and the media can help counter such panics http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/209HXT/36/h?a1=2013&a2=5&a3=2   France and Germany have a vital role Two countries with size and credibility need to settle their differences and act on their duty to shape a vision of the European project http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/VTXNAP/36/h?a1=2013&a2=5&a3=2   A crazy bet on a serious problem Tempting though it is to attribute a weird story to a weird place, the reality is that it is a symptom of a national condition, writes Gary Silverman http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/GYG5UC/36/h?a1=2013&a2=5&a3=2   Financial Times - Management   The spray-can entrepreneur Graffiti artist David Speed is putting his skills at the service of advertisers and event organisers, and is keen to portray his business as serious, not quirky http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/A5UVJI/36/h?a1=2013&a2=5&a3=2   A brewed awakening for coffee shop brands In both America and Britain, a new wave of independent coffee shops are stealing a march on their bigger chain-store competitors http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/IE6WLR/36/h?a1=2013&a2=5&a3=2   Saddle up for a super-charged bike ride If you long to leave fellow commuters standing at traffic lights, speed up hills and have. your own superhero red cape, this is the bike for you http://link.ft.com/r/H60H77/1OXCLE/LQ05NB/4CG4PY/IE6WLZ/36/h?a1=2013&a2=5&a3=2   Special Reports - FT.com Risk Management: People Innovation and the Economy Watches & Jewellery Combating Malaria Video Lex Shell should seek long-play chief Peter Voser is to step down as chief executive of Royal Dutch Shell next year. Lex's Oliver Ralph and Vincent Boland discuss Mr Voser's unexpected move and what type of CEO the Anglo-Dutch oil major should now be looking for. 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..