In today's FT: P&G brings back veteran Lafley as chief, The day UK ...

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/19JYUU/EKB7AH/Z9SGF0/WLXS67/   In today's FT Friday May 24 2013 Financial Times - UK Homepage   P&G brings back veteran Lafley as chief Procter & Gamble's embattled chief executive Bob McDonald is stepping down and will be replaced by his predecessor A.G. Lafley after a period of weak performance http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/SU4JFA/VU/h?a1=2013&a2=5&a3=23   The day UK had six hours' gas left Low storage levels and persistent cold weather were to blame, says senior energy official, while one power supplier warns of higher bills to come http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/IEOWKR/VU/h?a1=2013&a2=5&a3=23   Google faces fresh inquiry from FTC The regulators are probing areas of the display advertising market where Google has had a leading presence since its acquisition of display company DoubleClick in 2007 http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/PN7QST/VU/h?a1=2013&a2=5&a3=23   Financial Times - US homepage   Market bulls run into the sand Swing in sentiment marked the first significant interruption to what has been a prolonged period of rising stock markets since last November http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/NRAIQ6/VU/h?a1=2013&a2=5&a3=23   EU rushes out tax transparency law Big companies' tax affairs in Europe are to be opened up to greater public scrutiny with the EU rushing out a law to reveal profits and taxes http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/HI64XD/VU/h?a1=2013&a2=5&a3=23   Spain's banks face €10bn more provisions More than €200bn of loans rolled over before they expired – often because corporate borrowers would be unable to repay on time and in full, says recent data http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/ULXF35/VU/h?a1=2013&a2=5&a3=23   Financial Times - Europe homepage   MI5 faces inquiry into intelligence on suspects Parliamentary inquiry prompted into how MI5 handled intelligence material relating to the two men being held over London attack http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/MJ2YEQ/VU/h?a1=2013&a2=5&a3=23   Obama rewrites rules for drone strikes Fresh regulations come in ahead of US president's speech on legal, moral and political considerations behind use of machines http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/SU4JFT/VU/h?a1=2013&a2=5&a3=23   Dispute brews up over German shale search Merkel faces headache from iconic German industry as she draws up framework to allow hydraulic fracturing to explore for energy supplies in Europe's biggest economy http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/6AN6OG/VU/h?a1=2013&a2=5&a3=23   Financial Times - Asia homepage   Chinese banks barred from sponsoring IPOs The China Securities Regulatory Commission suspends three brokerages from handling any IPO business as it seeks to clean up the market http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/Q3M9JG/VU/h?a1=2013&a2=5&a3=23   Japan slump tests faith in Abenomics run Nikkei dives 7%, the steepest fall since the March 2011 earthquake and tsunami, in the first setback to Abe's drive to reflate third-largest economy http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/ULXF3Q/VU/h?a1=2013&a2=5&a3=23   China data add urgency to stimulus calls Factory activity shrank for the first time in seven months, raising concerns of sluggish growth and adding to pressure on Beijing to act http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/NRAIQB/VU/h?a1=2013&a2=5&a3=23   World News - latest world news headlines - FT.com   G8 and G20 focus on tackling avoidance OECD is drawing up plans to reform rules on taxing companies across borders but experts are sceptical about governments' willingness to co-operate http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/Z8E1T4/VU/h?a1=2013&a2=5&a3=23   IRS scandal puts focus on Obama activist group Tax exempt groups are playing a larger-than-ever role in US politics in the wake of court decisions that have made them attractive to strategists http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/7Z3OCM/VU/h?a1=2013&a2=5&a3=23   Draghi calls for 'more European UK' Unease in continental Europe about the damaging effects to the bloc as a whole that might arise from a British exit from the EU http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/EKB75X/VU/h?a1=2013&a2=5&a3=23   Judges grill Lagarde over €400m pay-off Judges probe IMF chief's role in 2008 arbitration process that settled a long-running legal dispute involving colourful the multimillionaire http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/IEOWKN/VU/h?a1=2013&a2=5&a3=23   Stockholm rioters vent fury on police Following violence across Stockholm, people in the northern suburb of Husby say tensions in the area have been growing for years http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/3CJB8P/VU/h?a1=2013&a2=5&a3=23   Companies news and analysis - FT.com   McDonald's defends on obesity concerns McDonald's has come under increased pressure in recent years over how its food has contributed to obesity in the US, especially among children http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/EKB7MZ/VU/h?a1=2013&a2=5&a3=23   ENRC says hackers may have stolen data Beleaguered miner upgrades its security systems after alerting UK regulator that a laptop had been stolen during a domestic burglary http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/9MUC2L/VU/h?a1=2013&a2=5&a3=23   Twitter lures advertisers with ad tracker Group will attempt to capitalise on the trend of people visiting social networking sites and using mobile devices while watching television http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/JQ0XDU/VU/h?a1=2013&a2=5&a3=23   Glencore Xstrata raises $5bn in bond sale First tranche of funding since $76bn merger was completed three weeks ago comes amid record low yields for investment-grade corporate bonds http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/7Z3O0C/VU/h?a1=2013&a2=5&a3=23   Ralph Lauren profits overcome weaker sales Ongoing macroeconomic pressures weigh on retailer as company shutters two brands http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/MJ2YEC/VU/h?a1=2013&a2=5&a3=23   Markets   Wall Street shrugs off Nikkei slide Bullish US equity investors brush aside steep losses for Japanese shares and concerns about the outlook for the Chinese economy http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/7Z3OCN/VU/h?a1=2013&a2=5&a3=23   Oil and copper tumble on weak China data Oil falls more than a dollar while the red metal falls more than 3% following weak Chinese data and a plunge in the Japanese stock market http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/EKB75O/VU/h?a1=2013&a2=5&a3=23   Venture capital misses out on bull run In the first three months of 2013 a mere 35 US venture capital funds raised just $4bn – 12% lower than a lousy performance the year before http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/LSVDYY/VU/h?a1=2013&a2=5&a3=23   Spain mulls inflation-linked debt sale Spanish bond yields have fallen sharply since the height of the eurozone debt crisis, driven by promise of intervention from the European Central Bank http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/K9CKYC/VU/h?a1=2013&a2=5&a3=23   UK's FTSE suffers biggest fall in a year Miners led the wider market lower on weak Chinese manufacturing data. The FTSE 100 dropped from a 13-year high, losing 2.1 per cent or 143.48 points at 6,696.79 http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/Q3M9S9/VU/h?a1=2013&a2=5&a3=23   Financial Times - Comment   Abe will not help by rewriting history The stability of leadership and economic strategy that the prime minister brings are positives but his flirting with historical revisionism is not http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/T1WRNV/VU/h?a1=2013&a2=5&a3=23   Osborne should not be complacent It is extraordinary for the International Monetary Fund to criticise the fiscal policies of a member of the G7 for being too tight http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/FDGM4O/VU/h?a1=2013&a2=5&a3=23   Obama and the one-sided drone war Since they began in November 2002, in Yemen, Pakistan, and Somalia, the US has conducted approximately 425 non-battlefield targeted killings http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/PN7Q9Y/VU/h?a1=2013&a2=5&a3=23   Investors seem to ignore the real world Hopes that the world economy would rebound thanks to the use of monetary drugs, recovery in the US and strength in China look hallucinatory http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/VTKNP8/VU/h?a1=2013&a2=5&a3=23   I saw the best taxes of my generation ... The US Senate investigation of Apple demonstrates that too many of America's finest minds are spending too much time thinking about the US tax code http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/RP5SRU/VU/h?a1=2013&a2=5&a3=23   Financial Times - Management   Lessons from an old master As a private investigator of art crimes, former policeman Richard Ellis practises a long-term approach to sleuthing, relying on a network of contacts http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/4VRG6Q/VU/h?a1=2013&a2=5&a3=23   All-in-one computer race hots up Three more computer manufacturers have joined the race for supremacy in the new sector of hybrid touchscreen, desktop PC/tablet machines http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/VTKNPT/VU/h?a1=2013&a2=5&a3=23   A luxury house take its artisans on tour Hermès is taking to the road to show consumers the specialised skills and hours of detailed work that play a large part in its pricetags http://link.ft.com/r/19JYUU/HIL0MT/5CJLMI/7A0WU8/JQ0XDC/VU/h?a1=2013&a2=5&a3=23   Special Reports - FT.com The Future of Business Data Poland The Connected Business Global Brands Video Lex SAB Miller's results SABMiller’s results prove it is doing well. Sales volumes have started to improve in Australia after acquiring Fosters. Lex’s Vincent Boland and Julia Grindell talk about SABMiller’s steady profit growth and its incoming chief executive Alan Clark. 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..