| * EU trade push against Chinese solar panels seriously weakened * China eyes cap on carbon emissions by 2016 * Gas field discovery with BP lifts Reliance shares * Diageo closer to control of India's United Spirits * Singapore cements offshore renminbi ambitions * JetBlue founder to take Brazilian airline Azul public * Russia's Detsky Mir: buoyant sales of children's goods prompt IPO plans * Ukrainian tycoon seeks ouster of JKX chief Paul Davies * Ethiopia's leader aims to maintain tight rein on key businesses Markets: mixed EU trade push against Chinese solar panels seriously weakened
Germany led a majority of EU members on Monday to oppose punitive duties on imported Chinese solar panels, undermining an aggressive attempt by the bloc's trade commissioner to combat allegedly unfair competition from China.
http://on.ft.com/11rNUmj China eyes cap on carbon emissions by 2016
China is looking at introducing tough controls on its carbon pollution as soon as 2016, in a shift that could boost talks on a global agreement to curb greenhouse gas emissions, an official at the heart of state carbon policy has said.
http://on.ft.com/1406Nsi Gas field discovery with BP lifts Reliance shares
Shares in Reliance Industries, India's largest listed company by revenue, closed up more than 5 per cent in Mumbai on Monday as investors responded warmly to the announcement of a discovery in the gas field the company co-owns with Britain's BP.
http://on.ft.com/11m22HG Diageo closer to control of India's United Spirits
Diageo, the world's biggest distiller by sales, has moved a step closer to securing control of Indian peer United Spirits after paying some £300m for a 10 per cent slice of the group's enlarged capitalisation from a preferential share allotment on Monday.
http://on.ft.com/12JMfFc Singapore cements offshore renminbi ambitions
Singapore cemented its ambitions to become an offshore centre for the use of the Chinese currency as HSBC and Standard Chartered became the first banks to issue bonds denominated in renminbi, creating a new market in what are likely to be known as "Lion City" bonds.
http://on.ft.com/19gVrG2 JetBlue founder to take Brazilian airline Azul public
David Neeleman, the founder of US carrier JetBlue, has filed plans to take his Brazilian airline public in a deal that is set to raise about R$1bn (US$487m) and help bolster his position in one of the industry's fastest-growing markets.
http://on.ft.com/10w81y4 Russia's Detsky Mir: buoyant sales of children's goods prompt IPO plans
A contraction in Russian economic growth is taking a toll on consumer confidence. But while Russian shoppers are spending more carefully, it appears they can't say 'no' to their kids. Detsky Mir, the country's biggest children's goods retailer, is anticipating a double-digit increase in revenues in 2013 for the second year in a row and is confident enough about the outlook to begin planning for an initial public offering.
http://on.ft.com/19gB63F Ukrainian tycoon seeks ouster of JKX chief Paul Davies
Paul Davies, the longstanding chief executive of JKX Oil & Gas, will have to face down one of Ukraine's richest businessman at a meeting of shareholders next week, where he risks being voted off the board.
http://on.ft.com/10BHJHh Ethiopia's leader aims to maintain tight rein on key businesses
Ethiopia's new prime minister has ruled out loosening state control of key businesses, dealing a blow to foreign investors circling one of Africa's fastest growing economies and sending a clear signal that his administration will stick closely to the statist policies advocated by his predecessor.
http://on.ft.com/15bVjEH Emerging Markets
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CNX Nifty up +0.22% at 6,096 Currencies
€/$ 1.29 (1.29)
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