Asia AM: Apple faces US import ban over patents, Brazil slash...
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Asia AM
Wednesday June 05 2013
Financial Times - Asia homepage
Apple faces US import ban over patents
Devices caught by ban are AT&T variants of iPhone 4, 3GS and 3G, as well as original iPad and iPad 2 which run on second-largest US mobile network
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/EKGL3Q/6C/h?a1=2013&a2=6&a3=4
Brazil slashes financial transactions tax
Government cuts tax from 6% to zero in move that signals concern that Brazil's currency is weakening too quickly against the dollar
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/7ZPRQI/6C/h?a1=2013&a2=6&a3=4
IBM and Salesforce strike cloud deals
IT groups complete $4.5bn M&A deals to expand their presence in the rapidly growing technology area of storage and services
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/FD8TPF/6C/h?a1=2013&a2=6&a3=4
HSBC accused of ignoring US foreclosure law
Bank is accused of ignoring a state law designed to encourage banks and homeowners to resolve foreclosure cases and avoid rising costs
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/YGEK5G/6C/h?a1=2013&a2=6&a3=4
Amazon set to sell $800m in ads
The revenue estimate from eMarketer points to advertisers' desire to target ads based not only on what people search for online but on what they buy
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/XBIXMV/6C/h?a1=2013&a2=6&a3=4
Brussels offers China solar reprieve
Karel De Gucht, EU trade commissioner, cuts punitive tariffs on imports of Chinese solar panels for two months in an attempt to avert a trade war
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/EKGL3Y/6C/h?a1=2013&a2=6&a3=4
Abe's arrow aims to pierce labour shield
Workplace reform will be critical to determine the success of Abenomics as the prime minister prepares to launch his national growth strategy
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/SUW7VC/6C/h?a1=2013&a2=6&a3=4
Murthy faces daunting challenge at Infosys
The past glories of the Indian outsourcer are fading because the company has failed to keep pace with its more nimble, aggressive competitors
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/ULK5AZ/6C/h?a1=2013&a2=6&a3=4
Turkey's politicians seek to ease tension
The deputy prime minister, speaking on behalf of Erdogan, says the excessive use of force against the protesters was 'wrong and unjust'
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/SUW7V6/6C/h?a1=2013&a2=6&a3=4
Smithfield offers $48m in deal bonuses
Top employees at the largest US pork producer will be in line for nearly $48m of retention bonuses if its takeover by China's Shuanghui goes ahead
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/VTD4ZH/6C/h?a1=2013&a2=6&a3=4
Financial Times - US homepage
Rural US shrinks as young flee for the cities
The few rural areas experiencing population growth include regions where new energy sources have been uncovered, such as North Dakota
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/3CRQDI/6C/h?a1=2013&a2=6&a3=4
Twelve dead as floods hit central Europe
At least 12 deaths and thousands are evacuated from Czech Republic, Germany, Poland and Austria as Danube and Elbe rivers burst their banks
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/IE0GLJ/6C/h?a1=2013&a2=6&a3=4
Google expands renewable energy sourcing
Google has invested over $1bn in low-carbon power in recent years, including a $200m Texas wind farm deal and $280m in US solar projects
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/Q35A00/6C/h?a1=2013&a2=6&a3=4
Financial Times - UK Homepage
MPs direct fire at Furse over FPC seat
Former LSE chief executive quizzed by MPs over her qualifications and preparation to join the Bank of England's new stability arm
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/1OSIXV/6C/h?a1=2013&a2=6&a3=4
Apple described as 'go between' in ebook battle
Crux of case is so-called 'agency model' Apple adopted in deals with five publishers timed for the launch of its iPad device and iBookstore in 2010
http://link.ft.com/r/XYEWFF/K9G8QF/18E32X/R3JD8F/MJA0GU/6C/h?a1=2013&a2=6&a3=4
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