Europe Morning Headlines: Backlash over US snooping intensifies, Japan revises...

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/EB8122/52NU6J/ME64IV/RN7YTC/   Europe morning headlines Monday June 10 2013 Financial Times - Europe homepage   Backlash over US snooping intensifies Obama administration under pressure from lawmakers over the scope of its electronic surveillance of telephone records and online communications http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/4VF1CL/GX/h?a1=2013&a2=6&a3=10   Japan revises up Q1 growth to annual 4.1% The economy grew 1% quarter-on-quarter, better than first reported, giving a boost to Prime Minister Shinzo Abe http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/VTD9LD/GX/h?a1=2013&a2=6&a3=10   Bank reforms spur BNP to merge US units French group looks to offset impact of threatened ringfencing rules by combining retail and investment banking operations to improve capital efficiency http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/ULKQ1Y/GX/h?a1=2013&a2=6&a3=10   Brussels gets tough on single airspace plan The European Commission will on Tuesday warn that member states could be fined for failing to implement its single European sky project http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/VTD9L4/GX/h?a1=2013&a2=6&a3=10   SEC counsel faces whistleblower's claims Former Deutsche Bank risk manager filed discrimination complaint with US Department of Labor naming Rice, with four other executives, as respondent http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/WHYSLQ/GX/h?a1=2013&a2=6&a3=10   Markets   Asian markets boosted by US jobs report Shares rebound after encouraging US jobs report but raft of disappointing economic data from China limits gains http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/A5L871/GX/h?a1=2013&a2=6&a3=10   EM groups look to bonds over banks Comapnies borrowed half as much from banks in the second quarter compared with the same period last year while market borrowing has risen by two-thirds http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/LS259V/GX/h?a1=2013&a2=6&a3=10   Ansteel braced for 'long-term struggle' Zhang Xiaogang, Ansteel chairman, said he expected average iron ore price to be around $110 to $120 a tonne, implying prices would continue downward http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/Q35DNK/GX/h?a1=2013&a2=6&a3=10   Credits scarcity propels US carbon market Quarterly auction held by the Regional Greenhouse Gas Initiative auction twice oversubscribed with the highest clearing price in four years http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/DXB04G/GX/h?a1=2013&a2=6&a3=10   World News   Choke on banks stifles Cyprus economy Businessmen vent frustration at efforts to restore the island's economy and rescue its banking system http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/6A3T2B/GX/h?a1=2013&a2=6&a3=10   Obama-Xi summit lays out big questions It is unclear if the summit will mark a reset in a distrustful relationship between an established power and a rising rival, with all the dangers that entails http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/6A3T2T/GX/h?a1=2013&a2=6&a3=10   Koreas hold first talks in two years Representatives of Pyongyang and Seoul meet at the border post of Panmujom in a prelude to possible ministerial-level dialogue this week http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/EKGCXO/GX/h?a1=2013&a2=6&a3=10   Europe News - latest Europe news headlines - FT.com   Data scandal threatens EU-US trade talks European lawmaker says claims of mass data gathering by the National Security Agency could strengthen demands over data protection http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/FD8VKH/GX/h?a1=2013&a2=6&a3=10   European companies   Credit investment rises as lending shrinks Pension funds and insurers plan to allocate more money to fund managers who are filling the void left by the European banking sector, says a survey http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/RP4Y3M/GX/h?a1=2013&a2=6&a3=10   High fuel prices spell cheer for Seaspan Miserable market conditions and financing problems mean business is booming for the lessor of new, large and fuel-efficient vessels http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/EKGCW6/GX/h?a1=2013&a2=6&a3=10   Cnooc in joint bid for Arctic oil Eykon Energy to help Chinese group bid for exploration licence off the northeast coast of Iceland as interest in the polar region increases http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/HIOAY0/GX/h?a1=2013&a2=6&a3=10   Nike and Adidas adopt 3D printing Footwear makers say technology has accelerated prototype development and reduced staffing needs, becoming an complement to labour-intensive factories http://link.ft.com/r/EB8122/SUA91T/JI67RT/C4ZZNV/WHYSLY/GX/h?a1=2013&a2=6&a3=10   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. 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