Global business: Android advance eats into Apple’s lead, China blocks...
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Global Business
Monday June 03 2013
Companies news and analysis - FT.com
Android advance eats into Apple's lead
While Google's smartphone platform is not yet seen by developers as outpacing Apple's iOS, Android now matches it in many respects
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/3CRKBA/N9/h?a1=2013&a2=6&a3=3
China blocks MasterCard venture
Chinese central bank has ordered an online payment platform to stop issuing renminbi-settled credit cards in partnership with MasterCard
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/52NY8R/N9/h?a1=2013&a2=6&a3=3
Wells chief warns Fed over debt proposal
John Stumpf playing more active role as a spokesman for US banking, particularly since Jamie Dimon of JPMorgan Chase has reined in criticism
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/LS2HDO/N9/h?a1=2013&a2=6&a3=3
Foreign investors buy GM Building stake
Two New York office property deals have highlighted the strength of one part of the real estate market just as the market generally struggles to recover from the financial crisis
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/87UQ07/N9/h?a1=2013&a2=6&a3=3
Vodafone to boost UK capex by 50%
Telecom will reveal the budgeted hike in domestic capital expenditure this week, saying that spending will increase by more than £300m, up from £600m last year
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/A5LSVS/N9/h?a1=2013&a2=6&a3=3
BofA and AIG line up in subprime battle
New York court to hear arguments on whether to approve an $8.5bn settlement between investors in mortgage bonds and their originator Countrywide
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/DXBFZQ/N9/h?a1=2013&a2=6&a3=3
Twitter's regulatory problems flagged
Social media site's speed causes issues as it makes it difficult to monitor and its impact on investors is increasingly hard to ignore
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/IE01W0/N9/h?a1=2013&a2=6&a3=3
Co-op weighs up banking arm rescue plan
The Co-operative is considering saving cash by imposing a partial or entire cut in the coupon paid to its bank's junior bondholders
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/3CRKBY/N9/h?a1=2013&a2=6&a3=3
Telefónica eyes sale of O2 Ireland operation to cut debt
A deal for the country's second-largest mobile group, though not officially being pursued, could raise as much as €700m for the Spanish telecoms group
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/NRZGIW/N9/h?a1=2013&a2=6&a3=3
Lula joins talks over Vale potash venture
Hopes are being pinned on Brazil's ex-president Luiz Inácio Lula da Silva intervening over the future of Vale's suspended potash mine in Argentina
http://link.ft.com/r/LVA6WW/HIT3EZ/A7P8KJ/97V197/Q35O9W/N9/h?a1=2013&a2=6&a3=3
In depth - FT.com
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