Global business: Hester to step down as RBS chief, France Tel chief u...
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Global Business
Thursday June 13 2013
Companies news and analysis - FT.com
Hester to step down as RBS chief
Standard Chartered finance chief Richard Meddings said to be among those indirectly approached as a successor
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/WHYU0A/PJ/h?a1=2013&a2=6&a3=13
France Tel chief under formal investigation
During more than two days of police questioning Stéphane Richard was moved to a hospital apparently suffering from fatigue
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/ULK36L/PJ/h?a1=2013&a2=6&a3=13
Data patchwork covers every area of life
While a backlash grows over governments gathering data, private companies are developing and refining insights into every aspect of people's lives
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/XBI1CH/PJ/h?a1=2013&a2=6&a3=13
Banks prepare credit lines for edge on Box IPO
At least three banks are in talks with enterprise cloud start-up Box about extending a credit line, despite banks typically avoiding lending to start-ups
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/7ZPCXW/PJ/h?a1=2013&a2=6&a3=13
Safeway accepts $5.7bn offer for Canada stores
Robert Edwards, Safeway chief executive, said that the group would use the cash from the deal to pay down $2bn of debt and buy back shares
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/CWH7EQ/PJ/h?a1=2013&a2=6&a3=13
India's Apollo in $2.5bn deal for Cooper Tire
All-cash purchase of Cooper Tire, one of the largest US tyre makers, is the latest sign of the growing international focus on the car sector
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/4VF65A/PJ/h?a1=2013&a2=6&a3=13
New BAE chairman to keep status quo
Investors stand by Carr's plan not to interfere with 'excellent' CEO King, but suggest non-exec line-up could be refreshed
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/1OSBZG/PJ/h?a1=2013&a2=6&a3=13
FTC urged to investigate Herbalife claims
Linda Sanchez is a prominent leader in the US Latino community, which provides a large proportion of recruits for Herbalife's network of self-employed sales people in the US
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/MJAEU9/PJ/h?a1=2013&a2=6&a3=13
Coty raises $1bn from initial public offering
The company, which creates fragrance lines for luxury brands sold 57.1m shares at $17.50 a piece, the midpoint of its expected range of $16.50 and $18.50.
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/NRZQ1H/PJ/h?a1=2013&a2=6&a3=13
Apple dealmaker Cue thrust into spotlight
Cue is normally focused on behind the scenes matters and has helped create a media powerhouse, but is being portrayed as rookie in field of ebooks
http://link.ft.com/r/LVA6WW/9MF5PI/RN7YTC/AMA4JU/HIOXRL/PJ/h?a1=2013&a2=6&a3=13
In depth - FT.com
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