Global business: US charges Sinovel with trade secret theft, Napster ...
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Global Business
Friday June 28 2013
Companies news and analysis - FT.com
US charges Sinovel with trade secret theft
The US government alleged that Sinovel had stolen proprietary software and technical details belonging to AMSC, a US company that makes wind turbine components
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/4VN8IM/GX/h?a1=2013&a2=6&a3=28
Napster co-founder Parker attacks online media 'jackals'
Sean Parker, a venture capitalist who was the first president of Facebook, called for stronger privacy and intellectual property laws
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/4VN8YG/GX/h?a1=2013&a2=6&a3=28
CVC fund attracts pledges of €14bn
UK buyout group virtually exceeds own fundraising targets by 50% as the money raised comes in at fastest industry pace since financial crisis
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/XBEU54/GX/h?a1=2013&a2=6&a3=28
Bank fees rise 9% despite dealmaking dip
Of the global fee pool, 59 per cent was generated in the Americas, illustrating how the US market has recovered compared with the rest of the world
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/7ZU0QH/GX/h?a1=2013&a2=6&a3=28
Nike to tackle rising Asian labour costs
Sports group's profitability nonetheless rose from same period last year thanks to product price rises, lower raw material costs and lower tax rate
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/CWBZNW/GX/h?a1=2013&a2=6&a3=28
Corzine charged in connection with misuse of customer funds
Corzine was chief executive of MF Global when it collapsed leaving a $1.6bn hole in customer funds after the brokerage allegedly dipped into clients' accounts
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/6APO9K/GX/h?a1=2013&a2=6&a3=28
UK industry closes on Mittelstand
Britain's often neglected medium-sized companies are closing the gap in revenue growth with Germany's admired cadre of mighty midsized businesses
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/OFMQOX/GX/h?a1=2013&a2=6&a3=28
Facebook investors reunite to back start-up
A trio of Facebook's earliest investors have invested $25m to back a new campus-based mobile payments company founded by a 22-year-old
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/T1KFZF/GX/h?a1=2013&a2=6&a3=28
Shale puts US in line to be top oil producer
Prices needed for output to be viable range from $40 in the most favourable parts of the Eagle Ford shale in Texas, to up to $85 in more challenging areas
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/B4HAN5/GX/h?a1=2013&a2=6&a3=28
Myanmar awards telecoms licences
Norway's Telenor and Qatar's Ooredoo win licences to run phone networks in Myanmar, one of the last untapped telecoms markets in the world
http://link.ft.com/r/0QSDPP/4V94XR/LQ05NB/NJQKI3/NR7EOM/GX/h?a1=2013&a2=6&a3=28
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