Global business: Web groups hit back at data access claims, BofA exec...
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Global Business
Friday June 07 2013
Companies news and analysis - FT.com
Web groups hit back at data access claims
The Post reported that Project Prism, a classified programme, had been collecting emails, photos and videos from groups to track people's movements
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/52N3LK/50/h?a1=2013&a2=6&a3=7
BofA executives hostile in mortgage talks
BofA's outside counsel said if bondholders tried to sample files that 'our grandchildren would have grandchildren before a trust would receive a dollar of recovery'
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/MJAZ4P/50/h?a1=2013&a2=6&a3=7
EU Libor plan that ends self-regulation
Broad sweep of the blueprint – covering thousands of benchmarks – and the intrusiveness of some rules worry both providers and users
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/7ZPUH5/50/h?a1=2013&a2=6&a3=7
Beijing's Wanda closes in on UK's Sunseeker
The acquisition of the yachtmaker highlights the growing number of Chinese companies trying to acquire top-end brands and technology in Europe
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/87U1BW/50/h?a1=2013&a2=6&a3=7
Blackstone in $1bn Brazil property venture
The US private equity group seeks to build a presence in Brazil to capitalise on an increasingly affluent population and growing infrastructure needs
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/DXBG09/50/h?a1=2013&a2=6&a3=7
Aditya Birla pursues growth outside India
Kumar Mangalam Birla, chairman of Aditya Birla, says the group will delay capital expenditure but will seek investment opportunities abroad
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/NRZ7WT/50/h?a1=2013&a2=6&a3=7
Facebook hit by fears over long-term prospects
Shares have dipped nearly 21% in the past month on a string of negative news and concerns about the group's long-term business prospects
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/IE0CZI/50/h?a1=2013&a2=6&a3=7
Virgin sues Network Rail over punctuality
Operator estimates up to £15m in revenue lost in April and May over delays while Network Rail faces record fines over performance
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/20JRPV/50/h?a1=2013&a2=6&a3=7
Security alert over Huawei UK telecoms deal
Parliament's intelligence and security committee 'shocked' that Whitehall officials failed to tell ministers about BT's use of Chinese equipment
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/NRZ7WF/50/h?a1=2013&a2=6&a3=7
Big Tobacco bets a packet on e-cigarettes
Reynolds' move into e-smoking comes as the industry steps up its investment in alternatives to traditional cigarettes
http://link.ft.com/r/KC2844/9MRBDR/HDGAS1/YB133I/ULKDQL/50/h?a1=2013&a2=6&a3=7
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