In today's FT: Apple faces US import ban over patents, MPs direct f...


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Financial Times
In today's FT
Wednesday June 05 2013

Financial Times - UK Homepage
 
Apple faces US import ban over patents
Devices caught by ban are AT&T variants of iPhone 4, 3GS and 3G, as well as original iPad and iPad 2 which run on second-largest US mobile network
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/RP4ZV0/E4/h?a1=2013&a2=6&a3=4
 
MPs direct fire at Furse over FPC seat
Former LSE chief executive quizzed by MPs over her qualifications and preparation to join the Bank of England's new stability arm
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/52NSEK/E4/h?a1=2013&a2=6&a3=4
 
Brazil slashes financial transactions tax
Government cuts tax from 6% to zero in move that signals concern that Brazil's currency is weakening too quickly against the dollar
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/SUW72W/E4/h?a1=2013&a2=6&a3=4
 

Financial Times - US homepage
 
IBM and Salesforce strike cloud deals
IT groups complete $4.5bn M&A deals to expand their presence in the rapidly growing technology area of storage and services
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/ULK5ZM/E4/h?a1=2013&a2=6&a3=4
 
Amazon set to sell $800m in ads
The revenue estimate from eMarketer points to advertisers' desire to target ads based not only on what people search for online but on what they buy
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/87UFS9/E4/h?a1=2013&a2=6&a3=4
 
HSBC accused of ignoring US foreclosure law
Bank is accused of ignoring a state law designed to encourage banks and homeowners to resolve foreclosure cases and avoid rising costs
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/52NSEW/E4/h?a1=2013&a2=6&a3=4
 

Financial Times - Europe homepage
 
Turkey's politicians seek to ease tension
The deputy prime minister, speaking on behalf of Erdogan, says the excessive use of force against the protesters was 'wrong and unjust'
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/FD8TU1/E4/h?a1=2013&a2=6&a3=4
 
Twelve dead as floods hit central Europe
At least 12 deaths and thousands are evacuated from Czech Republic, Germany, Poland and Austria as Danube and Elbe rivers burst their banks
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/HIOBLP/E4/h?a1=2013&a2=6&a3=4
 
France certain of sarin gas use in Syria
The White House responded to Laurent Fabius's statement saying the US wanted to examine more evidence about chemical weapons use in Syria
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/VTD47W/E4/h?a1=2013&a2=6&a3=4
 

Financial Times - Asia homepage
 
Abe's arrow aims to pierce labour shield
Workplace reform will be critical to determine the success of Abenomics as the prime minister prepares to launch his national growth strategy
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/VTD47Q/E4/h?a1=2013&a2=6&a3=4
 
Google expands renewable energy sourcing
Google has invested over $1bn in low-carbon power in recent years, including a $200m Texas wind farm deal and $280m in US solar projects
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/Z8QDWU/E4/h?a1=2013&a2=6&a3=4
 
Brussels offers China solar reprieve
Karel De Gucht, EU trade commissioner, cuts punitive tariffs on imports of Chinese solar panels for two months in an attempt to avert a trade war
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/HIOBLN/E4/h?a1=2013&a2=6&a3=4
 

World News - latest world news headlines - FT.com
 
Erdogan backers pour scorn on protesters
The Turkish town of Cankiri, with seven voters out of 10 being faithful to the ruling party AKP, shows prime minister still commands popular support
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/YGEKWO/E4/h?a1=2013&a2=6&a3=4
 
Tehran bazaar revolts over tax increases
Bazaaris say it makes more sense to shut up shop than continue doing business and anticipate a visit from the tax man as levies continue to rise
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/7ZPR9X/E4/h?a1=2013&a2=6&a3=4
 
Fears for press freedom in Venezuela
After winning a tight election, Venezuela President Nicolas Maduro is accused of muzzling the media after Cadena Capriles and Globovisión are sold off
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/IE0GHY/E4/h?a1=2013&a2=6&a3=4
 
Egypt ruling set to ignite US tensions
Egyptian court sentences 15 US and two German NGO workers to jail terms for what it claims was obtaining illegally funds from abroad to aid unrest
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/3CRQIC/E4/h?a1=2013&a2=6&a3=4
 
MEPs bid to curb official Russian travel
48 MEPs signed an open letter to demand that Brussels implement its own version of US 'Magnitsky list', signed into law in December by President Obama
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/52NSE6/E4/h?a1=2013&a2=6&a3=4
 

Companies news and analysis - FT.com
 
Bank report to raise option of RBS split
George Osborne argues an RBS split would require him to fully nationalise the bank – at a cost of up to £10bn – while he is anxious to privatise it
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/7ZPRSV/E4/h?a1=2013&a2=6&a3=4
 
Murthy faces daunting challenge at Infosys
The past glories of the Indian outsourcer are fading because the company has failed to keep pace with its more nimble, aggressive competitors
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/EKGLP7/E4/h?a1=2013&a2=6&a3=4
 
AIG, GE and Pru given risk controls
AIG and GE Capital have been the posterchildren for programme that aims to impose tough standards on the riskiest 'non-bank' financial groups
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/FD8TUB/E4/h?a1=2013&a2=6&a3=4
 
Apache bets on US oil boom
Independent oil group's international assets will be generating cash for its North American fields, which are now the company's growth core
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/OF7VO4/E4/h?a1=2013&a2=6&a3=4
 
ENRC faces shareholder backlash
Up to half the mining company's shareholders are expected to vote against some resolutions at the group's annual meeting in London
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/FD8T1I/E4/h?a1=2013&a2=6&a3=4
 

Markets
 
Shares volatile as nerves intensify
Markets await crucial non-farm payrolls data for clues as to whether the Federal Reserve will maintain its asset purchases at the current pace
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/6A3JQT/E4/h?a1=2013&a2=6&a3=4
 
Fed 'tapering' fears lift mortgage rates
The average rate on a US mortgage has soared above 4 per cent for the first time in more than a year, reflecting recent turmoil in the bond market
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/FD8TUG/E4/h?a1=2013&a2=6&a3=4
 
Creditors likely losers from IMF rethink
IMF paper finds debt sustainability assessments have often proved too optimistic, and restructurings are often done too late in the process
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/7ZPRSA/E4/h?a1=2013&a2=6&a3=4
 
Bond market jitters boost bears' argument
When mere talk of Federal Reserve 'tapering' has such an impact on financial markets, good economic news becomes bad news
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/4VF9IT/E4/h?a1=2013&a2=6&a3=4
 
Frontier markets on track for record year
The MSCI Frontier Market index has gained 13.3% to May – its best performance for the year to date since the index was created five years ago
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/XBIX51/E4/h?a1=2013&a2=6&a3=4
 

Financial Times - Comment
 
America owes a lot to Bernanke
Those who criticise the Fed's policies either lack imagination or are indifferent to what would have happened if the central bank had sat on its hands
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/RP4ZVW/E4/h?a1=2013&a2=6&a3=4
 
Directors' duty is not just to investors
Businesses pay far too much attention to meaningless noise in the financial markets and not enough to improving their operational performance
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/T1XMAQ/E4/h?a1=2013&a2=6&a3=4
 
Great powers' ties hinge on the Pacific
The summit presents the leaders with an opportunity to set out their aims and how far they will go to achieve them
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/LS2OGG/E4/h?a1=2013&a2=6&a3=4
 
Poor nations offer healthcare advances
A system utilising mobile phones and other services but tailored to the needs and resources of low-income patients is testing its upmarket counterpart
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/NRZC6C/E4/h?a1=2013&a2=6&a3=4
 
Inside the People's Republic of Taksim
The protesters occupying the heart of the great city know they will have to go at some point but until then it is theirs
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/FD8T1Q/E4/h?a1=2013&a2=6&a3=4
 

Financial Times - Management
 
Strategies for playing at war
Victor Kislyi's ambitious games developer Wargaming.net grew out of his love of chess, a sense of the past, and an understanding that 'tanks are cool'
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/GY6H10/E4/h?a1=2013&a2=6&a3=4
 
Pessimists be damned, it is time to buy
After a long spell of inactivity, negativity and contraction, there are stirrings of recovery and signals that there are deals to be done
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/6A3J9Z/E4/h?a1=2013&a2=6&a3=4
 
She won't call me 'mommy'
My daughter doesn't respect my opinions. But what has angered me most is she has started to address me by my first name in the office
http://link.ft.com/r/OZMCDD/4VEQ2B/A7P8KJ/7A0TI4/WHYWMF/E4/h?a1=2013&a2=6&a3=4
 
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