| * Bolton to step down at Fidelity China fund * Telefónica shares rise on talk of AT&T bid * Qatar Holding sells Porsche voting stake back to families * Turkish unions call strike after crackdown * Brazil hanging on for record IPO boom * China interbank market rates soar * China to launch pilot carbon market in Shenzhen * Bumi lines up BP veteran as chairman * Asian shares mixed ahead of Fed meeting * Warburg Pincus backs Africa oil and gas explorer Delonex Energy Markets: mixed Bolton to step down at Fidelity China fund Anthony Bolton is to retire from running the Fidelity China Special Situations investment trust, ending a difficult three years for one of the UK's most successful fund managers. http://on.ft.com/18Qxh7P Telefónica shares rise on talk of AT&T bid Shares in Telefónica, the eurozone's largest telecoms group by market value, rose on Monday morning after the company was forced to deny reports in the Spanish media that Madrid had knocked back a takeover approach from AT&T, the US telecoms operator. http://on.ft.com/ZWUmPW Qatar Holding sells Porsche voting stake back to families Qatar Holding has sold its 10 per cent voting stake in Porsche back to the families behind the luxury car brand, rounding off Qatar's involvement in the creation of a single car group combining Porsche and Volkswagen. http://on.ft.com/17SkArX Turkish unions call strike after crackdown Two Turkish trade union federations were preparing to stage a one-day nationwide strike on Monday in protest at the forced eviction by riot police of hundreds of anti-government demonstrators from an Istanbul park. http://on.ft.com/ZVbANS Li Ka-shing seals €950m Dutch waste deal Li Ka-shing's Cheung Kong group of companies is paying €950m ($1.27bn) for a Dutch waste collection and incineration company, highlighting the appeal of income generating assets among cash-rich Asian investors. http://on.ft.com/17fEKN9 Brazil hanging on for record IPO boom Capital raised this year from new listings on Brazil's stock market is set to top $10.6bn this week – the highest January to June total in the country's history. But it all depends whether bankers can bring the world's second-biggest initial public offering this year to market. http://on.ft.com/17QVZnh China interbank market rates soar The interbank market in Chinahas seen rates soar in a reflection of tighter liquidity conditions as economic growth slows and savings are being pulled from deposits into higher yielding wealth management products. http://on.ft.com/ZVYwYC China to launch pilot carbon market in Shenzhen China's economic growth has come on the back of unparalleled coal use, unbreathable air and the unenviable title of being the world's biggest greenhouse gas emitter. So as it prepares to launch its first pilot carbon market on Tuesday, there is intense speculation about the scheme's likely impact, both domestically and whether it boosts China's support for a binding global treaty to lower carbon emissions. http://on.ft.com/1bJFYwI Bumi lines up BP veteran as chairman Bumi, the coal miner founded by Nat Rothschild, has lined up a former BP executive as its new chairman in what it hopes will signal a fresh start for the group. http://on.ft.com/11FLjzn Warburg Pincus backs Africa oil and gas explorer Delonex Energy Private equity firm Warburg Pincus is leading a group of investors committing up to $600m to a new Africa-focused oil and gas explorer led by Rahul Dhir, ex-chief of Cairn India. http://on.ft.com/17fhzTh Emerging Markets MSCI Emerging Market Index up +0.30% at 956.55 Europe FTSE down +0.86% at 6,362 RTS up +1.52% at 1,314 Warsaw Wig up +0.08% at 48,313 FTSE 300 Eurotop up +1.20% at 1,190 Americas DJIA down -0.70% at 15,070 S&P 500 down -0.59% at 1,627 Bovespa down -2.15% at 49,332 Asia Nikkei 225 up +2.73% at 13,033 Topix up +2.68% at 1,085 Hang Seng up +1.22% at 21,226 Shanghai Composite down -0.27% at 2,156 MSCI Asia ex-Japan up +0.56% at 440.07 CNX Nifty up +0.72% at 5,850 Currencies €/$ 1.33 (1.33) $/¥ 94.95 (94.07) Commodities Brent Crude (ICE) up +0.30 at 106.23 Light Crude (Nymex) up +0.53 at 98.38 100 Oz Gold (Comex) down -1.50 at 1,386 |