Europe Morning Headlines: Geithner joins top table of public speakers, Singapo...


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Financial Times
Europe morning headlines
Monday July 08 2013

Financial Times - Europe homepage
 
Geithner joins top table of public speakers
The former US Treasury secretary ranks alongside Bill Clinton and Tony Blair after receiving about $400,000 for three recent speaking engagements
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/XBQ5L9/6C/h?a1=2013&a2=7&a3=8
 
Singapore says Todd death was suicide
The Singapore authorities have ruled there was no 'foul play' involved in the death of US engineer Shane Todd and that he died as a result of suicide
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/K9ABEO/6C/h?a1=2013&a2=7&a3=8
 
White House set for trade clash on banks
Washington fears that including a framework for financial regulatory convergence in EU talks could give open Dodd-Frank loophole
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/Q3WCR4/6C/h?a1=2013&a2=7&a3=8
 
Spitzer makes run for New York public office
The former New York attorney-general hopes to run for comptroller just five years after a prostitution scandal forced his resignation as New York state governor
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/RPXVFI/6C/h?a1=2013&a2=7&a3=8
 
Renminbi bulls start to cool their heels
The renminbi is the only emerging market currency to rise against the US dollar this year, but many analysts believe further gains will be limited
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/B4BFMN/6C/h?a1=2013&a2=7&a3=8
 

Markets
 
Banks warn of risk at clearing houses
Clearers are posing a growing risk to the stability of the financial system, says bankers who fear capital levels are too low to support lenders
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/52PECF/6C/h?a1=2013&a2=7&a3=8
 
Texas heartland leads the US oil revival
Investment puts the area at the core of the country's hopes for energy independence, writes Ed Crooks in a new series on the future of oil
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/GY01X0/6C/h?a1=2013&a2=7&a3=8
 
Delistings take shine off Aim growth
Number of companies quitting the junior market has doubled to 25 in the second quarter, in part because of financial stress they faced
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/20FD6E/6C/h?a1=2013&a2=7&a3=8
 

World News
 
Cairo seeks Gulf help as unrest continues
Signs emerge that weeks of political unrest have further damaged the country's already beleaguered economy and that instability is far from over
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/T1DAPX/6C/h?a1=2013&a2=7&a3=8
 
ElBaradei's rejection betrays Egypt splits
The U-turn on naming a new premier, following opposition by the Salafi group Nour, reveals the tough task facing the army in appeasing rival factions
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/4V3IOU/6C/h?a1=2013&a2=7&a3=8
 
Bangladesh factories face tighter scrutiny
Factories making clothes for 70 mostly European companies will be inspected over the next nine months
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/87LS2P/6C/h?a1=2013&a2=7&a3=8
 
PP's ex-treasurer speaks on fund scandal
Luis Bárcenas, arrested last month, has said in a press interview that Spain's centre-right ruling party broke campaign finance laws for at least 20 years
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/WHEMLI/6C/h?a1=2013&a2=7&a3=8
 
Canadian oil train explodes in small town
Four cars caught fire and exploded in huge fireball that mushroomed hundreds of feet into the air and flattened dozens of buildings
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/YG94T3/6C/h?a1=2013&a2=7&a3=8
 

Europe News
 
US banks back Brussels on EU trade talks
The schism between Wall Street and Washington in trade negotiations with the EU has put US banks in the position of backing Brussels' approach
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/A5HR7N/6C/h?a1=2013&a2=7&a3=8
 

European Companies News
 
Jaguar Land Rover output faces disruption
DHL staff voted in favour of industrial action at carmaker's Solihull and Castle Bromwich factories while workers at Halewood plant are set to vote
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/Z8SWBI/6C/h?a1=2013&a2=7&a3=8
 
Keeping things simple is new banking mantra
Since leaving SocGen in 2009, and even after joining UniCredit nearly two years later, Jean-Pierre Mustier has been predictably publicity shy
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/Z8SWBW/6C/h?a1=2013&a2=7&a3=8
 
Airbus wary of triggering a price war
Group aims to stabilise its duopoly with Boeing in next generation narrow-body passenger jet market and says it will not try to win over 60% of it
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/GY01XZ/6C/h?a1=2013&a2=7&a3=8
 
Philips bets on healthcare revival
Dutch group is increasing R&D spending in its healthcare technology unit, despite a slowdown in the market prompted by government austerity measures
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/4V3IOF/6C/h?a1=2013&a2=7&a3=8
 
Challenging times await asset managers
While large managers are facing increased pressure over fees their stock performance and capital structures offer them a potential lifeline
http://link.ft.com/r/VKY5JJ/MJ0KMA/KEOMFH/RPFTQI/LSZGQB/6C/h?a1=2013&a2=7&a3=8
 
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