Global business: Alcoa warns on bribery settlement costs, Lynch exit ...


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Financial Times
Global Business
Tuesday July 09 2013

Companies news and analysis - FT.com
 
Alcoa warns on bribery settlement costs
Chief financial officer said he expected any settlement to be paid over several years, adding: 'We are making progress in putting this behind us'
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/LSZ82N/T3/h?a1=2013&a2=7&a3=9
 
Lynch exit spurs Barnes & Noble shake-up
Lynch's resignation came after dismal quarterly results last month that reflected the retailer's continuing struggle to adjust to the rise of Amazon
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/4V3ERB/T3/h?a1=2013&a2=7&a3=9
 
US lawmakers block 'auditor rotation'
The proposal, first floated by the US Public Company Accounting Oversight Board, would have forced companies to switch accountants every few years
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/B4BNLA/T3/h?a1=2013&a2=7&a3=9
 
Investor advisory groups back Dell buyout
ISS and Glass Lewis rejected claim by investor Carl Icahn that buyout would lead to Michael Dell enriching himself at expense of shareholders
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/7Z1SPQ/T3/h?a1=2013&a2=7&a3=9
 
Kazakh state oil company targets Europe
KazMunaiGas is planning a big push into the region, as it expands downstream and pursues a greater share of the retail petrol market
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/RPX24O/T3/h?a1=2013&a2=7&a3=9
 
Kashagan dream lures unlikely bedfellows
The Kashagan field will catapult Kazakhstan into Big Oil's premier league when it comes online this year but it has proved a huge challenge
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/B4BNTX/T3/h?a1=2013&a2=7&a3=9
 
Financial data groups face NY probe
Canada's Thomson Reuters suspends privileged delivery of market-moving information under pressure from the office of Eric Schneiderman
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/4V3EFW/T3/h?a1=2013&a2=7&a3=9
 
LVMH spends €2bn on cashmere brand
Bernard Arnault, chief executive, lived up to his nickname as 'the wolf in cashmere' by snapping up an 80% stake in fashion house Loro Piana
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/HICTOH/T3/h?a1=2013&a2=7&a3=9
 
CME chief defends clearing houses' growing role
Risk management houses are becoming critical part of plumbing of world's financial markets
http://link.ft.com/r/A1TNOO/06YLN9/6VRT5E/B47IU4/YG9WEB/T3/h?a1=2013&a2=7&a3=9
 
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