Global business: iPhone sales boost Apple shares, Ford and Toyota end...
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Global Business
Wednesday July 24 2013
Companies News
iPhone sales boost Apple shares
Sales of 31.2m iPhones, up 20 per cent over the previous year, comfortably outstripped analysts' consensus of sales of around 27m units
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/B4GH1U/ID/h?a1=2013&a2=7&a3=24
Ford and Toyota end joint drive on hybrids
Ford said it was hiring 200 engineers to develop its hybrid technology and in the second quarter it had sold five times as many hybrids as a year earlier
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/FD06G9/ID/h?a1=2013&a2=7&a3=24
Jindal brothers vie to buy Stemcor assets
Two members of one of the country's leading business families are competing to buy the iron ore operations of the private British steel trading group
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/OF4MA8/ID/h?a1=2013&a2=7&a3=24
SAC hits back at claims by regulator
Steven Cohen's lawyers outline argument against the SEC in a 'white paper' which states that the fund chief only reads a fraction of his emails
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/Z8J9IT/ID/h?a1=2013&a2=7&a3=24
Higher operating costs hold back AT&T
Investments reduced mobile margins, but helped to offset new competition from T-Mobile US which began selling Apple's popular iPhone
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/1OFJQN/ID/h?a1=2013&a2=7&a3=24
Banks eye Singapore's rapid growth
Singapore could yet overtake Switzerland as the word's biggest wealth management centre, marking a shift in the balance of power between east and west
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/7ZLUNY/ID/h?a1=2013&a2=7&a3=24
CME Group uncoils its spring
Chief executive predicts return to a 'normal' interest rate environment, a potential boost for its key derivatives products
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/WHQIKF/ID/h?a1=2013&a2=7&a3=24
Defence groups hope to escape US cuts
Spared programmes may include those so complex, long-term or strategically important that it could prove nearly impossible to impose savings
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/52U3RQ/ID/h?a1=2013&a2=7&a3=24
Barclays sued for 'misuse' of information
Bank alleged to have used confidential information from client CF Partners' about trading company Tricorona when acquiring it itself, two years later
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/CW8BLB/ID/h?a1=2013&a2=7&a3=24
GSK reviews policies for sales staff in China
GSK is considering cutting prescription-linked commissions paid to its sales staff and reducing drug prices in China amid the fall-out from a growing corruption probe
http://link.ft.com/r/5F39HH/Z8IGW0/QFZDL0/B47ZBB/7ZLU3Z/ID/h?a1=2013&a2=7&a3=24
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