Global business: Treasury pledges £2m in Barclays probe, Merger set t...


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Financial Times
Global Business
Monday July 29 2013

Companies News
 
Treasury pledges £2m in Barclays probe
The UK Treasury is expected to pledge special 'blockbuster' funding to the SFO to back its investigation into Barclays' 2008 fundraising
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/Z8R681/B7/h?a1=2013&a2=7&a3=29
 
Merger set to create a marketing leviathan
New crop of companies, from internet groups to newcomers threaten to cut big advertising groups out of the equation
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/MJ5RRV/B7/h?a1=2013&a2=7&a3=29
 
Rio sells Northparkes stake for $820m
China Molybdenum to take control of the copper-gold mine with the purchase, one of the biggest this year by a Chinese group of a mining asset
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/PNX3NC/B7/h?a1=2013&a2=7&a3=29
 
Brussels gets tough on Monte dei Paschi
Joaquín Almunia, EU's competition enforcer, warns that without 'urgent' changes to the bank's restructuring plan he would launch a full-blown EU probe
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/6ALZ2G/B7/h?a1=2013&a2=7&a3=29
 
Grant Thornton accused in Tchenguiz case
Allegations against accountancy firm form part of a huge damages claim brought by property entrepreneur against the Serious Fraud Office
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/NR4FFH/B7/h?a1=2013&a2=7&a3=29
 
Loescher's Siemens tenure looks tenuous
Supervisory board has scheduled a vote on the departure of the chief executive after the company lowered its target for operating margin
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/EK0DDK/B7/h?a1=2013&a2=7&a3=29
 
More China businesses seek offshore loans
More businesses are looking overseas amid tightening credit conditions at home and lower costs for loans in Hong Kong dollars and US dollars
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/SUY11G/B7/h?a1=2013&a2=7&a3=29
 
Twitter sees sense over troll sensibilities
Briton who won her campaign for women to be included on UK banknotes subjected to barrage of abusive tweets in response to victory
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/Q3KP3L/B7/h?a1=2013&a2=7&a3=29
 
Oppenheimer to test Brazil bankruptcy law
US-based fund is suing JBS, the world's biggest meat exporter, over its lease of the assets of a bankrupt chicken producer
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/6ALZ2P/B7/h?a1=2013&a2=7&a3=29
 
Pressure on Spain's banks to cut dividends
Doubts have spread about the sustainability of high payouts in the face of opposition from the International Monetary Fund and the Bank of Spain
http://link.ft.com/r/LVA6WW/3CSXSZ/72FH4Q/4V074U/87HM72/B7/h?a1=2013&a2=7&a3=29
 
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