In today's FT: Decade-long quest ends at SAC front door, Samsung se...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/VKY5JJ/9MH0I6/H0CYA9/V1W98Z/   In today's FT Friday July 26 2013 UK Homepage   Decade-long quest ends at SAC front door As the legal net tightened on SAC Capital, the $15bn hedge fund charged with insider trading, its founder Steven Cohen has remained defiant http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/HIV5TQ/LE/h?a1=2013&a2=7&a3=25   Samsung sees slower smartphone growth ahead The world's largest technology company reported a 20 per cent increase in revenue in the second quarter http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/EKOZPW/LE/h?a1=2013&a2=7&a3=25   Halliburton to plead guilty over Gulf spill US Department of Justice said the company would pay the $200,000 maximum permissible fine for destroying evidence during the investigation http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/Q3XQVH/LE/h?a1=2013&a2=7&a3=25   Financial Times - US homepage   US attorney says SAC 'magnet for cheaters' SAC was charged with one count of wire fraud and four counts of securities fraud, and prosecutors are seeking forfeiture of hundreds of millions of dollars in allegedly illegal profits http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/EKOZPY/LE/h?a1=2013&a2=7&a3=25   US presses banks for billions in MBS payments The Federal Housing Finance Agency is reportedly chasing Bank of America, JPMorgan Chase and Royal Bank of Scotland for compensation for mortgage-backed securities http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/4VPBIQ/LE/h?a1=2013&a2=7&a3=25   Amazon reports unexpected quarterly loss Some analysts say profitability is a matter of management's discretion as the company goes through elective bursts of capital spending on new warehouses http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/6A18Q2/LE/h?a1=2013&a2=7&a3=25   Financial Times - Europe homepage   EADS faces far-reaching shake-up Restructuring expected to lead to job losses, and involves sensitive defence assets, testing group's relationship with European governments http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/Q3XQVC/LE/h?a1=2013&a2=7&a3=25   Malaysia deal weighs on AIA profit margins AIA reported record numbers despite seeing profit margins come under pressure in the first six months of 2013 http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/Q3XQCT/LE/h?a1=2013&a2=7&a3=25   Summers dismissed QE effectiveness Obama's ex-chief economic adviser has seldom spoken in public about monetary policy and markets may be surprised by his apparently hawkish stance on easing http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/RPK9CJ/LE/h?a1=2013&a2=7&a3=25   Financial Times - Asia homepage   Starbucks points to progress in UK business Starbucks has said its low tax bill in the UK reflects the fact its business has been losing money in the country for several years http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/DX6A3Q/LE/h?a1=2013&a2=7&a3=25   Senate letter backs Yellen for Fed role Yellen, vice-chair of the Fed board, and Summers, a former Treasury secretary, are the two leading candidates to replace chairman Bernanke http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/Z8JUW8/LE/h?a1=2013&a2=7&a3=25   Tourre regrets 'widows and orphans' joke SEC has accused Fabrice Tourre of defrauding investors in a bond deal linked to subprime mortgages and struck just before the housing crash http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/EKOZPD/LE/h?a1=2013&a2=7&a3=25   World News   Probe into Spanish train crash begins Prime minister Mariano Rajoy declares three days of national mourning after visiting the scene of the country's worst railway accident in 40 years http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/WHQNM1/LE/h?a1=2013&a2=7&a3=25   Call for Egypt protests sparks concern Leftists, Islamists and some liberals worry that the military's call for protests is an attempt to return to the repressive reign of Hosni Mubarak http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/RPK9VG/LE/h?a1=2013&a2=7&a3=25   Tunisian opposition leader shot dead Mohamed Brahmi, a former lawmaker and founder of the Popular Current party, was shot 11 times by gunmen as he left his home in Tunis http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/52UGEM/LE/h?a1=2013&a2=7&a3=25   Details of Detroit's woes come to light Detroit's dire financial problems were made worse when the city tried to fix shortfalls in its pension funds with more and more complex financing deals http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/IE24TS/LE/h?a1=2013&a2=7&a3=25   Spain's jobless data boost recovery hopes Figures back-up administration's assertion that two-year recession is ending, but economists say improvement due to seasonal factors http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/VTEFZP/LE/h?a1=2013&a2=7&a3=25   Companies News   Five charged over hacking operation The men are accused of conspiring in 'worldwide scheme that targeted major corporate networks', Paul Fishman, US attorney in New Jersey, said http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/A5BCRQ/LE/h?a1=2013&a2=7&a3=25   Zynga hit as it sees hard times ahead 'We expect to see more volatility in our business than we would like over the next two to four quarters,' says Don Mattrick, chief executive http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/IE24T0/LE/h?a1=2013&a2=7&a3=25   Markets   Equities mixed as China concerns linger Global stocks struggled for a clear direction amid persistent worries about China, as investors digested a heavy schedule of corporate earnings http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/SUDSAC/LE/h?a1=2013&a2=7&a3=25   Lower fertility rates threaten tax base A decline in a working population raises big fiscal questions: will there be enough workers to generate the growth needed to service government debt http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/9MH0JJ/LE/h?a1=2013&a2=7&a3=25   Bonds to benefit from ageing population Demographics may continue to support the market as an ageing population is more likely to shift personal investments away from risk http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/EKOZPZ/LE/h?a1=2013&a2=7&a3=25   Gold hedges reward Australian miners This year's price plunge of the precious metal has helped companies with forward contracts buy on the spot market and deliver the metal http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/20NTD9/LE/h?a1=2013&a2=7&a3=25   Coffee roasters get a taste for arabica Bumper crop has led to a price fall in the higher quality bean, reducing its premium against robusta, the lower quality counterpart http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/PNWEC1/LE/h?a1=2013&a2=7&a3=25   Financial Times - Comment   The Middle East faces years of disorder Arab nations have unsurprisingly concluded that if the US is getting out, they had better get on with fighting their own corners http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/SUDSAN/LE/h?a1=2013&a2=7&a3=25   Go for growth, inflation is not imminent With spare capacity in the UK economy, monetary and fiscal levers should be used to ensure annual expansion stays at the top end of the 1-4% range http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/7ZL6SZ/LE/h?a1=2013&a2=7&a3=25   The real cyber threat First Japan and then South Korea stole intellectual property to further their economic development and now China is engaged in the same process http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/SUDS2R/LE/h?a1=2013&a2=7&a3=25   Oil price shock lurks on the horizon Pressures borne of political unrest in the Arab world and the boom in shale gas present Opec with a dilemma http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/CW823S/LE/h?a1=2013&a2=7&a3=25   The archbishop and the Parable of Wonga Better for Justin Welby to take on the payday lenders than opine on the virtues of gay marriage or fight internal battles about female bishops http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/OF4IOK/LE/h?a1=2013&a2=7&a3=25   Financial Times - Management   It pays to give the boss a break As the summer holiday period begins, some chief executives are deciding that their businesses benefit from them and their staff taking time off http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/XB9359/LE/h?a1=2013&a2=7&a3=25   Cameras and phones take on new identities The multifunction development of electronic devices continues with the introduction of a smartphone that can function as a top digital camera http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/SUDS2C/LE/h?a1=2013&a2=7&a3=25   Arabic designs on corporate logos Domestic and international companies that have operations in the Gulf have found that the artform can lend authenticity to their brands http://link.ft.com/r/VKY5JJ/1OQA9M/RN7YTC/DX4XC4/CW823U/LE/h?a1=2013&a2=7&a3=25   Special Reports - FT.com Urban Ingenuity The Connected Business Aerospace Responsible Business Mexico Infrastructure Video Lex Consumer goods â€" safe pair of hands? Unilever and Colgate-Palmolive have released Q2 results, with both groups showing organic growth of about 5%. Lex’s Nikki Tait and Julia Grindell compare the margins of the two and consider the worth in investing in these defensive stocks in the current economic climate. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..