In today's FT: Jaguar bets future on smaller models, Hackers target...


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Financial Times
In today's FT
Monday July 22 2013

UK Homepage
 
Jaguar bets future on smaller models
Models will bring British carmaker head-to-head with BMW and Mercedes-Benz and will give it more firepower in the key Chinese market
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/JQAHQE/HK/h?a1=2013&a2=7&a3=21
 
Hackers target Apple's developer site
Disruption to site, which remains offline, comes at a critical time as app creators prepare for launch of latest mobile operating system
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/FD0UDQ/HK/h?a1=2013&a2=7&a3=21
 
Deutsche Bank to shrink in leverage plan
German lender to reduce balance sheet by up to a fifth in an effort to meet stringent new rules
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/9MHJ7O/HK/h?a1=2013&a2=7&a3=21
 

Financial Times - US homepage
 
Banks' influence on raw materials probed
US lawmakers and regulators concerned about the blurring of finance and commerce as Senate subcommittee set to hear testimony this week
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/87TSZO/HK/h?a1=2013&a2=7&a3=21
 
Investigator linked to GSK held in China
Shanghai police have detained a seasoned British fraud investigator who has previously worked with the pharmaceutical company mired in a Chinese scandal
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/HIVLIB/HK/h?a1=2013&a2=7&a3=21
 
LDP sweeps to upper house victory
Upper house election result likely to be seen as endorsement by voters of Abe's expansionary economic policies, dubbed 'Abenomics'
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/RPKVPB/HK/h?a1=2013&a2=7&a3=21
 

Financial Times - Europe homepage
 
Surveillance claims overshadow Merkel campaign
Angela Merkel's re-election campaign is under pressure following reports of intensified co-operation between German and US intelligence services
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/LS7GST/HK/h?a1=2013&a2=7&a3=21
 
Emergency call put in to Neelie Kroes
EU regulator's warm relationship with the industry turns sour after companies criticise her draft proposals for single telecoms market
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/9MHJMI/HK/h?a1=2013&a2=7&a3=21
 
SAP to drop dual chief executive set-up
Decision to end current management set-up comes at a time of considerable success for the company which has made a series of big acquisitions
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/VTE7T5/HK/h?a1=2013&a2=7&a3=21
 

Financial Times - Asia homepage
 
Dim sum bonds market goes cold
Market for offshore renminbi debt suffers longest-ever barren spell as China liquidity crunch and worries about US Fed policy hit appetite
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/Q3XC3C/HK/h?a1=2013&a2=7&a3=21
 
SEC in surprise move against Cohen
The SEC claims Mr Cohen was negligent by ignoring red flags of illegal trading and failing to 'take reasonable steps to investigate and prevent such violations'
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/K9ZB99/HK/h?a1=2013&a2=7&a3=21
 
Obama to start new offensive on economy
US president will speak about the economy on Wednesday, in the first of a series of speeches to drum up support for his policies ahead of a battle with Republicans over the budget
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/LS7GSU/HK/h?a1=2013&a2=7&a3=21
 

World News
 
Froome celebrates Tour de France victory
Froome dominated tough 100th edition of classic race, much as Bradley Wiggins did in last year's race, to become second British winner
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/JQAHQ9/HK/h?a1=2013&a2=7&a3=21
 
Riots as French police enforce burka law
Socialist party abstained when 'burka law' was introduced in 2011 by the centre-right government, but interior minister says it must be applied
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/A5BR5U/HK/h?a1=2013&a2=7&a3=21
 
Egypt government to rewrite constitution
Foreign minister says Egypt will reverse ousted president's 'jihad' policy in Syria as military-appointed authorities seek international credibility
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/K9ZBQD/HK/h?a1=2013&a2=7&a3=21
 
Portugal's coalition seeks to soldier on
The president has ruled out snap elections after a move to form a 'national salvation' pact with the opposition foundered over demands to ease bailout terms
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/3C3YCA/HK/h?a1=2013&a2=7&a3=21
 
Lula comeback talk grips a shaken Brazil
With the country reeling from the nationwide street protests, Brazilians wonder if Dilma Rousseff has the political savvy to lead them
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/HIVLIQ/HK/h?a1=2013&a2=7&a3=21
 

Companies news and analysis - FT.com
 
Wu to unveil China-focused media venture
Bruno Wu will announce plans to create 'the first China-originated global media and alternative investment group withThomas Middelhoff
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/T1YAUR/HK/h?a1=2013&a2=7&a3=21
 
ABN Amro prepares for reprivatisation
Gerrit Zalm, ABN Amro chief executive, expects the Netherlands to start selling its 100% stake in the nationalised bank 'within a year or so'
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/XB95BA/HK/h?a1=2013&a2=7&a3=21
 
Judge rejects BP call to halt payments
After BP's failed attempt to persuade Judge Barbier to stop oil spill compensation payments, its hopes now lie in the Fifth Circuit appeals court
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/NR56RV/HK/h?a1=2013&a2=7&a3=21
 
Pressure grows on Microsoft chief Ballmer
The company's 20 per cent dip in demand for PCs and a $900m charge for a writedown on the Surface RT tablet is testing shareholders' patience
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/4VPICL/HK/h?a1=2013&a2=7&a3=21
 
India steel in focus as plants scrapped
ArcelorMittal and Posco ditch plans to build multibillion-dollar steel mills in India, putting renewed focus on red tape in the country
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/9MHJ7G/HK/h?a1=2013&a2=7&a3=21
 

Markets
 
EU banks still pose systemic threat
Eurozone banking sector's assets are worth about €33tn currently, or nearly 3.5 times the single currency zone's annual gross domestic product
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/NR56RG/HK/h?a1=2013&a2=7&a3=21
 

Financial Times - Comment
 
US voters hate the sin but love the sinner
As Bill Clinton, Anthony Weiner and Eliot Spitzer show, people in the US make a big distinction between sexual misconduct and financial corruption
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/9MHJMA/HK/h?a1=2013&a2=7&a3=21
 
A Grexit begins to look more feasible
Wolfgang Schäuble's preferred option for Greece – for the country to reform and not default – makes sense only from the German point of view
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/9MHJ7B/HK/h?a1=2013&a2=7&a3=21
 
Banks need far more structural reform
Change is also necessary in supervision and capital requirements, including resolution procedures for large groups regardless of corporate form
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/SUD2UA/HK/h?a1=2013&a2=7&a3=21
 
Heavier sanctions on Iran could backfire
It is likely that the costs for the west of increased economic warfare against the Islamic republic would far outweigh any potential strategic benefits
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/52UE2F/HK/h?a1=2013&a2=7&a3=21
 
Diversify lending sources for our SMEs
Financing such enterprises is not just for venture capitalists. The most obvious opportunity lies in the £750bn of deposits idling on big UK businesses's balance sheets
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/7ZL9ZW/HK/h?a1=2013&a2=7&a3=21
 

Financial Times - Management
 
Hussain Sajwani, Damac Properties
The founder of the Dubai real estate developer has kept his faith in the emirate, which he says has learnt from its earlier mistakes
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/PNW0NR/HK/h?a1=2013&a2=7&a3=21
 
With jobs, make sure it pays to play
It feels good to be in demand but to value yourself at nothing should make you feel very bad indeed
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/ULIZLA/HK/h?a1=2013&a2=7&a3=21
 
Bird repeller
'We use netting, spikes, ultrasonic deterrents and bio-acoustic systems that mimic birds' distress calls, Dan England tells Antoine Amann
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/K9ZBQ4/HK/h?a1=2013&a2=7&a3=21
 
Long-serving employees
Workplace consultants offer their advice on how to present a lengthy career within the same organisation as a positive rather than a negative
http://link.ft.com/r/J0VG55/HIG707/A7P8KJ/YGT327/JQAHED/HK/h?a1=2013&a2=7&a3=21
 
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