In today's FT: Yahoo’s deals fail to boost revenue growth, Ford aim...


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Financial Times
In today's FT
Wednesday July 17 2013

UK Homepage
 
Yahoo's deals fail to boost revenue growth
Marissa Mayer, appointed Yahoo's chief executive a year ago, said she was 'encouraged' by what she called 'continued stability' in the business
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/OF4RZ1/E4/h?a1=2013&a2=7&a3=16
 
Ford aims trade talks barb at Japan
Automakers' hackles have been raised by Japan's so-called 'Abenomics' fiscal and monetary stimulus programme which has prompted a sharp weakening in the yen
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/IE2IOC/E4/h?a1=2013&a2=7&a3=16
 
Strong iron ore showing boosts BHP
Resources group enjoys strong finish to financial year as production at key iron ore and copper divisions surpasses expectations
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/Z8JGEC/E4/h?a1=2013&a2=7&a3=16
 

Financial Times - US homepage
 
Chevron back in Argentina with $1.2bn deal
Vaca Muerta shale formation move makes US group the first international oil company to invest in the country since YPF was nationalised last year
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/WHQTDS/E4/h?a1=2013&a2=7&a3=16
 
Card transaction fees face European cap
Plan draws on proposed antitrust deals with Visa and MasterCard and ends years of dispute between competition authorities and payment providers
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/A5BML7/E4/h?a1=2013&a2=7&a3=16
 
Bitcoin ETF plan hits 'Winkle wrinkle'
Wall Street banks are cautious over plans by the Winklevoss twins to create an exchange traded fund based on the controversial virtual currency
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/NR5JA1/E4/h?a1=2013&a2=7&a3=16
 

Financial Times - Europe homepage
 
Ecobank in boardroom battle on debts
Leading shareholder calls for urgent board meeting to address controversy embroiling the pan-African institution and Thierry Tanoh, its new chief
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/GYCD83/E4/h?a1=2013&a2=7&a3=16
 
Senate avoids 'filibuster' showdown
The Obama administration will secure approval for a batch of cabinet-level nominees under the terms of a deal to avoid a partisan showdown in the Senate
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/WHQTDG/E4/h?a1=2013&a2=7&a3=16
 
Papaconstantinou set to face trial
Former finance minister faces charges of tampering with a list from French authorities of alleged Greek tax evaders with Swiss bank accounts
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/HIVY62/E4/h?a1=2013&a2=7&a3=16
 

Financial Times - Asia homepage
 
India eases FDI curbs to boost growth
Restrictions on a dozen sectors, including telecoms, oil refining, commodity exchanges and 'single-brand' retailing, to be eased or abolished
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/B4G5LQ/E4/h?a1=2013&a2=7&a3=16
 

World News
 
Socialists try to force Rajoy's hand
Opposition ready to call a formal motion of censure against the government, piling political pressure on the Spanish leader over the slush fund scandal
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/SUDP4W/E4/h?a1=2013&a2=7&a3=16
 
Italian official resigns over deportations
Interior minister is also under pressure to quit over the deportation of the wife and daughter of a fugitive Kazakh opposition politician
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/T1YUW0/E4/h?a1=2013&a2=7&a3=16
 
Panama seizes N Korean weapons shipment
Ship detained on Panama Canal was apparently carrying 'sophisticated missile equipment' in a possible breach of UN sanctions, says president
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/LS79VZ/E4/h?a1=2013&a2=7&a3=16
 
Anti-Kremlin blogger Navalny braced for guilty verdict
Anti-establishment protester Alexei Navalny's political career will be decided by a court which will rule in the first of five cases pending against him
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/6A12NI/E4/h?a1=2013&a2=7&a3=16
 
Snowden seeks temporary asylum in Russia
NSA whistleblower Edward Snowden may finally leave the transit zone of Moscow's Sheremetyevo airport after submitting a request to the authorities
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/NR5JZ9/E4/h?a1=2013&a2=7&a3=16
 

Companies news and analysis - FT.com
 
Record fine for Barclays over power prices
Ferc's fines matched the amount proposed last year when it accused four former Barclays traders of pushing around physical power prices in California
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/9MH7U3/E4/h?a1=2013&a2=7&a3=16
 
Michael Dell faces buyout ultimatum
Several large shareholders call for better terms and warn that $24.4bn buyout offer risks failure of attempt to regain control of the PC maker
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/20NOSE/E4/h?a1=2013&a2=7&a3=16
 
China's healthcare needs unofficial funds
The accusations against GSK come amid system failings in which payment by drug companies to doctors and hospitals is standard practice, say executives
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/JQAE0O/E4/h?a1=2013&a2=7&a3=16
 
Goldman Sachs boosted by trading
Second-quarter profits more than doubled compared with last year to $1.93bn as Goldman largely shrugged off the market volatility of last month
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/MJMS2E/E4/h?a1=2013&a2=7&a3=16
 
US funeral deal may be put six feet under
Federal investigators have launched an antitrust investigation into the merger of the two largest funeral services companies in the US
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/WHQTDR/E4/h?a1=2013&a2=7&a3=16
 

Markets
 
Weaker Wall Street threatens equity rally
Investors appear to be interpreting limited data points positively but FTSE All World index is still set to break an eight-day run of gains
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/6A12NM/E4/h?a1=2013&a2=7&a3=16
 
Half of exchanges fight off cyber attacks
Findings in WFE-Iosco report underline how authorities and exchanges are growing concerned that a potential large-scale attack on infrastructure operators could damage integrity of markets
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/ULI1X7/E4/h?a1=2013&a2=7&a3=16
 
Return of blueblood macro hedge funds
Caxton Associates, run by Andrew Law, is enjoying one of its best ever first-half performances, while Tudor Investment Corporation has fared well too
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/PNWF7D/E4/h?a1=2013&a2=7&a3=16
 
Central banks risk sharing too much with investors
A tentative statement about the Federal Reserve's intentions on reducing the rate of asset purchases saw bond and stock markets swoon across the world
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/CW84TN/E4/h?a1=2013&a2=7&a3=16
 
Hedge funds lead Treasuries sell-off
Private foreign accounts based in the Caribbean, Belgium and Luxembourg – a proxy for hedge funds – sold a combined $51.5bn of US debt in May
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/T1YUW6/E4/h?a1=2013&a2=7&a3=16
 

Financial Times - Comment
 
Globalisation in a time of transition
Trade is a success but will remain an insecure one so long as our world is threatened by problems such as financial crises and inequality
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/JQAE00/E4/h?a1=2013&a2=7&a3=16
 
We have good cause to abhor secret states
The Gestapo and the Stasi, among others, have given Germans ample reason to draw the line between freedom and security.
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/87TZP6/E4/h?a1=2013&a2=7&a3=16
 
Don't look for fair prices on the market
What happened at Enron, and in the banks, was that assets were marked to values which had been set by biased traders
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/SUDP4J/E4/h?a1=2013&a2=7&a3=16
 
Judge the EU's carbon market by its cap
The goal of the EU's emissions trading scheme is not to make emissions costly, but to make them scarce. The price is only a means to an end
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/52UVF6/E4/h?a1=2013&a2=7&a3=16
 
Patients need power within the NHS
It is time to reject the paternalism and protectionism that so often characterises Britain's health service. Patients are far more than mere consumers
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/Q3XNMQ/E4/h?a1=2013&a2=7&a3=16
 

Financial Times - Management
 
French dreams of a start-up renaissance
Despite the rhetoric, France has a healthy community of young, growing businesses that has been more than 40 years in the making
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/87TZPT/E4/h?a1=2013&a2=7&a3=16
 
Breakfast is the best time to break bread
The first meal of the day provides opportunities for business, is often a joy to eat and has become the basis of an enormous industry
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/LS79V6/E4/h?a1=2013&a2=7&a3=16
 
Is my interest taken for granted?
I've been headhunted by the leading company in my field. Yet I have found its dealings with me almost insultingly desultory
http://link.ft.com/r/8P1R88/52JSAN/HDGAS1/520N2R/3C30JD/E4/h?a1=2013&a2=7&a3=16
 
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