| * Sheikh in Barclays rescue sells stake * Chevron employees sentenced in Indonesia corruption case * Record downgrades foreshadow first onshore default * China imposes tariffs on polysilicon exports from US and S Korea * Meiji Yasuda to take stake in Thai Life * TCS rises after April-June earnings beat estimates * Huawei spied for China, claims ex-CIA head Michael Hayden * Peru land bonds: hitting the jackpot? * World Trade Organisation's Pascal Lamy defends Doha talks round Markets: mixed Sheikh in Barclays rescue sells stake
The Abu Dhabi sheikh who came to the rescue of Barclays Bank with a £3.5bn capital injection at the height of the financial crisis, has sold his stake in the UK bank.
http://on.ft.com/1avrRwr Chevron employees sentenced in Indonesia corruption case
Two environmental managers at Chevron, the US oil and gas group, have been jailed for two years on corruption charges in Indonesia in a hotly-contested casethat has compounded investor concerns about legal uncertainty in the vital energy sector.
http://on.ft.com/1bLVgUw Record downgrades foreshadow first onshore default
China's rating firms cut the most bond issuer rankings on record in June and brokerages said they are preparing for the onshore market's first default as the world's second-biggest economy slows.
http://bloom.bg/17p9ojd
China imposes tariffs on polysilicon exports from US and S Korea
China has issued harsh anti-dumping duties for imports of polysilicon, a solar panel ingredient, from the US and South Korea, further escalating trade tensions that have fissured the global solar panel industry.
http://on.ft.com/16LGV4I Meiji Yasuda to take stake in Thai Life
Meiji Yasuda is about to become the latest of the big Japanese life assurers to bet on the industry's growth in southeast Asia on the back of a burgeoning middle class.
http://on.ft.com/121L5cJ TCS rises after April-June earnings beat estimates
Shares in Tata ConsultancyServices, India's largest software services exporter, rose 5 percent on Friday, a day after posting April-June earnings that beat estimates and maintaining an upbeat outlook.
http://reut.rs/14kGCCf Huawei spied for China, claims ex-CIA head Michael Hayden
Western intelligence agencies believe that Huawei, the Chinese telecommunications giant, has spied on behalf of Beijing, an incendiary claim made by one of the US's most experienced espionage officers.
http://on.ft.com/15qu214 Peru land bonds: hitting the jackpot?
Pick a number, any number. You might just hit on the amount Peru's government will have to pay out to the holders of 40-year-old "land bonds" that hark back to the leftist military regime of Juan Velasco Alvarado.
http://on.ft.com/1bMrOh2 World Trade Organisation's Pascal Lamy defends Doha talks round
The late afternoon thunderclaps over Lake Geneva have dissipated but what began as an optimistic and sunny summer day has turned into a muggy grey drizzle.
http://on.ft.com/121gGvg Emerging Markets
MSCI Emerging Market Index down -0.33% at 954.29 Americas
DJIA up +0.50% at 15,549
S&P 500 up +0.50% at 1,689
Bovespa up +0.53% at 47,657 Asia
Nikkei 225 down -1.47% at 14,591
Topix down -0.92% at 1,211
Hang Seng up +0.15% at 21,377
Shanghai Composite up +0.21% at 2,028
MSCI Asia ex-Japan down -0.42% at 514.82
CNX Nifty up +0.25% at 6,053 Currencies
€/$ 1.31 (1.31)
$/¥ 100.13 (100.38) Commodities
Brent Crude (ICE) up +0.13 at 108.83
Light Crude (Nymex) down -0.07 at 107.97
100 Oz Gold (Comex) up +7.60 at 1,292 | 
