In today's FT: Internal Treasury HS2 concerns mount, Investment ban...

 
 
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Wednesday August 21 2013
 
 
UK Homepage
 
Internal Treasury HS2 concerns mount
 
Official projected cost of the flagship scheme is £42.6bn, but senior figures are using a much bigger figure to add bite to their criticism
 
 
 
Investment banks begin hiring
 
 
Slimmed-down Kodak emerges from bankruptcy
 
 
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Video
 
Glencore Xstrata's mega merger
 

Glencore Xstrata opened its first set of results as a merged group, with a $7.7bn impairment on mining assets. Lex's Stuart Kirk and Julia Grindell discuss how underlying earnings were supported by Glencore's trading arm

 
US homepage
 
JPMorgan hires top law firm over Hong Kong probe
 
SEC requested information from bank concerning hiring of son of a former banking regulator and daughter of a railway official
 
 
 
Goldman faces losses on erroneous trades
 
 
Mexico economy contracts in quarter
 
Europe homepage
 
Greece bursts into German election
 
Germany's finance minister Wolfgang Schäuble says further funds will be needed to help country 'get over the hill' of debt financing it still faces
 
 
 
Bank intern death leads to calls for shake-up
 
 
Emerging markets feel the heat
 
Asia homepage
 
Rupee exposes India's corporate debt stack
 
Tide of indebtedness looms amid emerging market tumult as India's companies toil in sectors from construction and infrastructure to metals and mining
 
 
 
Asia's debt conundrum echoes 1990s crisis
 
 
Banks defy Papua New Guinea robberies
 
World News
 
Merkel criticised for Dachau visit
 
The first German chancellor to visit the camp while in office faces sharp criticism for visiting former Nazi camp in middle of election hustings
 
 
 
Court backs Mugabe in Zimbabwe poll
 
 
Guardian 'told to destroy files'
 
 
Spotlight falls on Brazil's bus sector
 
 
Muslim Brotherhood leader held in Egypt
 
Companies News
 
Consumer caution hits sales at US retailers
 
Groups trying to adjust to the growth of ecommerce, stubbornly cautious consumers and a perceived excess of bricks-and-mortar stores
 
 
 
Head of BAE's US division retires
 
Markets
 
Wall Street rallies as bond yields slip
 
Wall Street rebounds as Treasury bond yields retreat from two-year highs, but nerves remain following the recent sharp sell-off in emerging market assets
 
 
 
EM storms could spread to Europe
 
 
Uncertainty fuels fall in EM currencies
 
 
US repo pullback could have wider effects
 
 
Issuance plummets as EM pain intensifies
 
Comment
 
Has the Fed given up on US jobless?
 
The costs of pushing a bit too far to cut the number without a job are small – and the cost of letting them stay out of work is vast
 
 
 
Authoritarians have no place in Egypt
 
 
Some firms should just hope for death
 
 
Scaring drug offenders really works
 
 
Eat, drink, man, woman, meatballs
 
Management
 
The pull of a cool pushchair
 
Stylish and functional, Max Barenbrug's strollers are objects of desire for new parents, who are said to include the Duke and Duchess of Cambridge
 
 
 
Fourth estate has more perk than pitfall
 
 
Can bosses force their opinions on workers?
 
 
Getting luggage delivered
 
 
 
 
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