In today's FT: Lloyds shares leap on return to profit, S&P 500 hits...

 
 
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Friday August 02 2013
 
 
UK Homepage
 
Lloyds shares leap on return to profit
 
Bank says government could now make a profit for taxpayers on selling its 39% stake, but stresses decision on timing is up to ministers
 
 
 
S&P 500 hits record as bulls take charge
 
 
Berlusconi jail sentence upheld
 
 
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Video
 
Not so steady Shell
 

Shares in Shell fell 5 per cent after the company reported second-quarter earnings, which were down 20 per cent. Lex's Oliver Ralph and Vincent Boland discuss the results and why problems in North America and Nigeria have taken their toll on the oil group.

 
Financial Times - US homepage
 
Jury finds Tourre defrauded investors
 
The former Goldman Sachs trader faces a fine and the SEC is seeking a disgorgement of profits
 
 
 
Google unveils latest challenger to iPhone
 
 
BofA faces potential mortgage charges
 
Financial Times - Europe homepage
 
AIG in first dividend since bailout
 
Robert Miller, chairman of the insurance group, said the 'remarkable' and 'successful' turnround allowed the board to distribute cash
 
 
 
U-turn as Brazil backs IMF aid for Greece
 
 
US criticises Russia over Snowden asylum
 
Financial Times - Asia homepage
 
Job-search services boost LinkedIn sales
 
Shares rise after professional social network beats expectations, while growth slows as advertising business is adapted to mobile devices
 
 
 
Chinese authorities visit Sanofi offices
 
 
Chinese hawkers struggle amid downturn
 
World News
 
Obama taps turnround specialist to fix IRS
 
Barack Obama will nominate John Koskinen, a turnround specialist and former Freddie Mac chief, to head the IRS
 
 
 
Fugitive Kazakh banker faces extradition
 
 
Tsvangirai calls Zimbabwe poll a sham
 
 
Rajoy admits mistake over slush fund
 
 
Forty killed by explosion in Homs
 
Companies News
 
Decline and fall of a trading star
 
Fabrice Tourre went from feted Goldman trader to symbol of Wall Street greed and now faces fines and a ban from the securities industry
 
 
 
Apple patent ruling delay shifts spotlight on Obama
 
 
Asian apps challenge western dominance
 
 
Probe into KPMG work for BAE dropped
 
 
Rothman joins forces with Sony Pictures
 
Markets
 
Euro money market funds shed assets
 
It caps a relatively torrid time for euro money market funds – which provide mostly short-term funding to banks – who have seen their assets under management decline from €92.7bn a year ago
 
 
 
Dovish Fed frustrates one-way dollar bet
 
 
Libyan oil exports tumble on port closures
 
 
Hedge funds gain from renminbi strength
 
 
Mortgage Reit reversal hits yield chasers
 
Financial Times - Comment
 
Britain is shutting out the world
 
A nation that was once a champion of the liberal, open international system is redefining itself to the world as a resentful victim
 
 
 
We need a new Apollo to harness the sun
 
 
Japan needs reminding of its lost decade
 
 
Obama should pick Summers to lead Fed
 
 
On sad men, Mad Men and mergers
 
Financial Times - Management
 
Ebony, ivory . . .and timber
 
Musician Chuck Leavell's forestry business near Macon, Georgia, gives him respite from touring as keyboard player with The Rolling Stones
 
 
 
Google tries TV again
 
 
When every week is awareness week
 
 
Help for the makers to make it
 
 
 
 
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