US Morning Headlines: US spying comes under fresh attack, Shell disappoint...

To view this email as a webpage, click here     Thursday August 01 2013     Financial Times - US homepage   US spying comes under fresh attack   Senior Democrat and Republican senators question assertions by the Obama administration that its electronic spying programmes foiled terror attacks       Shell disappoints amid Nigerian problems     Chinese hawkers struggle amid downturn     Chinese authorities visit Sanofi offices     US House passes new Iran sanctions         Video   Emerging risk to developed world   People used to say emerging markets had 'decoupled', making them immune to recession in the developed world. Now, the concept has been upturned. Peter Oppenheimer, chief global equity strategist at Goldman Sachs, explains to Long View columnist John Authers that Europe is now only too exposed.   Markets   Dovish Fed reassures markets   Equities gain, helped by an unexpected rise in China's official PMI, shrugging off HSBC data showing the sector had contracted to an 11-month low       Hedge funds gain from renminbi strength     Oil trade's cocktail mixers expand capacity     Indian commodity exchange investigated     Sterling climbs on manufacturing data   World News   Italy awaits Berlusconi appeal verdict   Italians hold their breath as media mogul and former PM waits to hear if his conviction for tax fraud is upheld, possibly ending his political career       Rajoy admits mistake over slush fund     Uruguay votes to legalise marijuana     IMF warns of €11bn Greek bailout shortfall     Police told to disperse Cairo protesters   US news   Obama should pick Summers to lead Fed   If times were normal, first choice among the Fab Five would be Yellen – but these are not normal times, writes Bradford DeLong       Raskin chosen for deputy treasury post     Obama defends Summers to Democrats     US economy's big makeover in five charts     Republican factions expose party rifts   US & Canadian companies   Invensys faces £3.4bn Schneider takeover   Engineering group once styled itself as 'biggest company you've never heard of'. Cash-and-stock offer set to end two centuries of British ownership       'The Croods' drives DreamWorks earnings     Facebook shares touch $38 IPO price     Mobile payments venture set for US rollout     Office Depot / OfficeMax         Please send us your feedback about this email   follow us on:                     Tools: Your account | Portfolio | Email Briefings | Price alerts | Keyword alerts | RSS feeds | Subscribe to FT.com   Email: Change Briefings | Unsubscribe | Change Email Address | Forward this email to a friend | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.