In today's FT: Obama to nominate Yellen as Fed chair, Obama steps u...

To view this email as a webpage, click here     Wednesday October 09 2013     UK Homepage   Obama to nominate Yellen as Fed chair   Obama will formally nominate Ms Yellen at a ceremony at the White House on Wednesday. Current chairman Ben Bernanke will also attend       Obama steps up pressure on Republicans     IMF drops criticism of Osborne austerity         Video   Celesio becomes a target   Celesio has reportedly become a takeover target. Lex's Oliver Ralph and Vincent Boland discuss the attraction of the German wholesale and retail drug distribution company.   US homepage   Default risk a 'giant Taser', says Alcoa chief   Speaking as Alcoa reported strong growth in earnings for third quarter, Kleinfeld said the disputes in Washington were hurting confidence globally       IMF tells nations to raise their game     Big US data gaps start to unsettle market   Europe homepage   Soaring US drone market under fire   An even bigger commercial prize is under threat, even as the domestic market is on the brink of taking off, because of privacy worries in scores of US states       Prosecutors give SAC settlement ultimatum     E-cigarettes breathe easy on EU regulation   Asia homepage   Newcrest Mining shakes up leadership   Newcrest Minining appoints new chairman and chief executive two months after posting its first annual loss in more than a decade       Goldman link to China corruption probe     Yum shares hit as earnings plunge 68%   World News   Tea Party unmoved by US default threat   US Republicans such as Tim Huelskamp refuse to believe that the US will be unable to repay interest payments if the debt ceiling is not raised on October 17       Maduro seeks to rule Venezuela by decree     Iran debates 'Death to America' slogan     Nobel Prize for Higgs boson discovery     Russia hits Lithuania with dairy ban   Companies News   Weak rupee likely to aid Indian exporters   But analysts say that an expected improvement in second quarter earnings for software and other sectors mask wider economic problems       Combes seizes Alcatel's 'last chance'     Adrian Cheng helps Chow Tai Fook shine     JC Penney's sales decline slows     Obama declines to veto Samsung import ban   Markets   Worries intensify over US debt default   Equities come under fresh pressure as US government shutdown drags on, with a quick resolution to the budget stand-off looking increasingly unlikely       Exit from US Treasury bills accelerates     IMF warns of China threat to exporters     EU bailout fund enjoys strong bond sale     US default would send markets into a panic   Comment   The pain of rebalancing global growth   The picture of the world economy that has been painted by the IMF is for the most part encouraging – so long as nothing bad happens       Why I ignore Apple's silly conditions     DNA can help those left after Lampedusa     Egypt needs to show some ambition     Time for a new model of bank for SMEs   Management   Time for tea in America   Arsen Avakian, the co-founder of Argo, is on a mission to turn the country's coffee-loving masses into connoisseurs of tea, too       The best advice can come from anywhere     How do you 'be yourself'?         Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | 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.