In today's FT: US rating put on negative watch on default fears, In...

To view this email as a webpage, click here     Wednesday October 16 2013     UK Homepage   US rating put on negative watch on default fears   Top House Republicans scrap a proposed bill to raise the debt ceiling until February and reopen the government until mid-December       Intel downbeat over seasonal PC pick-up     Twitter losses widen ahead of IPO         Video   Swapping trenchcoats for iPhones   The Burberry chief executive is moving to Apple. Her successor, Christopher Bailey, has lots of design know-how but less experience at board level. Lex's Julia Grindell and Oliver Ralph discuss the challenges he faces.   US homepage   Yahoo to keep more than half Alibaba stake   Yahoo, which many investors have bought into due to its 24% Alibaba stake, said it believed in the 'long-term potential and value of Alibaba'       Asia subdued with US debt deal elusive     Ahrendts to take up retail role at Apple   Europe homepage   Coalition complicates Italy's budget talks   Rome's final text will probably contain blanks to be filled in later as divisions within the ruling coalition hold up any decision on planned tax cuts       BMW family gave €690,000 to Merkel party     Dublin moves to close Apple tax loophole   Asia homepage   Amazon plans smartphone market entry with HTC   Launching a smartphone would help foster customer loyalty but brings Amazon more directly into competition with Google and Apple       Osborne cements London as renminbi hub     Rio Tinto plays the long game in Mongolia   World News   Party foes bury the hatchet to chase deal   Senate leaders took over the negotiations on the budget when talks between the White House and the Republican leadership in the House broke down       Iran nuclear talks signal progress hopes     Supreme Court to hear emissions case     'Obamacare' rollout issues raise concerns     Germany hardens stance on bank safety net   Companies News   Walmart to build more small stores   As customers become more reluctant to drive long distances to buy groceries, the retail company signals a shift in its store-building strategy       Fund industry's 'biggest beast' on the prowl     Ahrendts checks out of Burberry for a slice of Apple     Nissan looks to crack luxury car market     Bond trading slowdown hurts Citigroup   Markets   S&P slips as fiscal deal proves elusive   Early hopes of a deal to resolve the impasse in Washington fade, sending the S&P 500 lower and helping gold rally off a three-month low       Hot chocolate demand sends cocoa soaring     Regulators warn on rise of boom-era debt     US Treasury bill demand slumps at auction     Credit default swaps run out of road   Comment   The debt-ceiling doomsday device   If the Obama administration were to obey Congress's ceiling, it would have a choice between a financial calamity and an output disaster       China should cut its lending to America     Crises that are yet to come     Nobel economics committee is muddled     Why Europe needs lawnmower regulation   Management   King of the lock-up garage   Rodger Dudding has built an empire in an unglamorous corner of the property market in which tenants do far more than park their cars       Raise your glasses to the craft brewers     Alternatives to staying in hotels     Should you relax rules with celebrities?         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.