In today's FT

View an online version of this email here.  All times are London time: Thursday Feb 05 2009 Financial Times - UK Homepage Baugur on brink of administration Feb 04 2009 19:07 The Icelandic investment that bought a large slice of the British high street has sought protection from its creditors after talks with its main lender Landsbanki broke down Read more » Obama gets tough on executive pay Feb 05 2009 00:01 Barack Obama imposed sweeping restrictions on pay for executives at banks bailed out by taxpayers in an attempt to curb Wall Street excesses and stem public anger before an expected White House request for new emergency funds for the financial sector. Read more » Senate approves softened 'Buy American' plan Feb 05 2009 02:20 The US Senate voted on Wednesday to soften a "Buy American" plan in its $900bn stimulus bill after President Barack Obama expressed concern the original language could trigger a trade war Read more » Financial Times - US homepage Obama gets tough on executive pay Feb 05 2009 00:01 Barack Obama imposed sweeping restrictions on pay for executives at banks bailed out by taxpayers in an attempt to curb Wall Street excesses and stem public anger before an expected White House request for new emergency funds for the financial sector. Read more » Senate approves softened 'Buy American' plan Feb 05 2009 02:20 The US Senate voted on Wednesday to soften a "Buy American" plan in its $900bn stimulus bill after President Barack Obama expressed concern the original language could trigger a trade war Read more » P&G looks to exit pharmaceuticals Feb 05 2009 00:40 Procter & Gamble is working with Goldman Sachs to identify potential buyers for its pharmaceuticals brands or find other ways to exit the business, people close to the matter said Read more » Financial Times - Europe homepage Brussels signals rethink on labour rules Feb 04 2009 23:28 Brussels waded into the UK's industrial dispute over employing foreign workers, promising to take a closer look at how European Union rules are affecting employees Read more » Obama gets tough on executive pay Feb 05 2009 00:01 Barack Obama imposed sweeping restrictions on pay for executives at banks bailed out by taxpayers in an attempt to curb Wall Street excesses and stem public anger before an expected White House request for new emergency funds for the financial sector. Read more » Senate approves softened 'Buy American' plan Feb 05 2009 02:20 The US Senate voted on Wednesday to soften a "Buy American" plan in its $900bn stimulus bill after President Barack Obama expressed concern the original language could trigger a trade war Read more » Financial Times - Asia homepage Obama gets tough on executive pay Feb 05 2009 00:01 Barack Obama imposed sweeping restrictions on pay for executives at banks bailed out by taxpayers in an attempt to curb Wall Street excesses and stem public anger before an expected White House request for new emergency funds for the financial sector. Read more » Senate approves softened 'Buy American' plan Feb 05 2009 02:20 The US Senate voted on Wednesday to soften a "Buy American" plan in its $900bn stimulus bill after President Barack Obama expressed concern the original language could trigger a trade war Read more » P&G looks to exit pharmaceuticals Feb 05 2009 00:40 Procter & Gamble is working with Goldman Sachs to identify potential buyers for its pharmaceuticals brands or find other ways to exit the business, people close to the matter said Read more » FT.com - World Judges accuse US of threatening UK Feb 04 2009 22:11 A transatlantic dispute broke out after two judges accused the US of threatening Britain in order to hush-up evidence over the alleged torture of a Guantánamo detainee Read more » Obama gets tough on executive pay Feb 05 2009 00:01 Barack Obama imposed sweeping restrictions on pay for executives at banks bailed out by taxpayers in an attempt to curb Wall Street excesses and stem public anger before an expected White House request for new emergency funds for the financial sector. Read more » Senate approves softened 'Buy American' plan Feb 05 2009 02:20 The US Senate voted on Wednesday to soften a "Buy American" plan in its $900bn stimulus bill after President Barack Obama expressed concern the original language could trigger a trade war Read more » Brussels signals rethink on labour rules Feb 04 2009 23:28 Brussels waded into the UK's industrial dispute over employing foreign workers, promising to take a closer look at how European Union rules are affecting employees Read more » Moscow abandons bail-outs for bank aid Feb 04 2009 19:38 Russia signalled a change in its policies to fight the financial crisis indicating that it would switch from bailing out individual companies to supporting the economy through the banking sector Read more » FT.com - Companies P&G looks to exit pharmaceuticals Feb 05 2009 00:40 Procter & Gamble is working with Goldman Sachs to identify potential buyers for its pharmaceuticals brands or find other ways to exit the business, people close to the matter said Read more » Baugur on brink of administration Feb 04 2009 19:07 The Icelandic investment that bought a large slice of the British high street has sought protection from its creditors after talks with its main lender Landsbanki broke down Read more » Macquarie shares rise despite loss warning Feb 05 2009 03:21 Macquarie Group warned that its full year profits would fall sharply but investors bid up shares of the bank anyway on signs that its balance sheet remains relatively strong Read more » Credit card delinquencies at record high Feb 04 2009 23:33 US credit card delinquencies hit a record high in January, and further deterioration is likely as the economy slows down and unemployment rises, Fitch Ratings says Read more » SEC 'illiteracy' to blame for Madoff affair Feb 04 2009 23:17 The losses linked to Bernard Madoff may be closer to $15bn-$25bn rather than the $50bn the New York broker allegedly told US investigators, according to former money manager Harry Markopolos Read more » FT.com - Financial Markets News Overview: China growth hopes spark optimism Feb 04 2009 22:18 Evidence that Beijing's stimulus measures for the economy were proving successful boosts commodity markets and global mining stocks Read more » FTSE higher after data beat forecasts Feb 04 2009 17:44 London equities rose on Tuesday, helped by strongert economic data than forecast and well-received annual sales figures from the insurance sector Read more » European ship groups make strong headway Feb 04 2009 23:03 European shipping operators soared after investors seized on improved manufacturing data from China as evidence of recovering raw materials consumption Read more » Wall Street appetite for staples wanes Feb 04 2009 22:17 Consumer staple stocks led Wall Street lower on Wednesday as the latest batch of glum corporate earnings took in erstwhile defensive food companies. Read more » S&P calls for Brics break-up Feb 04 2009 17:40 Brazil, Russia, India and China – the world's biggest emerging market economies – should not be grouped together as an asset class, Standard & Poor's said on Wednesday. Read more » FT.com - Comment and analysis Curbing a few bankers' earnings is a small price Feb 04 2009 19:16 Barack Obama's decision to impose a salary cap of $500,000 on the senior executives of financial institutions, including Wall Street banks, that need public money to prop themselves up is rough justice, writes John Gapper Read more » China should raise wages to stimulate demand Feb 04 2009 18:53 All over Asia, workers' pay has lagged growth. With less disposable income, it is hardly surprising that consumption has slumped, says David Pilling Read more » Obama must fight the protectionist virus Feb 04 2009 18:59 A passionate response is required to the Buy American provisions that have infiltrated the US stimulus package and to the China-bashing on 'currency manipulation', writes Jagdish Bhagwati Read more » Elections offer fresh hope for South Africa Feb 04 2009 18:56 The creation of the Congress of the People, a new party, will erode the ANC's grip on power and reignite debate, say Tony Leon and Marian Tupy Read more » These illegal wildcat strikers have a case Feb 04 2009 19:21 It was naive of employers to imagine they could ship in Italian and Portuguese workers during a recession without scaring the locals, writes Jonathan Guthrie Read more » FT.com - Business Life McKinsey's kingmakers Feb 04 2009 21:33 Senior partners' election of the next managing director highlights succession issues in professional services Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. 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