In today's FT

View an online version of this email here.  All times are London time: Friday Feb 06 2009 Financial Times - UK Homepage Mandelson warns banks on bonuses Feb 05 2009 22:34 Westminster follows in Washington's footsteps as business secretary cautions UK institutions that any 'exorbitant' payouts this season will provoke consumer backlash Read more » News Corp posts $6.4bn quarterly loss Feb 05 2009 23:47 News Corp swung to a net loss of $6.4bn in the last quarter as an $8.4bn non-cash writedown of its television, newspaper and information services divisions underscored the severity of the economic downturn's impact on the global media sector Read more » US explores converting stakes in banks Feb 06 2009 00:51 US officials are examining ways gradually to convert the government stakes in banks into ordinary shares as banks accumulate losses, according to people close to the discussions Read more » Financial Times - US homepage US explores converting stakes in banks Feb 06 2009 00:51 US officials are examining ways gradually to convert the government stakes in banks into ordinary shares as banks accumulate losses, according to people close to the discussions Read more » Deutsche Bank woos US bankers Feb 05 2009 20:38 The head of Germany's biggest bank predicted that the proposed cap on executive pay at US banks that accept large tranches of state aid could help it recruit their most talented people Read more » News Corp posts $6.4bn quarterly loss Feb 05 2009 23:47 News Corp swung to a net loss of $6.4bn in the last quarter as an $8.4bn non-cash writedown of its television, newspaper and information services divisions underscored the severity of the economic downturn's impact on the global media sector Read more » Financial Times - Europe homepage Sarkozy to restrict traders' rewards Feb 06 2009 00:08 Political pressure on executive compensation in Europe mounted as Nicolas Sarkozy, the French president, signalled a clampdown on traders' bonuses Read more » News Corp posts $6.4bn quarterly loss Feb 05 2009 23:47 News Corp swung to a net loss of $6.4bn in the last quarter as an $8.4bn non-cash writedown of its television, newspaper and information services divisions underscored the severity of the economic downturn's impact on the global media sector Read more » Eurozone rates to fall further Feb 05 2009 20:44 European borrowing costs have further to fall as economic woes mount, the European Central Bank made clear, as the Bank of England cut rates by half a percentage point Read more » Financial Times - Asia homepage MPs step up clash with Bank of Japan Feb 05 2009 19:19 A plan to print some Y50,000bn worth of a new currency to fund projects is a sign of desperation in the ruling party over Japan's failing economy Read more » US explores converting stakes in banks Feb 06 2009 00:51 US officials are examining ways gradually to convert the government stakes in banks into ordinary shares as banks accumulate losses, according to people close to the discussions Read more » Arrests in Japanese fraud probe Feb 05 2009 22:10 Japanese police arrested the 75-year old head of a bedding company and 21 others suspected of operating what could be the country's largest ever such fraud – a $2.5bn Ponzi scheme that sucked in tens of thousands of people Read more » FT.com - World US explores converting stakes in banks Feb 06 2009 00:51 US officials are examining ways gradually to convert the government stakes in banks into ordinary shares as banks accumulate losses, according to people close to the discussions Read more » Bank hints more rate cuts to follow Feb 05 2009 21:39 Borrowing costs still have further to fall after the Bank of England cut rates by another half a percentage point to a 315-year low of 1%, economists forecast on Thursday Read more » MPs step up clash with Bank of Japan Feb 05 2009 19:19 A plan to print some Y50,000bn worth of a new currency to fund projects is a sign of desperation in the ruling party over Japan's failing economy Read more » Sarkozy to restrict traders' rewards Feb 06 2009 00:08 Political pressure on executive compensation in Europe mounted as Nicolas Sarkozy, the French president, signalled a clampdown on traders' bonuses Read more » UK eyes old-for-new car incentive Feb 05 2009 22:36 Ministers are considering an incentive for drivers to replace old, polluting vehicles with new ones under a scheme to help the beleaguered car sector Read more » FT.com - Companies News Corp posts $6.4bn quarterly loss Feb 05 2009 23:47 News Corp swung to a net loss of $6.4bn in the last quarter as an $8.4bn non-cash writedown of its television, newspaper and information services divisions underscored the severity of the economic downturn's impact on the global media sector Read more » TPG cuts distressed funding Feb 05 2009 23:31 The US buy-out group is scaling back the fund it raised to invest in distressed financial companies – a move highlighting the different strategies that private equity firms are employing in response to the banking crisis Read more » Swiss Re turns to Buffett for new funding Feb 05 2009 18:46 The Swiss reinsurance group turned to Warren Buffett for a SFr3bn capital injection as part of plans to raise a fresh SFr5bn in new funding to preserve its credit rating Read more » Arrests in Japanese fraud probe Feb 05 2009 22:10 Japanese police arrested the 75-year old head of a bedding company and 21 others suspected of operating what could be the country's largest ever such fraud – a $2.5bn Ponzi scheme that sucked in tens of thousands of people Read more » US retailers report grim January Feb 05 2009 19:36 US retailers reported a grim set of January sales figures as economic gloom weighed on a month traditionally marked by heavy discounting Read more » FT.com - Financial Markets News Overview: Equity investors shrug off bad news Feb 05 2009 18:47 US jobless claims hit a 26-year high – but investors largely shrugged off negative economic and corporate news Read more » Bank hints more rate cuts to follow Feb 05 2009 21:39 Borrowing costs still have further to fall after the Bank of England cut rates by another half a percentage point to a 315-year low of 1%, economists forecast on Thursday Read more » Eurozone rates to fall further Feb 05 2009 20:44 European borrowing costs have further to fall as economic woes mount, the European Central Bank made clear, as the Bank of England cut rates by half a percentage point Read more » FTSE flat as property groups slip Feb 05 2009 20:16 The FTSE 100 ended flat even though rights issue fears sent property groups sliding. Rumours circulated of a possible cash call next week from one of the majors Read more » Sterling advances after rate cut Feb 05 2009 18:33 The pound advanced on Thursday as the Bank of England failed to mention the possibility of quantitative easing after delivering a widely forecast interest rate cut. Read more » FT.com - Comment and analysis Tables turned: Latin America's lesson for west Feb 05 2009 19:56 Chile has mixed and matched government and market, economic orthodoxy and social intervention. This was the insight that Tony Blair, the former UK prime minister, was supposed to have brought to British politics during the 1990s, writes Philip Stephens Read more » It is always the economy, stupid Feb 05 2009 20:14 I would far rather have to manage the UK through this crisis, despite the challenges, than Spain or Ireland, writes Martin Wolf Read more » Keynes and the triumph of hope over economics Feb 05 2009 20:06 Citing Keynes gives economists special licence to call for trillion dollar stimulus plans – which is talking economics without using any, writes Benn Steil Read more » The Tories must look to Hume, Smith and Burke Feb 05 2009 19:48 The real prize may go to the British political party that can remind us that self-interest can always be enlightened, writes Geoffrey Wheatcroft Read more » Interoperability: the great enabler Feb 05 2009 19:57 Where interchangeable parts gave rise to the mass production era, interoperable systems promise richer innovation, writes Michael Schrage Read more » FT.com - Business Life The real cinema paradiso Feb 05 2009 22:30 A new breed of upmarket cinemas is offering leather seats, waiter service, cocktails and valet parking 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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