In today's FT

View an online version of this email here.  All times are London time: Thursday Apr 09 2009 Financial Times - UK Homepage De Beers braced for turnover to fall Apr 08 2009 23:30 De Beers, the world's biggest diamond miner, is planning its turnover to halve this year in a sign of how the once-mighty group is struggling to cope with a downturn Read more » New car prices undercut used models Apr 08 2009 21:10 A shortage of good-quality used cars combined with aggressive discounts offered on many new ones mean some new cars can be had for as much as £1,000 less than used ones Read more » UK Foreign Office scrambles to plug £150m hole Apr 08 2009 23:31 The Foreign Office is scrambling to plug a hole in its budget of up to £150m this year as the recent collapse in sterling threatens to cripple the spending power of its embassies Read more » Financial Times - US homepage Downbeat outlook prevails inside Fed Apr 08 2009 22:40 The Federal Reserve sharply downgraded its economic outlook at its last meeting only three weeks ago, minutes released on Wednesday revealed, challenging the view that green shoots of recovery are now plain to see Read more » US ship in stand-off with Somali pirates Apr 08 2009 23:22 Somali pirates launched one of their most audacious attacks by hijacking for the first time a US-flagged ship with its 20 American crew Read more » Moody's downgrades Berkshire Hathaway Apr 09 2009 00:41 Warren Buffett's Berkshire Hathaway lost its triple-A grade from Moody's Investors Service, the very ratings firm in which the billionaire holds a 20 per cent stake Read more » Financial Times - Europe homepage Gul lashes out at European critics Apr 08 2009 20:14 European criticism of Turkey's increasingly assertive foreign policy is dangerous and could hamper co-operation on some of the biggest threats to western security, Turkish President Abdullah Gul has warned Read more » Mars goes sweet for ethically sourced cocoa Apr 08 2009 23:35 Mars, which owns the Mars, Snickers and M&M candy brands, is to spend tens of millions of dollars annually certifying that the cocoa used in the $10bn (£6.8bn) of chocolate products it sells every year is sustainably sourced by 2020 Read more » De Beers braced for turnover to fall Apr 08 2009 23:30 De Beers, the world's biggest diamond miner, is planning its turnover to halve this year in a sign of how the once-mighty group is struggling to cope with a downturn Read more » Financial Times - Asia homepage Downbeat outlook prevails inside Fed Apr 08 2009 22:40 The Federal Reserve sharply downgraded its economic outlook at its last meeting only three weeks ago, minutes released on Wednesday revealed, challenging the view that green shoots of recovery are now plain to see Read more » US ship in stand-off with Somali pirates Apr 08 2009 23:22 Somali pirates launched one of their most audacious attacks by hijacking for the first time a US-flagged ship with its 20 American crew Read more » Moody's downgrades Berkshire Hathaway Apr 09 2009 00:41 Warren Buffett's Berkshire Hathaway lost its triple-A grade from Moody's Investors Service, the very ratings firm in which the billionaire holds a 20 per cent stake Read more » FT.com - World Downbeat outlook prevails inside Fed Apr 08 2009 22:40 The Federal Reserve sharply downgraded its economic outlook at its last meeting only three weeks ago, minutes released on Wednesday revealed, challenging the view that green shoots of recovery are now plain to see Read more » Gul lashes out at European critics Apr 08 2009 20:14 European criticism of Turkey's increasingly assertive foreign policy is dangerous and could hamper co-operation on some of the biggest threats to western security, Turkish President Abdullah Gul has warned Read more » Police hold 200 over Moldova poll riot Apr 08 2009 15:57 Scores of demonstrators in the former Soviet republic were arrested on Wednesday after breaking into government offices to protest results of elections held on Sunday Read more » Met embarrassed after terror leak Apr 08 2009 23:29 The UK Metropolitan police was facing embarrassment after the country's most senior counter terrorism officer inadvertently leaked details of an imminent anti-terror operation Read more » US ship in stand-off with Somali pirates Apr 08 2009 23:22 Somali pirates launched one of their most audacious attacks by hijacking for the first time a US-flagged ship with its 20 American crew Read more » FT.com - Companies New car prices undercut used models Apr 08 2009 21:10 A shortage of good-quality used cars combined with aggressive discounts offered on many new ones mean some new cars can be had for as much as £1,000 less than used ones Read more » Music download site Qtrax to relaunch Apr 09 2009 00:21 Qtrax, a free music download site once seen as a digital white knight for record labels fighting a losing battle with illegal downloads, will launch its service in the US on Thursday, almost 15 months after its first attempt ended in embarrassment Read more » Moody's downgrades Berkshire Hathaway Apr 09 2009 00:41 Warren Buffett's Berkshire Hathaway lost its triple-A grade from Moody's Investors Service, the very ratings firm in which the billionaire holds a 20 per cent stake Read more » Mars goes sweet for ethically sourced cocoa Apr 08 2009 23:35 Mars, which owns the Mars, Snickers and M&M candy brands, is to spend tens of millions of dollars annually certifying that the cocoa used in the $10bn (£6.8bn) of chocolate products it sells every year is sustainably sourced by 2020 Read more » Fall in number of new mobile subscribers Apr 08 2009 23:31 The number of net new mobile phone subscribers in the world fell sharply in the fourth quarter of 2008 and the growth of mobile data revenues stalled for the first time, providing further evidence of the impact of the global economic downturn on the mobile telecoms sector Read more » FT.com - Financial Markets News Overview: Nervous investors focus on corporate earnings Apr 08 2009 19:43 Equities struggled to find direction as uncertainty over corporate earnings drove risk-averse investors towards the perceived safety of government bonds, the yen and dollar Read more » Bank of England creates two-tier market Apr 08 2009 23:31 The Bank of England's attempts at lowering corporate borrowing costs as part of its quantitative easing plans have created a two-tier market Read more » Wall Street stages end-of-day rally Apr 08 2009 19:49 An extension of the government's Troubled Asset Relief Program (Tarp) and a large deal in the homebuilding sector sparked a rally in stocks even as warnings on the health of the economy from the Federal Reserve threatened to erase the gains Read more » Investors seek shelter in yen haven Apr 08 2009 17:25 The yen advanced on Wednesday as rising risk aversion boosted haven demand for the Japanese currency Read more » Oil sinks ahead of US inventories data Apr 08 2009 20:00 Oil prices fell amid concerns about demand weakness in the US and Japan, but gold managed a modest rebound following recent losses. Read more » FT.com - Comment and analysis The pendulum will swing back Apr 08 2009 20:22 Just as the crash was inevitable, so will be the swing the other way – capitalism will escape from its deathbed but with a more human face and we will see the return of forms of state corporatism familiar to those of us who remember the 1970s, writes Sir Martin Sorrell Read more » We should listen to Beijing's currency idea Apr 08 2009 20:12 This is an ideal issue for China and US to develop a 'G2' partnership to provide global economic leadership, writes Fred Bergsten Read more » Five success stories for recessionary times Apr 08 2009 20:17 While many companies are struggling in the downturn there are a handful of private businesses are not just surviving but thriving, writes Jonathan Guthrie Read more » China's consumption is a disappearing act Apr 08 2009 19:46 Far from being massive consumers who will ride to the world's rescue, most Chinese are "survivors", whose purchases of basic food and clothing have little impact on global demand, writes David Pilling Read more » This new nuclear arms age has its own set of risks Apr 08 2009 20:13 We have moved from a world dominated by two large nuclear arsenals to one in which nuclear power is more widely distributed in smaller packets, writes Lawrence Freedman Read more » FT.com - Business Life Right time, right price for mobile phone applications Apr 08 2009 22:44 There is a buzz about emerging business opportunities in the growing market for downloadable mobile phone applications. Read more » Lost job, lost identity? Apr 08 2009 22:44 Many newly unemployed professionals are discovering that the sting of redundancy is often psychological 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. "FT" and "Financial Times" are trademarks of the Financial Times. The Financial Times Limited, registered in England and Wales number 227590. Registered office: Number One Southwark Bridge, London SE1 9HL. VAT number GB 278 5371 21.