In today's FT: GM to file for Chapter 11 protection, MPs' expenses ...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/YIQXNN/N5BK4/ATHM8X/2CYXF/   In today's FT Monday June 01 2009 Financial Times - UK Homepage   GM to file for Chapter 11 protection General Motors will file for Chapter 11 protection on Monday in the biggest ever bankruptcy of an industrial company, tapping an additional $30bn in government financing and sparking a probable legal battle between the carmaker's stakeholders http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/X9ZPR/XL/h   MPs' expenses are distraction from recession Employers are becoming alarmed that measures to fight the recession are being neglected as Westminster's focus turns inwards http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/AB924/XL/h   Nomura staff warm to western contracts Nomura has persuaded half of its jobs-for-life Japanese investment bankers to give up local contracts and adopt more volatile western deals in the mould of Lehman Brothers http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/33XBL/XL/h   Financial Times - US homepage   GM to file for Chapter 11 protection General Motors will file for Chapter 11 bankruptcy protection in the biggest ever bankruptcy of an industrial company, tapping an additional $30bn in government financing and sparking a probable legal battle between the carmaker's stakeholders http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/PW89T/XL/h   US and China eye economic co-ordination Tim Geithner, US Treasury secretary, begins two days of top-level economic talks in Beijing amid a tightening focus on the need for the US and China to co-ordinate their exit strategies from the financial crisis http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/5UD6W/XL/h   NK moves missile towards launch site North Korea has started moving a long-range missile towards a launch pad in possible preparation for another missile test, according to US officials http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/EOF7L/XL/h   Financial Times - Europe homepage   Investors sceptical on stock market rebound The majority of the world's leading investors do not believe the recent strong performance of stocks and other risky assets is sustainable, according to a report http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/C8JAZ/XL/h   Generali backs eastern Europe buy-out group Generali, the Italian insurer, has launched a new private equity venture targeting central and eastern Europe in partnership with Petr Kellner's PPF http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/WQA3D/XL/h   Consumer link to rainforest destruction The destruction of the Amazon to make way for cattle ranches has been directly linked for the first time to patterns of beef and leather consumption in the developed world http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/X9ZPD/XL/h   Financial Times - Asia homepage   Microsoft and Sony take aim at Wii Microsoft and Sony are launching a video-game offensive against Nintendo this week, as the clear leader in console sales shows its first signs of flagging. http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/EOFMQ/XL/h   Cadbury sees India as cocoa growth market Cadbury is looking to build on its dominant position in India's chocolate market by turning the country into a regional centre for cocoa production http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/O4GE5/XL/h   China rejects deal on iron ore price cuts China has rejected iron ore price cuts negotiated between Rio Tinto and Japanese and South Korean steel mills, signalling a showdown between Beijing and the miners http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/4PK8X/XL/h   FT.com - World   Kansas abortion doctor killed at church A Kansas doctor who was a controversial provider of 'late-term' abortions was shot and killed in the foyer of his Wichita, Kansas, church on Sunday, and police said they captured the man responsible http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/JA1XV/XL/h   Envoy to visit Syria as Obama ups detente Barack Obama is set to send his Middle East envoy to Syria in the most concrete sign yet of rapprochement between Washington and Damascus http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/D6R7I/XL/h   Hopes of new orders as industry stocks run low The UK economy is poised to receive a boost to growth after manufacturers reported that they are running low on stocks, bringing hopes of a flow of new orders http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/BGS26/XL/h   Party trumps country for MEPs Members of the European parliament are far more likely to vote along party lines than they were 20 years ago, a study by VoteWatch, an independent online organisation has found http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/9HQC3/XL/h   Saudi executive's accounts frozen The kingdom's central bank has ordered its banks to freeze the accounts of Maan al-Sanea, a businessman and significant shareholder in HSBC http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/PW89N/XL/h   FT.com - Companies   US energy braced for hurricane pressure Rising reinsurance rates and falling capacity have left some insurers and US energy producers with more to fear than in past years as the Gulf of Mexico hurricane season begins http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/I2UWA/XL/h   Santos welcomes discussions over coal bed Santos, the Australian energy group, said it would welcome discussions with rivals seeking to develop the vast coal bed methane gas reserves in central Queensland http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/ZJM1U/XL/h   Holiday Inn signs Olympics sponsor deal Holiday Inn has signed up as the official hotel sponsor for the London Olympics in 2012, seeking a high-profile way to showcase its £600m three-year relaunch, which is about half completed http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/BGSAM/XL/h   Japanese electronics sales surge in May Sales of TVs, fridges and air conditioners were up by 50 per cent, said several electronics companies confirming claims by the Ministry for Economy, Trade and Industry http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/1F4H6/XL/h   Tetra Pak to step up drive in new markets Tetra Pak, the world's biggest packaging company, will step up investment in building new plants in emerging markets by 10 per cent to more than €200m ($282m) next year as global milk consumption soars to new highs http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/SD0J9/XL/h   FT.com - Financial Markets News   Economic Outlook: Bond yields attract interest Mounting upward pressure on long-term bond yields will focus attention on whether policymakers are considering extending unconventional measures to support liquidity and confidence http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/9HQV4/XL/h   FT.com - Comment and analysis   Afghans need aid not bureaucracy Among Afghans, the perception is that the western aid effort – with its civilian workers, armoured compounds, endless meetings and red tape – is feeding mainly itself, not the country it is there to help, writes Clive Crook http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/AB92E/XL/h   General Motors holds a mirror up to America US politicians dare not talk openly about industrial adjustment because the public does not want to hear about it, writes Robert Reich http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/O4GEE/XL/h   Obama must build on Arab peace initiative Israel's behaviour – specifically its expansion of settlements – alongside its new policy of rejecting the two-state solution, will only give Iran and allies such as Hamas a groundswell of support, writes Ghassan Khatib http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/1F4HG/XL/h   Time to safeguard Europe's single market After the moves to retrench back to national markets by the banks, there is a similar trend among carmakers. The single market is there on paper, but it is being undermined, writes Wolfgang Münchau http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/EOF7G/XL/h   We must be open about our banking problems By reducing uncertainty about the quality of banks' balance sheets, the US stress tests have helped to bring some confidence back to the markets there, though risks remain, writes George Osborne http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/WQAP8/XL/h   FT.com - Business Life   The architect of a rebuilt Nomura Kenichi Watanabe is on a mission to transform Japan's biggest investment bank into a formidable global force http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/EOFMF/XL/h   Tragic narrative of corporate decline The essence of corporate decline is tragedy, where the two conflicting goods of stability and adaptation collide http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/7LIOC/XL/h   Discounts can be good for business Targeted offers and refund deals can lift consumer confidence http://link.ft.com/r/YIQXNN/UY4RP/BWNJB/91HJV/D6RZ6/XL/h   FT.com - In depth MPs' expenses Oil Swine flu European elections 2009 Detroit in distress Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds © THE FINANCIAL TIMES LTD 2009 ABOUT THIS EMAIL You have received this email because you have signed up for this keyword/company alert on FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help The Financial Times Limited, registered in England and Wales number 227590. 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