In today's FT

View an online version of this email here.  All times are London time: Thursday May 07 2009 Financial Times - UK Homepage Billions required to bolster US banks May 07 2009 01:02 Citigroup and Bank of America have emerged as the US banks with the biggest capital shortfalls after the completion of the government's 'stress tests'', with Citi's capital needs projected to be more than $50bn and BofA requiring about $34bn in fresh equity Read more » London accused over Jaguar bail-out May 06 2009 23:34 The British government was accused of trying covertly to nationalise Jaguar Land Rover after it emerged that ministers demanded the right to choose a chairman and veto redundancies during bail-out negotiations Read more » Gold sales cost Europe's central banks $40bn May 06 2009 23:31 Europe's central banks are $40bn poorer than they might have been after they followed a British move taken 10 years ago to shrink the Bank of England's gold reserves, analysis by the Financial Times has shown Read more » Financial Times - US homepage Billions required to bolster US banks May 07 2009 01:02 Citigroup and Bank of America have emerged as the US banks with the biggest capital shortfalls after the completion of the government's 'stress tests'', with Citi's capital needs projected to be more than $50bn and BofA requiring about $34bn in fresh equity Read more » Gold sales cost Europe's central banks $40bn May 06 2009 23:31 Europe's central banks are $40bn poorer than they might have been after they followed a British move taken 10 years ago to shrink the Bank of England's gold reserves, analysis by the Financial Times has shown Read more » Porsche and VW agree merger May 07 2009 00:04 Porsche family members agree to create an 'integrated car-manufacturing group' with 10 marques united under one roof Read more » Financial Times - Europe homepage Billions required to bolster US banks May 07 2009 01:02 Citigroup and Bank of America have emerged as the US banks with the biggest capital shortfalls after the completion of the government's 'stress tests'', with Citi's capital needs projected to be more than $50bn and BofA requiring about $34bn in fresh equity Read more » Porsche and VW agree merger May 07 2009 00:04 Porsche family members agree to create an 'integrated car-manufacturing group' with 10 marques united under one roof Read more » Gold sales cost Europe's central banks $40bn May 06 2009 23:31 Europe's central banks are $40bn poorer than they might have been after they followed a British move taken 10 years ago to shrink the Bank of England's gold reserves, analysis by the Financial Times has shown Read more » Financial Times - Asia homepage Billions required to bolster US banks May 07 2009 01:02 Citigroup and Bank of America have emerged as the US banks with the biggest capital shortfalls after the completion of the government's 'stress tests'', with Citi's capital needs projected to be more than $50bn and BofA requiring about $34bn in fresh equity Read more » Gold sales cost Europe's central banks $40bn May 06 2009 23:31 Europe's central banks are $40bn poorer than they might have been after they followed a British move taken 10 years ago to shrink the Bank of England's gold reserves, analysis by the Financial Times has shown Read more » Surprise increase in Australian jobs May 07 2009 04:16 Australian unemployment unexpectedly dropped in April to 5.4 per cent, defying the recent trend for rising numbers of jobless in each of the last four months and confounding economists that had expected the rate to rise to 5.9 per cent Read more » FT.com - World Billions required to bolster US banks May 07 2009 01:02 Citigroup and Bank of America have emerged as the US banks with the biggest capital shortfalls after the completion of the government's 'stress tests'', with Citi's capital needs projected to be more than $50bn and BofA requiring about $34bn in fresh equity Read more » Gold sales cost Europe's central banks $40bn May 06 2009 23:31 Europe's central banks are $40bn poorer than they might have been after they followed a British move taken 10 years ago to shrink the Bank of England's gold reserves, analysis by the Financial Times has shown Read more » Oil groups to end 40-year exile from Iraq May 06 2009 23:33 BP and Shell are preparing to go back into Iraq by the end of the year, in spite of Baghdad's failure to pass an oil law and continuing concerns over security Read more » Seoul eyes bilateral route to Pyongyang talks May 07 2009 00:12 South sees direct talks between North and US or China as possible way to revive six-party negotiations over nuclear programme Read more » Obama's budget knife set to cut $17bn May 07 2009 01:32 The White House will detail $17bn of proposed budget reductions as the US administration attempts to boost its deficit-cutting credentials at a time of hugely increased government spending Read more » FT.com - Companies Porsche and VW agree merger May 07 2009 00:04 Porsche family members agree to create an 'integrated car-manufacturing group' with 10 marques united under one roof Read more » Billions required to bolster US banks May 07 2009 01:02 Citigroup and Bank of America have emerged as the US banks with the biggest capital shortfalls after the completion of the government's 'stress tests'', with Citi's capital needs projected to be more than $50bn and BofA requiring about $34bn in fresh equity Read more » Sony Ericsson faces balance sheet rescue May 06 2009 22:54 Sony and Ericsson are considering a capital injection, or acting as guarantors on a loan for their mobile phone joint venture sheet Read more » Chrysler rebels hold out over $295m debt May 07 2009 02:15 Dissident creditors who are trying to block the reorganisation of Chrysler are a small group of investors that are owed just $295m, court documents show Read more » Windows release sparks complaints May 06 2009 23:29 Microsoft has stirred up fresh complaints of anti-competitive behaviour with its release this week of a near-final version of the next Windows PC operating system Read more » FT.com - Financial Markets News Overview: Bulls maintain buoyant mood May 06 2009 18:51 Further evidence that the global economy might have bottomed offset persistent worries about the outlook for the financial sector Read more » US stocks jump ahead of stress tests May 06 2009 21:30 US banking stocks jumped amid a flurry of reports about how well companies had fared in the government's stress tests on banks' balance sheets Read more » Intertek hits high on back of toy test demand May 06 2009 20:40 Intertek was among the top performers as the FTSE 100 moved briefly into positive territory for the year Read more » Zloty leads central European declines May 06 2009 23:03 Tension crept into currency markets as investors awaited the release of the results of stress tests on US banks, the European Central Bank rate-setting meeting, both on Thursday, and US non-farm payroll figures on Friday Read more » BNP Paribas at forefront of bank gains May 06 2009 20:18 Banking stocks, buoyed by better results than expected from BNP Paribas, led European markets to rise for a fifth consecutive session on Wednesday Read more » FT.com - Comment and analysis How banks learnt to play the system May 06 2009 20:02 The results of the US stress tests are a harsh judgment on the biggest US banks and a damning verdict on Basel and two decades of capital adequacy regulation. If governments want to do better this time, they must learn the lesson that banks faced with new balance sheet rules will strive to evade those rules, writes John Gapper Read more » Until death or a downturn do us part May 06 2009 22:13 Does economic turmoil wreck marriages? Divorce lawyers report no great surge in business. But instead of recognising pre-nuptial agreements, courts handling high-value cases should reduce huge settlements that distort behaviour, writes Jonathan Guthrie Read more » Insolvent banks should feel market discipline May 06 2009 14:48 Big banks should be allowed to fail, as the knock-on risks can be managed, write Matthew Richardson and Nouriel Roubini Read more » Hyperactive Sarkozy has failed to deliver May 06 2009 22:23 President Sarkozy has elevated action – and how it is perceived by the public – over results. This is to the detriment of in-depth reform, writes Zaki Laïdi Read more » Ascendant China eclipses trailblazing Japan May 06 2009 22:39 There is a mixed sense of pride and trepidation at the rise of an Asian superpower, but the regional sway Beijing exerts contrasts markedly with Tokyo's attempts at leadership, writes David Pilling Read more » FT.com - Business Life Names that make a mark May 06 2009 22:24 Customers, staff and landlords are among the challenges a rebranding could face 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. 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