In today's FT: Gulf investor to sell Barclays stake, Expenses 'mist...

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/4RNQTT/TYA96/53PVL7/CX3RG/   In today's FT Tuesday June 02 2009 Financial Times - UK Homepage   Gulf investor to sell Barclays stake Surprise sale by Abu Dhabi vehicle run by Sheikh Mansour set to trigger large profit less than seven months after £3.5bn investment http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/X953G/UP/h   Expenses 'mistake' hangs over Darling Alistair Darling's future as chancellor was looking precarious after he admitted making "a mistake" over his expenses and Gordon Brown refused to say whether he would be in his job in 10 days' time http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/N56Y8/UP/h   Robust output data boost markets Stock markets round the world surge as robust manufacturing data raises hopes the global economy could soon be past the worst of the slump http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/HVLMC/UP/h   Financial Times - US homepage   Obama seeks to reassure on GM President Barack Obama sought to quell unease at Washington's widening role in the US motor industry by promising that his administration would refrain from directly influencing General Motors and Chrysler in all but the most critical decisions http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/I2T5K/UP/h   US dollar backed as reserve currency A leading Chinese financial official rejected suggestions the US dollar could be replaced quickly as the global reserve currency, as US Treasury secretary Tim Geithner arrived in China on his first official visit. http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/PW0EU/UP/h   CCB reveals aversion to western banks stakes Chinese banks are shunning investments in western banks because they hold doubts about their financial health, one of China's most senior bankers has warned http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/8TSOY/UP/h   Financial Times - Europe homepage   Air France jet missing with 228 aboard An Air France passenger jet with 228 people on board is believed to have crashed into the Atlantic en route from Brazil to Paris after suffering an electrical breakdown during a heavy thunderstorm http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/L7GK6/UP/h   European investors balk at director pay Executive pay: Europe's biggest investors are growing more vocal in their objections to lavish rewards granted to directors in the absence of strong performance tests http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/KZBW7/UP/h   Toxic assets 'bridge too far' The Federal Reserve should not be involved in financing toxic assets that date from the bubble era, Charles Plosser, president of the Philadelphia Fed, has told the Financial Times http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/TYAJV/UP/h   Financial Times - Asia homepage   JPMorgan and Amex in bid to repay Tarp JPMorgan Chase and American Express both plan to sell ordinary shares as a way to satisfy conditions for repaying the money they received under the US government's troubled asset relief programme http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/UIZJF/UP/h   John Authers: How relevant is the Dow? http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/MM8K2/UP/h   Demand jumps for Asian equity capital deals Amount of money raised in May hits $17.3bn, the highest monthly level since December 2007 as companies cash in on rising investor appetite for regional stocks http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/9HJO0/UP/h   FT.com - World   Taliban kidnaps 200 Pakistani students Authorities in talks to secure release of pupils seized in North Waziristan as they travelled home for summer holiday http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/8TSOI/UP/h   US personal incomes show surprise rise US consumers curbed their spending for the second month running in April, in spite of the first rise in income this year, as they continue to cope with the recession and fears of more job cuts http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/UIZJN/UP/h   Signs of manufacturing gloom lifting The purchasing managers' index for manufacturers rises to its highest level in a year, raising hopes that the sector might be nearing the bottom of its worst recession since the early 1980s http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/EOPAG/UP/h   French enthusiasm for EU turns to cynicism Once seen as a multiplier of French influence, many now blame European integration for depressing wages and lowering social standards http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/MM8KM/UP/h   Moussavi woos Iran's young voters Mir-Hossein Moussavi is busily courting Iran's youth, who make up the vast majority of the population, and could determine the winner of this month's election http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/RKVQY/UP/h   FT.com - Companies   Cisco knocks GM out of Dow Jones index Citigroup and General Motors, once two of the biggest flag-bearers of US business, were dumped from the Dow Jones Industrial Average, the most high-profile US stock market barometer http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/33YHI/UP/h   Microsoft sets Xbox battle in motion Microsoft has unveiled a motion-sensing device for video games designed to extend the appeal and life of its Xbox 360 console http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/ZJWUA/UP/h   Goldman looks to raise $1.9bn in ICBC sale Goldman Sachs has launched plans to sell up to $1.9bn worth of shares in Industrial and Commercial Bank of China, in the latest high-profile divestment of stock in a mainland lender http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/JAHWQ/UP/h   Candover faces run-off if buyer cannot be found The private equity group faces a crucial month as it pushes to raise capital and cut costs before a key test of its debt covenants on June 30 http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/ZJWUB/UP/h   Deere chief to step down The chief executive of Deere & Co, the world's biggest farm equipment-maker, will step down at the end of July, as the manufacturer struggles to cope with the effect of the global recession http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/33YT1/UP/h   FT.com - Financial Markets News   Overview: Optimism worst is over drives gains A string of positive data triggers powerful response in equities and commodities, and prompts fresh weakness for bonds http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/5UEGV/UP/h   US stocks hit seven-month high Wall Street rose sharply as investors took the General Motors bankruptcy filing in their stride and focused on encouraging US economic data http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/WQMNG/UP/h   Scramble to hedge commodities exposure More companies are elevating their final decisions about hedging to their board of directors as they grapple with soaring levels of volatility and risk http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/YS433/UP/h   Dollar suffers as risk appetite soars The US currency took a battering as hopes of a global economic recovery prompted a large increase in risk appetite, which drove emerging market and commodity currencies higher http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/ZJWP9/UP/h   Commodities rally on brighter outlook Prices hit a seven-month high in a broad rally, bolstered by dollar weakness, signs of better economic conditions and expectations of a pick-up in inflation http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/C8N2Y/UP/h   FT.com - Comment and analysis   Obama and the limits of soft power From North Korea to Guantánamo Bay, from Iran to Afghanistan, US president Barack Obama is confronting vexing issues that cannot be charmed out of existence. The problem is epitomised by his trip to the Middle East this week and a much trailed speech in Cairo, says Gideon Rachman http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/KZBXB/UP/h   How Washington blew GM's bankruptcy The administration took a tragic situation and turned it into an expensive mess to pay a political debt, needlessly wasting billions of dollars in the process, writes Michael Levine http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/KZBXL/UP/h   Europe must take control of banking stress tests We cannot wait another four months to discover that we do not yet know the true state of Europe's banking system, write Jean Pisani-Ferry and Beatrice Weder di Mauro http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/4PIBM/UP/h   It's competition that delivers the goods Online supermarkets are in a category of their own, because they involve someone turning up on your doorstep. You get to know the delivery drivers better than their employers do, writes Michael Skapinker http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/EOPA2/UP/h   The real cure for Britain's political malaise Local government has been left to wither. As Whitehall has provided the money, it has micro-managed spending. Voters have been stripped of the right to make local choices, writes Philip Stephens http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/F0U7W/UP/h   FT.com - Business Life   Mergers as kill or cure Pharmaceutical industry veterans reveal what worked for them – and what didn't http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/O4OIV/UP/h   Challenges go with the territory Self-reliance is key to hardship postings because support is thin on the ground http://link.ft.com/r/4RNQTT/1RSMY/5AQYP/AL69N/61Q8W/UP/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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