Financial Times
Headlines
BUSINESS LEADERS PUT UK ON OLYMPIC TRIAL –
GENERAL MOTORS’ MARKETING CHIEF RESIGNS –
ROMNEY FORCED TO CLARIFY IRAN POSITION –
GERMAN BANKS CUT BACK PERIPHERY LENDING –
SURGE IN SUSPICIOUS TRADE REPORTS TO FSA –
OSBORNE PUTS LIBOR REVIEW ON FAST TRACK –
SONY PITCHES TV ‘SOAP’ AT RAMADAN VIEWERS –
NI’S ‘FOOTSOLIDER’ CEO EMERGES FROM SHADOWS –
SALES CHIP AWAY AT BAD LOANS IN EUROPE –
Overview
BUSINESS LEADERS PUT UK ON OLYMPIC TRIAL
The world’s top business leaders using the Olympics to raise
tough questions about the state of Britain’s economy.
GENERAL MOTORS’ MARKETING CHIEF RESIGNS
General Motors’ marketing chief has resigned in an
unexpected shake-up at the largest U.S. carmaker by sales.
ROMNEY FORCED TO CLARIFY IRAN POSITION
Mitt Romney was forced to clarify his position on Israel’s
right to conduct a possible military strike on Iran.
GERMAN BANKS CUT BACK PERIPHERY LENDING
Cross-border lending by German banks to the weaker parts of
the euro zone has dropped by nearly a fifth since January.
SURGE IN SUSPICIOUS TRADE REPORTS TO FSA
UK brokers and bankers are flagging twice as many suspicious
trades to the FSA.
OSBORNE PUTS LIBOR REVIEW ON FAST TRACK
British finance minister George Osborne has ordered an
independent review into the Libor scandal.
SONY PITCHES TV ‘SOAP’ AT RAMADAN VIEWERS
The Ramadan festival has become a launch pad in the Middle
East for the latest series of a new Arabic version of “Everybody
Loves Raymond.”
NI’S ‘FOOTSOLIDER’ CEO EMERGES FROM SHADOWS
Tom Mockridge, chief executive of News International, said
he has not heard if News Corp plan to sell off its UK
newspapers.
SALES CHIP AWAY AT BAD LOANS IN EUROPE
The mountain of impaired loans at European banks rose by
about 9 percent to more than 1 trillion euros ($1.24 trillion)
by the end of last year.
