Subject: This Morning's Headlines: Geithner warns on light-touch oversight, Apple seeks...
From: "Financial Times Briefing" <[email-masked]>
To: <[email-masked]>
Date: Tue, 07 Jun 2011 07:59:24 -0400

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ft.com/briefings 
FINANCIAL TIMES - Morning headlines
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/GK4JS9/YT/t?a=2011&b=6&c=7

Tuesday June 07 2011 

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Financial Times - US homepage
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Geithner warns on light-touch oversight
The US Treasury secretary warns overseas markets against undercutting American financial regulations, urging them to avoid the ‘tragic’ example set by the UK 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/UUN6GI/YT/t?a1=2011&a2=6&a3=7

Apple seeks new horizon with iCloud
Steve Jobs appeared at an Apple conference for outside programmers on Monday with what he said was a new approach to personal computing: the iCloud. 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/QFSHTU/YT/t?a1=2011&a2=6&a3=7

Stocks stabilise after early summer swoon
Early summer swoon abates as optimists on the economy perceive value in certain risk assets, but buying is timid with concerns about the eurozone and slowing US growth 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/26B7AP/YT/t?a1=2011&a2=6&a3=7

NBC Universal in $1bn theme park deal
NBC Universal has agreed to buy Blackstone’s 50 per cent stake in Universal Studios Florida in a $1bn deal that consolidates its ownership of the theme park 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/UUN6GF/YT/t?a1=2011&a2=6&a3=7

FT’s new web app bypasses need for iTunes
Comes after several publishers have expressed unhappiness at Apple’s reluctance to share detailed data on the identities and behaviour of users of apps distributed through its store 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/QFSHLQ/YT/t?a1=2011&a2=6&a3=7

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Financial Times - Financial markets news
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Dollar drops to 1-month lows on recovery concerns
The dollar dropped to a one-month low as a recent batch of weak US economic data continued to weigh on the currency 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/LQYP39/YT/t?a1=2011&a2=6&a3=7

London shares lifted by bid speculation
London markets were a little higher in morning trade as bid speculation trumped growth concerns after a disappointing UK retail sales survey 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/A72YKT/YT/t?a1=2011&a2=6&a3=7

Golden age of gas may be a call too soon
While there is ever more demand for gas, pricing of the commodity remains in the dark ages, writes Javier Blas 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/QFSHLJ/YT/t?a1=2011&a2=6&a3=7

Industrial stocks lead Tokyo rally
The Nikkei 225 Average climbed from an 11-week low as industrial stocks rallied, but there were losses in Hong Kong and Seoul as investors returned following a holiday 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/UUN6GE/YT/t?a1=2011&a2=6&a3=7

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Financial Times - World
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Peru’s new president faces testing times
Ollanta Humala will need to move quickly if he is to reassure a sceptical business community and foreign investors that he will not follow in the footsteps of Hugo Chávez 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/UUN6GK/YT/t?a1=2011&a2=6&a3=7

France says Assad has lost legitimacy to rule
Country becomes the first major power to declare that Syria’s president Bashar al Assad has lost his legitimacy to govern 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/26B7AB/YT/t?a1=2011&a2=6&a3=7

Biographical dictionary angers Spanish left
The new and supposedly authoritative tomes of the publicly funded Spanish Biographical Dictionary arouse the ire of the Spanish left and descendants of Franco’s victims 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/8ACKXA/YT/t?a1=2011&a2=6&a3=7

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FT.com - US
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Fraud probes to continue, says US attorney 
Preet Bharara said federal prosecutors are continuing to probe fraud allegations arising from the financial crisis in the face of public anger that no top executives have been charged with any wrongdoing 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/720X4B/YT/t?a1=2011&a2=6&a3=7

Leading Obama economic adviser to leave 
One of President Obama's closest economic aides Austan Goolsbee will depart the administration in the summer, leaving few of Obama's initial team in place 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/C5ZEYC/YT/t?a1=2011&a2=6&a3=7

Geithner warns on light-touch oversight
The US Treasury secretary warns overseas markets against undercutting American financial regulations, urging them to avoid the 'tragic' example set by the UK   
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/18HZ2R/YT/t?a1=2011&a2=6&a3=7

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FT.com - Companies US & Canada
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MySpace: life after web-death?  
News Corp is looking to sell MySpace, but it is hard to estimate what last-generation internet firms are worth and much depends on whether the brands can be rejuvenated 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/9ZVDKW/YT/t?a1=2011&a2=6&a3=7

International Paper in hostile bid for Temple-Inland 
International Paper, the world's largest paper and pulp company, has launched what could be a lengthy pursuit of competitor Temple-Inland,  making a $3.3bn bid approach that was rejected by the target's board 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/3OGM76/YT/t?a1=2011&a2=6&a3=7

FT's new web app bypasses need for iTunes
Comes after several publishers have expressed unhappiness at Apple's reluctance to share detailed data on the identities and behaviour of users of apps distributed through its store 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/TPF8BS/YT/t?a1=2011&a2=6&a3=7

Microsoft's foreign tax planning under scrutiny
US securities regulators prodded Microsoft earlier this year into disclosing details of how it uses foreign tax planning to reduce its US taxes, the software company has disclosed 
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/9ZVDKM/YT/t?a1=2011&a2=6&a3=7

Apple seeks new horizon with iCloud 
Steve Jobs appeared at an Apple conference for outside programmers on Monday with what he said was a new approach to personal computing: the iCloud.  
Read more >> 
http://link.ft.com/r/VKY5JJ/9Z20NJ/7CPF9/0GU3UE/8ACKXM/YT/t?a1=2011&a2=6&a3=7

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(c)THE FINANCIAL TIMES LTD 2011

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