Subject: This Morning's Headlines: Weber named next UBS chairman, French revive DSK’s p...
From: "Financial Times Briefing" <[email-masked]>
To: <[email-masked]>
Date: Fri, 01 Jul 2011 07:58:18 -0400

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ft.com/briefings 
FINANCIAL TIMES - Morning headlines
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/S3FRG1/4O/t?a=2011&b=7&c=1

Friday July 01 2011 

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Financial Times - US homepage
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Weber named next UBS chairman
Former Bundesbank president and once a frontrunner to head the ECB has been named as the next chairman of the Swiss bank 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/M9EIUQ/4O/t?a1=2011&a2=7&a3=1

French revive DSK’s presidential hopes
Calls for the primary race for French presidential candidate to be suspended until Dominique Strauss-Kahn’s fate became clearer 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/S3FRB4/4O/t?a1=2011&a2=7&a3=1

Weak manufacturing data curbs market rally
Markets are supported by an improvement in US business activity and Japanese companies’ capex plans, but soft Chinese and European PMI weigh 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/YHL1CF/4O/t?a1=2011&a2=7&a3=1

China manufacturing at lowest in 2 years
Figures fuel concerns that the world’s second-largest economy is slowing down because of aggressive action by the government to tame inflation 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/5CO65L/4O/t?a1=2011&a2=7&a3=1

NBA locks out players after talks collapse
The National Basketball Association has locked out its players after talks between their union and team owners broke down 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/GKW4SG/4O/t?a1=2011&a2=7&a3=1

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Financial Times - Financial markets news
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Financial stocks help FTSE 100 hold steady
Lingering demand for financial stocks helps London’s benchmark index hold its ground, while commodity stocks limit overall gains 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/IYKXR4/4O/t?a1=2011&a2=7&a3=1

Manufacturing figures weigh on sterling
The pound drops to a fresh 16-month low against the euro after data raises renewed worries over the pace of the UK’s recovery 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/GKW4S7/4O/t?a1=2011&a2=7&a3=1

Vestas leads European markets after EDF deal
European equity markets enjoy their first weekly gains in two months, advancing for four out of the five sessions – the best winning streak since March 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/YHL1CN/4O/t?a1=2011&a2=7&a3=1

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Financial Times - World
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Italy’s government agrees austerity package
The country’s centre-right government agrees on austerity package designed to eliminate the country’s budget deficit by 2014 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/26GBZF/4O/t?a1=2011&a2=7&a3=1

Japanese business sentiment dips
Sentiment among large Japanese manufacturers has turned sharply negative since the March disaster but companies expect a swift recovery 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/S3FRBW/4O/t?a1=2011&a2=7&a3=1

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FT.com - US
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Italy's government agrees austerity package
The country's centre-right government agrees on austerity package designed to eliminate the country's budget deficit by 2014 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/FX4596/4O/t?a1=2011&a2=7&a3=1

Questions raised over Strauss-Kahn case
Dominique Strauss-Kahn's lawyers will apply to have all his bail conditions removed at an unscheduled court appearance on Friday  
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/5CO651/4O/t?a1=2011&a2=7&a3=1

Lundbeck to halt use of drug on death row
The Danish group will directly scrutinise every US order of Nembutal and require buyers to confirm it will not be used to execute prisoners 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/8AVCXT/4O/t?a1=2011&a2=7&a3=1

Probe into CIA detainee abuse closes
The US attorney-general narrows the scope of the investigation to fatal incidents and reduces more than 100 cases under scrutiny to just two  
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/ZBTLV1/4O/t?a1=2011&a2=7&a3=1

US set to step up Syria sanctions
The White House is shifting away from earlier fears that the departure of Bashar al-Assad's regime would fan instability across the Middle East  
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/ZBTLVL/4O/t?a1=2011&a2=7&a3=1

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FT.com - Companies US & Canada
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Kodak shares plunge after patent ruling
Shares in Kodak have plunged 15 per cent in after-hours trading after the company received a mixed ruling on its patent infringement suit against Apple and RIM 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/JIDKNE/4O/t?a1=2011&a2=7&a3=1

Synchronica to enter US via Nokia deal
The UK provider of communication systems for mobile carriers is set for a $25m reverse takeover of Nokia's operator-branded messaging business 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/KEYD3E/4O/t?a1=2011&a2=7&a3=1

NY Fed halts mortgage bond auction
The uncertain housing market outlook and abundant supply of assets have damped demand for securities held by the Maiden Lane II vehicle 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/JIDKFD/4O/t?a1=2011&a2=7&a3=1

NBA locks out players after talks collapse
The National Basketball Association has locked out its players after talks between their union and team owners broke down 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/JIDKF6/4O/t?a1=2011&a2=7&a3=1

Regulators probe Twitter's handling of app developers
US regulators have begun an investigation into whether Twitter has unfairly disadvantaged other developers who had built businesses by tapping into its global audience 
Read more >> 
http://link.ft.com/r/3JFELL/8ZA3J5/HXOGL/JIWW4V/26GB70/4O/t?a1=2011&a2=7&a3=1

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(c)THE FINANCIAL TIMES LTD 2011

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