Fri, 25th May 2012 00:30 Financial Times
INDIA WARNS EU OVER AIRLINE CARBON TAX
India has threatened to ban
European airlines from its
airspace if Brussels sanctions Indian carriers in a dispute over
an EU plan to charge carriers for their pollution. http://www.ft.com/cms/s/0/aceffc00-a58d-11e1-a77b-00144feabdc0.html#axzz1vomKaiVn
INSULTS FLY OVER TROUBLED HP BUYOUT
As many as a quarter of the staff at Autonomy quit the
British software group soon after its acquisition by HP,
former employees said, with one likening the U.S. computer
maker's internal procedures to 'being water-boarded' almost
daily. http://www.ft.com/cms/s/0/fd61a91a-a5b8-11e1-b77a-00144feabdc0.html#axzz1vomKaiVn
ASOS CHIEF TO RECEIVE BIG SHARE PAYOUT
Nick Robertson, chief executive of Asos, the online
fashion retailer, is to receive a 25 million pound ($39.20
million) share payout, after a three-year management incentive
scheme reached its maximum potential. http://www.ft.com/cms/s/0/ab88056c-a56d-11e1-a3b4-00144feabdc0.html#axzz1vRDO12it
MASTERCARD OVERCHARGED, EU COURT RULES
European consumers will face more transparent credit and
debit card fees and potentially lower retail costs after a
landmark court ruling confirming MasterCard overcharged
for cross-border card transactions. http://www.ft.com/cms/s/0/e34d1f56-a580-11e1-a77b-00144feabdc0.html#axzz1vRDO12it
TIFFANY'S US SALES DISAPPOINT
Sales at Tiffany & Co's flagship New York store
declined 4 percent in the past quarter as its Americas business
performed worse than expected, triggering a downgrade to its
sales forecast and a plunge in its shares. http://www.ft.com/cms/s/0/702ada42-a5a1-11e1-a77b-00144feabdc0.html#axzz1vRDO12it
CO-OP PLANS 3,000 JOBS FOR LEGAL UNIT
The Co-operative Group plans to hire 3,000 people
for its law business as it aims to become the largest provider
of consumer legal services in the UK within five years. http://www.ft.com/cms/s/0/ebf820ec-a58f-11e1-a77b-00144feabdc0.html#axzz1vRDO12it
GEORGIAN RAILWAY PULLS LONDON IPO
Georgia has pulled the planned listing of its state railway
monopoly in London in a further setback for the moribund UK
market for initial public offerings. http://www.ft.com/cms/s/0/1ab32ef6-a5b6-11e1-b77a-00144feabdc0.html#axzz1vRDO12it
($1 = 0.6377 British pounds)
(Reporting by Stephen Mangan; Editing by Eric Walsh)
Keywords: PRESS DIGEST FINANCIAL TIMES MAY 25
(stephen.mangan@thomsonreuters.com)(+44)(0)(207 542 7931)
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