ft.com
/frontpage
UK
Change edition
Asia
Europe
India
Middle East
UK
US
All times are London time
Search
Advanced search
Sign in
Site tour
Register
Subscribe
Welcome
Subscribe
Your account
Site tour
Sign out
Username
Password
Forgot password?
Remember me on this computer
Sign in
Get on your bike
Lucy Kellaway goes sweatworking
Martin Wolf
If Greece goes ... expect chaos
Gillian Tett
JPMorgan antics expose investment dilemma
Philip Stephens
The last chance to rescue the euro
Gary Silverman
Titillating tales to tickle the board
Home
Video
Interactive
Blogs
Alphaville
beyondbrics
Portfolio
Special Reports
In depth
Today’s Newspaper
Tools
Tools
Portfolio
FT clippings
Alerts hub
Email briefings
MBA rankings
MBA Newslines
FT Lexicon
Mobile
Currency converter
ePaper
FT press cuttings
Privilege Club
Social Media hub
Economic calendar
Calculators
UK
Business
Economy
UK Companies
Politics & Policy
UK Small Companies
London 2012 Olympics
World
Africa
Asia-Pacific
Asia-Pacific
Afghanistan
China
India
Japan
North Korea
Pakistan
Europe
Europe
Brussels
Latin America & Caribbean
Latin America & Caribbean
Business
Economy
Finance
Politics & Policy
Regulation
Society
Middle East & North Africa
Middle East & North Africa
Economy
Finance
Politics & Society
Iran
Iraq
Arab-Israel conflict
UK
UK
Business
Economy
UK Companies
Politics & Policy
UK Small Companies
US & Canada
US & Canada
Economy
Politics & Policy
Society
Canada
The World blog
Companies
Energy
Energy
Mining
Oil & Gas
Utilities
Financials
Financials
Banks
Insurance
Property
Financial Services
Health
Health
Health Care
Pharmaceuticals
Industrials
Industrials
Aerospace & Defence
Automobiles
Basic Resources
Chemicals
Construction
Industrial Goods
Luxury 360
Media
Retail & Consumer
Retail & Consumer
Food & Beverage
Personal & Household Goods
Retail
Travel & Leisure
Tech
Tech
Science
Tech Blog
Telecoms
Transport
Transport
Airlines
Shipping
Rail
By Region
By Region
US Companies
UK Companies
European Companies
Americas Companies
Asia-Pacific Companies
African Companies
Middle Eastern Companies
UK Small Companies
Markets
Alphaville
FTfm
FTfm
Regulation
ETFs
Investment Strategy
Pensions
People
Opinion
Video
Markets Data
Markets Data
Bonds & Rates
Commodities
Funds
Director Deals
ETFs
Companies
Currencies
Investor Relations
Equity Indices
Interactive Charting
Data Archive
Portfolio
Economic Calendar
Trading Room
Trading Room
Clearing & Settlement
Developing Markets & Asia
Markets Regulation
Trading Technology
Quick View
Carbon Markets
Exchanges Consolidation
Equities
Equities
US
UK
Europe
Asia-Pacific
Currencies
Capital Mkts
Commodities
Emerging Mkts / beyondbrics
Global Economy
Economic Calendar
Money Supply
Americas
China
EU
India
Middle East
UK
US
Lex
About Lex
Lex Biographies
Best of Lex
Lex on Mobile
Lex by Email
Lex Video
Lexicon
Subscribe to Lex
Comment
Columnists
Columnists
Samuel Brittan
Christopher Caldwell
John Gapper
Brian Groom
John Kay
Edward Luce
Sebastian Mallaby
Jurek Martin
Wolfgang Munchau
David Pilling
Ingram Pinn
Gideon Rachman
Robert Shrimsley
Gary Silverman
Philip Stephens
Lawrence Summers
Gillian Tett
Martin Wolf
Analysis
Opinion
The A-List
Editorial
Blogs
Blogs
beyondbrics
Brussels Blog
Business Blog
Economists’ Forum
FT Alphaville
FT Data
Gavyn Davies
Martin Wolf’s Exchange
Material World
MBA Blog
Money Supply
Tech Blog
The World
Westminster Blog
Letters
Corrections
Obituaries
Management
Business Education
Business Education
All Rankings
MBA
Masters in Management
EMBA
Features of the Week
Business School News
Women at Business School
Entrepreneurship
Entrepreneurship
Business Speak
Business Questions
Business Books
Business Travel
Recruitment
The Connected Business
Women at the Top
Personal Finance
Property & Mortgages
Investments
Investments
Trading Ideas
Pensions
Tax
Banking & Savings
Insurance
Money Matters
Money Matters
Top Tips
Deals
Advice & Comment
Advice & Comment
Adventurous Investor
Merryn Somerset Webb
My First Million
My Portfolio
Q&A
Serious Money
Traders Diary
Wealth Questions
Calculators
Life & Arts
Arts
Arts
Collecting
Design & Architecture
Film & Television
Music
Theatre & Dance
Visual Arts
FT Magazine
Food & Drink
Food & Drink
Jancis Robinson on Wine
Restaurant reviews
Rowley Leigh on Cookery
Recipes
House & Home
Style
Books
Books
Essay
Fiction
Non-Fiction
Pursuits
Pursuits
Crossword
Sudoku
Travel
Travel
UK
North America
Europe
Asia & Australia
Africa
Americas
Luxury
Adventures
Winter Sports
Family
City Breaks
How To Spend It
Highlights
Gavyn Davies: Consequences of anti-austerity
Afghan pullout: Bringing it back home
beyondbrics
Michael Skapinker
From
COMPANIES
9:37pm
Facebook prices shares at $38 each
©AFP
Valuation of $104bn at top of the range
Investors bet on Facebook as gatekeeper
Video
Facebook’s great expectations
Early Facebook backers add to share sale
Lex
Facebook valuation calculator
From
COMPANIES
9:17pm
Spain moves to calm bank fears
Moody’s prepares sweeping downgrade of country’s lenders
Spain denies bank run reports
Two tiers, one crisis for Spanish banks
Bankia hit by report of withdrawals
Global Market Overview
from
MARKETS
9:56pm
Stocks relapse on chronic eurozone fears
Early rally fades as single currency dips below $1.27
Federal Reserve wary of eurozone risks
Retailers fail to boost US equities
From
WORLD
5:58pm
Iran helps Syria defy oil embargo
Tanker switches flags and ownership to help avoid detection
Ray Takeyh
Khamenei must choose
Iran’s power struggle surfaces over talks
No more excuses for Netanyahu
From
MARKETS
9:06pm
Japan pushes Asia gas price close to high
Spot prices in Asia expected to hit record high this summer
Shell warns on US natural gas bounce
Turkey close to Azeri gas deal
Trading Post
A flare-up in natural gas
More UK news
Cameron holds line with business leaders
GM creates 700 jobs at Ellesmere Port
Man Utd hit by lack of trophies
HSBC targets cross-selling revenue boost
Berkeley on pole for Wapping development
Business Barometer
Explore the results of the exclusive Financial Times/Economist survey of global business sentiment
From
WORLD
5:20pm
G8 absence threatens US-Russian rapport
Economic relationship must replace security focus
Putin to skip G8 Camp David summit
Putin sworn in as Russian president
G8 accused of cover-up on aid targets
©EPA
From
UK
8:26pm
Cameron changes tack on Hollande
PM tries to align himself with ‘pro-growth’ mood
Cameron fears eurozone unravelling
Hollande success awkward for Cameron
From
WORLD
4:41pm
Japanese bank freezes Iranian assets
Move follows order from US court pursuing damages for bombing
Nuclear watchdog and Iran agree to more talks
Clinton warns India over Iranian oil
From
COMPANIES
5:37pm
Chesapeake’s rivals circle ahead of sales
Enfeebled cash flows force disposals
Chesapeake expands short-term loan to $4bn
Lex
Chesapeake
Moody’s negative on Chesapeake debt
Chesapeake urged to consider buyout offers
SEC probes Chesapeake and its chief
From
COMPANIES
8:00pm
Pru hits back after investors’ pay revolt
Insurer brands comparison with Aviva and Cairn votes ‘absurd’
Cairn investors vote down pay report
UBM investors revolt over executive pay
Multimedia
Video
Lex explores what went wrong with 3i and what needs to be done to restore its fortunes
World Podcast
©Bloomberg
How feasible is it for Greece to leave the euro, and where would that leave the eurozone?
authers’ note
A Grexit aside, Citi’s Guillaume Menuet explains why no other country will leave the eurozone
More stories
World
Consumers return Japan to growth path
US urges allies to make Afghanistan pledges
Nicosia acts to shores up Cypriot bank
Gulf union yet to attain modest goals
Markets
Size can be deadly in a low-rate world
UK enjoys strong two-year gilt demand
Cash-rich laggards start setting the pace
Pimco experiment beats flagship fund
Companies
Big banks need extra $566bn, says Fitch
Vedanta nears end of investment plan
Graff to have $3bn-$4bn value at IPO
French Connection issues profit warning
Financials
London loses financial jobs to regions
Two tiers, one crisis for Spanish banks
UK enjoys strong two-year gilt demand
Aviva chairman admits capital concerns
Technology
Rakuten leads $100m Pinterest investment
Investors bet on Facebook as gatekeeper
Universities that offer the elite to all
Early Facebook backers add to share sale
Emerging Markets
Graff to have $3bn-$4bn value at IPO
West wants signal on deal at Iran talks
Battered rupee highlights India woes
Surge in Chinese presence in east Europe
Offers
EXEC-APPOINTMENTS.COM
Global executive jobs
Register today for free job alerts
FT READER OFFER
Wine of the month
Just £768 per case of 12 bottles in bond*
Financial Times trial
Take a 4 week trial today
Try the FT and FT.com for 4 weeks for only £1
Video
You need JavaScript active on your browser in order see this video.
Highlights
In depth
Greece debt crisis
US elections 2012
China leadership transition
Eurozone in crisis
Austerity in Europe
More in depths
Most popular
Merkel and Hollande spell out Greek fear
Little country threatens big impact
Greek banks see steady deposits outflow
Rajoy warns Spain faces debt market exile
Euro’s last turn before the Grexit
exec-appointments.com
Enter job search
Search
Chief Executive (Director General)
Office for National Statistics
Finance Expert
McKinsey & Company
Director of Organisational Capability and Performance
The Office for National Statistics
Head of Change Management
Argos
Register for free to receive the latest executive jobs by email
Multimedia
Video
Blogs
Podcasts
Interactive graphics
Audio slideshows
Picture slideshows
Tools
Portfolio
FT Lexicon
FT clippings
Currency converter
MBA rankings
MBA Newslines
Today's newspaper
FT press cuttings
FT ePaper
Economic calendar
Updates
Alerts Hub
Daily briefings
FT on your mobile
Share prices on your phone
Twitter feeds
RSS feeds
Quick links
Mergermarket
How to spend it
SchemeXpert.com
Social Media hub
The Banker
The Banker Database
fDi Intelligence
fDi Markets
Professional Wealth Management
This is Africa
Investors Chronicle
MandateWire
FTChinese.com
Pensions Week
Services
Subscriptions
Corporate subscriptions
Syndication
Privilege Club
Conferences
Annual reports
Executive job search
Non-Executive Directors' Club
Businesses for sale
Contracts & tenders
Analyst research
Commercial Property listings
Company announcements
FT Collection