http://www.ft.com/companieshttp://www.ft.com/rss/companiesFT.com - Companiesen© Copyright The Financial Times Ltd 2008. "FT" and "Financial Times" are trademarks of the Financial Times.support@ft.comFri, 9 May 2008 18:17 BSTFri, 09 May 2008 18:19:41 BSTNewspapers15http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gifhttp://www.ft.com/companies(PICS-1.1 "http://www.classify.org/safesurf/" L gen true for "http://www.ft.com/" r (SS~~000 1))http://www.ft.com/cms/s/0/068c27a0-1d40-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/068c27a0-1d40-11dd-82ae-000077b07658.htmlCitigroup confirmed that at least $400bn in non-core assets could be sold as part of plans to reduce costs and restore profit growth to double-digit ratesFri, 9 May 2008 14:51 BSThttp://www.ft.com/cms/s/0/ab158d10-1dd2-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/ab158d10-1dd2-11dd-983a-000077b07658.htmlCircuit City said it would open its books to Blockbuster ahead of a possible bid that would be backed by Carl Icahn, the billionaire investorFri, 9 May 2008 15:57 BSThttp://www.ft.com/cms/s/0/67573db0-1dcf-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/67573db0-1dcf-11dd-983a-000077b07658.htmlBritish Airways is to begin one of the most crucial parts of the move to the showpiece new Terminal 5 in June, including the lucrative New York JFK routeFri, 9 May 2008 15:53 BSThttp://www.ft.com/cms/s/0/f7bf7ec2-1d56-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/f7bf7ec2-1d56-11dd-82ae-000077b07658.htmlThe crisis at American International Group deepened after $15bn in credit-related writedowns plunged the US insurer into a record quarterly lossFri, 9 May 2008 00:56 BSThttp://www.ft.com/cms/s/0/20bd806c-1d98-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/20bd806c-1d98-11dd-983a-000077b07658.htmlThe appointment of Didier Valet as chief financial officer fills the gap in the scandal-hit French bank's senior ranks created when Frédéric Oudéa was promoted to chief executive in AprilFri, 9 May 2008 08:28 BSThttp://www.ft.com/cms/s/0/6ca82e42-1d9c-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/6ca82e42-1d9c-11dd-983a-000077b07658.htmlDresdner Bank stayed in the red in the first quarter after writing down €845m on structured finance investments, keeping it in the spotlight as parent Allianz works to split it in twoFri, 9 May 2008 15:18 BSThttp://www.ft.com/cms/s/0/e944fe8a-1dc9-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/e944fe8a-1dc9-11dd-983a-000077b07658.htmlThe brewer of Beck's and Stella Artois beers predicted a better second half after a fall in Brazilian beer sales and higher commodities costs hit first-quarter resultsFri, 9 May 2008 14:38 BSThttp://www.ft.com/cms/s/0/19fc01b2-1dad-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/19fc01b2-1dad-11dd-983a-000077b07658.htmlThe South Korean carmaker has suspended a plan to produce pick-up trucks in the US due to falling demand for gas-guzzling vehicles amid record high oil pricesFri, 9 May 2008 18:17 BSThttp://www.ft.com/cms/s/0/4161d480-1d93-11dd-983a-000077b07658.htmlhttp://www.ft.com/cms/s/0/4161d480-1d93-11dd-983a-000077b07658.htmlThe music and entertainment retailer reported a 13.8% rise in like-for-like sales at stores in the UK and Ireland and said it expected pre-tax profitd at the top end of market forecastsFri, 9 May 2008 12:12 BSThttp://www.ft.com/cms/s/0/ab83b228-1d27-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/ab83b228-1d27-11dd-82ae-000077b07658.htmlA deal to raise up to $2bn from a consortium led by Spain's Grupo Santander would make the second-largest US savings and loan the latest in a line of banks seeking to raise capital to offset losses on loansThu, 8 May 2008 19:43 BSThttp://www.ft.com/cms/s/0/59363856-1d2c-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/59363856-1d2c-11dd-82ae-000077b07658.htmlEDF, Europe's biggest power company, has been buying land around nuclear sites in England and WalesThu, 8 May 2008 23:39 BSThttp://www.ft.com/cms/s/0/f6148d86-1ccc-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/f6148d86-1ccc-11dd-82ae-000077b07658.htmlHit by a stronger yen, lower demand in the US and high raw material costs, Toyota is expecting net profit to fall 27 per cent in the final quarter Thu, 8 May 2008 18:54 BSThttp://www.ft.com/cms/s/0/bfe01f0e-1d36-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/bfe01f0e-1d36-11dd-82ae-000077b07658.htmlThe number of companies defaulting on their junk-rated debt and filing for bankruptcy in North America is running at its fastest pace in five years amid the slowing economy and contraction in credit marketsThu, 8 May 2008 20:53 BSThttp://www.ft.com/cms/s/0/8729d8f4-1d08-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/8729d8f4-1d08-11dd-82ae-000077b07658.htmlWarner Music reported a rise in losses for the second quarter and suspended its quarterly dividend payment, providing further evidence of the pressures on the music industryFri, 9 May 2008 00:38 BSThttp://www.ft.com/cms/s/0/897e2bb8-1d36-11dd-82ae-000077b07658.htmlhttp://www.ft.com/cms/s/0/897e2bb8-1d36-11dd-82ae-000077b07658.htmlBest Buy of the US and the UK's Carphone Warehouse promised to unleash a far-reaching shake-up of the European consumer electronics landscape with a new joint ventureThu, 8 May 2008 20:48 BST