Financial Times - Companies
Financial Times - Companies


Faltering start for the new Facebook
Glitches delayed the opening of trading and underwriters had to intervene to prevent the group?s shares falling below the $38 price set on Thursday

Murdoch quashes talk of UK paper spin-off
News Corp?s chief has moved to quash talk about selling its tainted UK newspaper business, saying publishing would remain ?a core component?

Alibaba nears buyback deal with Yahoo
The deal under discussion would involve the US group selling about $7bn of its stake in the Chinese ecommerce group, valuing Alibaba at $35bn

Alarm delay ?critical? says Concordia probe
Captain of giant cruise ship took more than an hour to alert the passengers after ship hit rocks off Italian island of Giglio

JPMorgan returns $168m to MF trustee
The money is not part of the more than $1bn in missing customer cash that has been missing since the broker-dealer filed for bankruptcy in October

GM to sit out next Super Bowl
The carmaker will not advertise in the most watched US television event of the year in an unexpected move following a review of its advertising strategy

Repsol cancels LNG shipments to Argentina
Spanish group scraps nine deliveries of liquefied natural gas worth $360m in wake of YPF seizure over alleged ?contract violations? by Buenos Aires

Hotels trial finds room for Blair and Bono
McKillen tells court of meetings with former Labour prime minister as suit against the Barclay brothers enters its final phase

Spain hit by rise in bad bank loans
Value of bad loans held by banking sector increased a third during the past year to ?148bn and accounted for 8.4% of their entire loan portfolios

Vale hires advisers for oil and gas assets
Brazilian miner hires Citibank and Scotiabank with a view to either selling the assets or spinning them off into a new company

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