Most talked about Financial Times stories

​Financial Times appoints Megan Murphy Washington bureau chief

aboutus.ft.com — 22 July 2014: The Financial Times today announces the appointment of Megan Murphy (@meganmurp) asWashington bureau chief to lead the FTâs coverage of US politics. She will assume the role on 1 January 2015 and will relocate fromLondon toWashington,DC, this fall. Murphy succeeds Richard McGregor, who will work on longer-term projects.
Jul 22, 2014

huge congrats to @meganmurp, soon to be the @FT's Washington bureau chief. DC's not gonna know what hit it... on.ft.com/1rxVVme

Jul 22, 2014

She's coming to blown down your house of cards, 'Murica. The awesome @meganmurp is the @FT's new Washington DC BC on.ft.com/1n8E0jn

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Joko Widodo elected Indonesia’s next president

ft.com — Joko Widodo, the reformist governor of Jakarta, has been elected as the next president of Indonesia, capping a meteoric rise for the 53-year-old furniture salesman-turned-mayor. The election commission in the world's third-largest democracy

Mojang: smash-hit ‘Minecraft’ maker

ft.com — To celebrate selling 10m copies of its computer game Mine­craft, Swedish start-up Mojang decided to treat all its workers to a surprise trip last year. After breakfast at its Stockholm headquarters, employees were whisk­ed off in limousines, private
Jul 22, 2014

"Mojang executives even thnk the small newcomer can take children back to the original spirit of Lego" via @Gloverboy ft.com/cms/s/0/0283b5…

Jul 22, 2014

@mohamed tx for that, nice read. and, as chance would have it, just spotted this ft.com/cms/s/0/0283b5…

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France to go ahead with warship sale to Russia

ft.com — France will go ahead with the supply of a helicopter assault ship to Russia later this year but the delivery of a second vessel under the controversial €1.2bn contract will depend on Moscow's attitude to the conflict in Ukraine, President Francois
Jul 22, 2014

France looks like backing down on warship: Row erupts over French warship ahead of European talks on.ft.com/1rFGKVP

Jul 22, 2014

RT @davidrieff: French official: "If Cameron wants to sanction Russia, he should sanction Chelsea and support PSG": on.ft.com/1ttrVWH #FT

Jul 22, 2014

Arms exports continuing to screw up French (NB also UK) foreign policy once more. Expensive things, arms exports. ft.com/cms/s/0/36d156…

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Xiaomi challenges Apple with latest smartphone

blogs.ft.com — FT experts in San Francisco, London and Taipei upload their views
Jul 22, 2014

RT @tim: As well as a new phone, Xiaomi has a new fitness-tracking and phone-unlocking wristband - costing $13! on.ft.com/1tuVkjb

Jul 22, 2014

As well as a new phone, Xiaomi has a new fitness-tracking and phone-unlocking wristband - costing $13! on.ft.com/1tuVkjb

Jul 22, 2014

Reports that crowd murmured “iPhone” as Xiaomi phone was unveiled. (presumably in hushed, church-like tones) on.ft.com/1tuVkjb

Jul 22, 2014

#Xiaomi the money: Chinese company challenges #Apple with latest smartphone FT.com on.ft.com/1tuVkjb

Putin ally warns on Russia’s isolationist course

ft.com — Russia's former finance minister Alexei Kudrin, one of president Vladimir Putin's most-trusted economic advisers, has issued a stern warning that Russia's stand-off with the west will hurt the country's economic and political modernisation, in the
Jul 22, 2014

Former Russian FinMin and (former?) Putin ally Alexei Kudrin has sharp words for Russia's isolated Ukrainian policy on.ft.com/1A0Z1S2

Jul 22, 2014

>>>signs of split in kremlin? >>Putin ally warns on Russia’s isolationist course on.ft.com/1A0Z1S2

Jul 22, 2014

RT @CatherineBelton: kudrin warns russia heading for "historic confrontation" with west, calls for step back from isolationist course on.ft.com/1A0Z1S2 @FT

A Herbalife Pre-response

ftalphaville.ft.com — Pershing Square, the hedge fund dedicated to the destruction of Herbalife for truth, justice and a tidy profit, will hold a presentation on the subject of Nutrition Clubs run by the multi-level marketing company shortly on Tuesday. In advance of that Herbalife has released a summary of its own research, a report prepared by a former FTC advisor on the company's business model.

Goldman to sell €10bn bond using new swap

ft.com — A type of derivative known as a "total return swap" has become a hot ticket item on Wall Street as investors seek out new ways of playing booming credit markets, while banks - including Goldman Sachs - find fresh methods to finance their assets.

Bundesbank shifts stance and backs unions’ push for big pay rises

ft.com — The Bundesbank has backed the push by Germany's trade unions for inflation-busting wage settlements, in a remarkable shift in stance from a central bank famed for its tough approach to keeping prices in check. Jens Ulbrich, the Bundesbank's chief
Jul 22, 2014

RT @aliceemross: Interesting - the über-hawkish Bundesbank is nevertheless in favour of inflation-beating wage rises in Germany ft.com/cms/s/0/656ff1…

Jul 22, 2014

Interesting - the über-hawkish Bundesbank is nevertheless in favour of inflation-beating wage rises in Germany ft.com/cms/s/0/656ff1…

Jul 22, 2014

Bundesbank shifts stance and backs unions’ push for big pay rises - ft.com/intl/cms/s/0/6…

Exorbitant privilege, meet pari passu

ftalphaville.ft.com — With less than a fortnight until Argentina risks defaulting on its restructured debt, there will be another hearing in the pari passu saga later on Tuesday. After a look at Argentina's position, now for what Judge Griesa's hearing will focus on -- restructured bondholders who argue that he has no jurisdiction over them...
Jul 22, 2014

Some light pari passu reading from overnight, before today's hearing. 67: on.ft.com/1sKmDZ4 & 68: on.ft.com/1tuLMVq

Jul 22, 2014

Fascinating dissection of the issues of international law at stake in the pari passu case today by @jsphctrl ftalphaville.ft.com/2014/07/22/189…

US Senate alleges hedge fund and banks avoided $6bn tax bill

ft.com — Hedge fund Renaissance Technologies has been accused of misusing complex financial structures, with the help of Barclays and Deutsche Bank, to avoid paying more than $6bn in US taxes, the Senate Permanent Subcommittee on Investigations said on
Jul 22, 2014

Senate hearing abt to begin, accusing RenTec, w/ help of Barclays & Deutsche, of avoiding $6B+ in taxes ft.com/intl/cms/s/0/7…

Jul 22, 2014

US Senate alleges hedge fund and banks avoided $6bn tax bill on.ft.com/1A05lt6 "Game of 'let's pretend'"

Cath Kidston sells down stake in chain to finance Asian expansion

ft.com — Cath Kidston, the British designer famed for her eponymous chintzy prints and accessories, has sold down some of her personal stake in the brand to finance expansion in Asia, targeting 100 stores in China. The deal, which was announced on Tuesday
Jul 22, 2014

Prepare for a chintz explosion - Cath Kidston is going to Asia ft.com/cms/s/0/63acc6… via @ClaerB

Canary Wharf project gets planning go-ahead

ft.com — Tower Hamlets council has given the go-ahead for more than 3,000 homes to be built on the eastern edge of Canary Wharf as the London business district opens up to residential development. Songbird Estates on Tuesday said it had won planning
Jul 22, 2014

The expansion of Canary Wharf seems to involve the construction of a giant corn on the cob. ft.com/cms/s/0/97d180… pic.twitter.com/ptIFxLxwz3

Jul 22, 2014

@FT readers are a little sceptical about Tower Hamlets' motives over Canary Wharf expansion on.ft.com/1myJxL6

The Kremlin’s Machiavelli has led Russia to disaster

ft.com — Just a couple of months ago it was fashionable to laud Vladimir Putin for his strategic genius. American rightwingers contrasted his sure-footedness with their own president's alleged weakness. In a column entitled "Obama vs Putin, The Mismatch",
Jul 22, 2014

Strong column from @gideonrachman on why #Putin is a diplomatic dwarf, not a genius on.ft.com/1qwSYms via @FT

Jul 22, 2014

'The danger is that the only way for Putin to disguise his repeated failures is to further ratchet up the crisis' on.ft.com/1sJMrEF

Jul 22, 2014

Putin reckless gambler, whose paranoid and cynical policies are leading Russia into economic and political isolation on.ft.com/1qwSYms

Jul 22, 2014

The Kremlin’s Machiavelli has led Russia to disaster - FT.com on.ft.com/1qwSYms via @FT

Jul 22, 2014

RT @adsteel: Top morning must read - The Kremlin’s Machiavelli has led Russia to disaster: on.ft.com/1rjScah #FT

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Miliband confronts UK Labour activists on spending policy

ft.com — Labour leader Ed Miliband was so keen to prove his financial discipline at a key policy forum that he deployed several shadow cabinet members to pressure a 58-year-old civil engineer who dared to challenge the party's modest spending plans. Mr
Jul 22, 2014

RT @PickardJE: Analysis: @ChrisGiles_ and I explain how Labour's fiscal austerity is not as austere as the Tories' ft.com/cms/s/0/ec8698…

Jul 22, 2014

How Ed Balls, Chris Leslie and Chuka Umunna urged rebel Labour activist George McManus to drop his critical amendment ft.com/cms/s/0/ec8698…

Jul 22, 2014

Analysis: @ChrisGiles_ and I explain how Labour's fiscal austerity is not as austere as the Tories' ft.com/cms/s/0/ec8698…

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