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ft.com/briefings
FINANCIAL TIMES - Morning headlines
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/ZB1M1E/UP/t?a=2011&b=5&c=27

Friday May 27 2011

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Financial Times - US homepage
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Dollar dip helps stocks and commodities
A switch in the way the dollar reacts to disappointing US economic data is providing support to stocks and commodities, as traders find the gospel of the buck’s inverse correlation to risk assets difficult to denounce.
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/26HWHE/UP/t?a1=2011&a2=5&a3=27

Obama renews call for Libya regime to go
The US president says that progress has been made but it is time to ‘finish the job’, after meeting Nicolas Sarkozy, French president, on the sidelines of the G8 meeting
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/D4ZRZ3/UP/t?a1=2011&a2=5&a3=27

Clinton seeks to heal Pakistan relations
Hillary Clinton is meeting with senior Pakistani leaders in an effort to repair relations damaged by the US raid that killed Osama bin Laden
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/A7V9VS/UP/t?a1=2011&a2=5&a3=27

Li & Fung suffers after brokerage report
Hong Kong-based consumer goods sourcing and logistics company issues statement defending growth strategy and question after share price suffers in wake of UBS comments
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/RNSOS2/UP/t?a1=2011&a2=5&a3=27

Fifa inquiry urged to include Blatter
Mohamed bin Hammam, the man challenging Sepp Blatter for the Fifa presidency, rejects bribery allegations and asks the ethics committee to include his rival in the probe
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/WL3A3C/UP/t?a1=2011&a2=5&a3=27

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Financial Times - Financial markets news
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Banks lead FTSE 100 on Basel III hopes
Reports of a softer-than-feared interpretation of Basel III capital requirements in Europe chime with improved risk appetite on global markets as banking and mining stocks drive broad-based gains
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/5C8D89/UP/t?a1=2011&a2=5&a3=27

Dollar has a rough week as US growth disappoints
The euro has a volatile five sessions but still manages to fashion gains against the dollar, which is suffering from a disappointing update on first quarter growth and an increase in risk appetite
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/18T4TZ/UP/t?a1=2011&a2=5&a3=27

European shares recover after choppy week
Thanks to a revival in commodity markets and rising risk appetite, concerns over the eurozone debt crisis are swept aside but S&P’s downgrade of Italian sovereign debt reverberates
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/QF9698/UP/t?a1=2011&a2=5&a3=27

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Financial Times - World
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Health fears could delay Mladic hearing
The former Bosnian Serb general is due in court again for a hearing on his extradition to the UN war crimes tribunal but his lawyer says he is in poor health – something war crimes prosecutors suggest is a delaying tactic
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/D4ZRZN/UP/t?a1=2011&a2=5&a3=27

Fifa to launch formal investigation of Blatter
Sport’s governing body to launch inquiry into president following claims by rival linking him to allegations of cash payments that are at centre of bribery probe
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/C5AJA9/UP/t?a1=2011&a2=5&a3=27

Mongolia faces critical diesel shortage
The government orders a temporary halt of diesel supplies to some miners and dips into its emergency stockpile, following the failure of Russian deliveries to arrive
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/YHU7UC/UP/t?a1=2011&a2=5&a3=27

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FT.com - US
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Clinton seeks to heal Pakistan relations
Hillary Clinton is meeting with senior Pakistani leaders in an effort to repair relations damaged by the US raid that killed Osama bin Laden
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/5C8D8D/UP/t?a1=2011&a2=5&a3=27

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FT.com - Companies US & Canada
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PayPal sues Google over mobile payments hire
The online payments company owned by Ebay files a lawsuit against Google over the hiring of one of its key payments executives – on the same day the search company unveils a move into the mobile payments business
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/18T4TE/UP/t?a1=2011&a2=5&a3=27

Google reveals mobile payment plan
Google and a group of partners plan to jump-start the mobile payments market in the US with a system based on a free 'Goggle Wallet' app and a technology called NFC
Read more >>
http://link.ft.com/r/QM42II/S3FGG0/MEAC8/QFEVPU/ZB1M1I/UP/t?a1=2011&a2=5&a3=27

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(c)THE FINANCIAL TIMES LTD 2011

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