This Morning's Headlines: Pressure mounts on Strauss-Kahn to quit, Dell result...

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ft.com/briefings
FINANCIAL TIMES - Morning headlines
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/WLNWYA/KI/t?a=2011&b=5&c=18

Wednesday May 18 2011

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Financial Times - US homepage
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Pressure mounts on Strauss-Kahn to quit
Tim Geithner, US Treasury secretary, calls on the IMF to formally appoint an interim managing director after Dominique Strauss-Kahn is denied bail on charges of sexual assault
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/3OHQR7/KI/t?a1=2011&a2=5&a3=18

Dell results give bulls excuse to gambol
A well-received earnings report from Dell appears to have sparked a risk rally, though low Treasury yields suggest underlying caution about US growth remains
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/S3S7WH/KI/t?a1=2011&a2=5&a3=18

BP offers fresh proposals to Rosneft
Russian state oil champion opens door to fresh talks on developing the Arctic, saying it could continue negotiations even though a deadline for agreement on a $16bn share swap with BP has expired
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/NSYCZF/KI/t?a1=2011&a2=5&a3=18

BAE pays $79m in US corruption case
The US government has fined BAE Systems up to $79m and will maintain ‘enhanced’ oversight over some of the defence contractor’s UK-based export programmes
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/FX7T8R/KI/t?a1=2011&a2=5&a3=18

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Financial Times - Financial markets news
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Sterling retreats after Bank minutes
Sterling’s inflation-led bounce proves short-lived after minutes from the Bank of England’s Monetary Policy Committee May meeting give interest rate hawks little to pin their hopes on
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/8AOFU4/KI/t?a1=2011&a2=5&a3=18

Strong earnings reports help FTSE 100 recover
London equities bounce higher after five successive sessions of losses with Land Securities topping the index helped by a bullish forecast for property markets
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/OJIV7B/KI/t?a1=2011&a2=5&a3=18

Whitney warns on US state pension schemes
Meredith Whitney, the outspoken Wall Street analyst, says that the rising cost of states’ retirement plans could redirect funds away from public services and hurt the US economy
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/FX7T8S/KI/t?a1=2011&a2=5&a3=18

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Financial Times - World
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Libyan oil chief is said to have fled country
Libya’s top oil official has fled the country, a close associate and the UK foreign office claimed, in what would be a high-profile and economically significant blow to Col Muammer Gaddafi’s regime.
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/D4A1BD/KI/t?a1=2011&a2=5&a3=18

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FT.com - US
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Schumer claims Corporate America rethink towards party
Corporate America is giving Obama and Democrats in Congress "a second look" because the Republican party appears "on the verge of being financially irresponsible", said Charles Schumer
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/XT3XIB/KI/t?a1=2011&a2=5&a3=18

BAE pays $79m in US corruption case
The US government has fined BAE Systems up to $79m and will maintain 'enhanced' oversight over some of the defence contractor's UK-based export programmes
Read more >>
http://link.ft.com/r/UXDMSS/XTUK0K/F48HU/S39UIG/GKMH6R/KI/t?a1=2011&a2=5&a3=18

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(c)THE FINANCIAL TIMES LTD 2011

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