PRESS DIGEST-Financial Times, Wall St Journal Asia editions
SINGAPORE May 20 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or website editions on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.
FINANCIAL TIMES (www.ft.com)
-- The United States said it was providing $110 million in emergency assistance to Pakistan, as international aid agencies warned that the scale of displacement from military action in the Swat Valley threatened to rival that following the Rwandan genocide in 1994. -- U.S. President Barack Obama announced a grand bargain on more stringent fuel efficiency and emission standards with the global car industry, drawing together an unlikely alliance of carmakers, trade unions and environmentalists. -- A global investor backlash over executive pay escalated when shareholders turned on Royal Dutch Shell (RDSa.L) and voted against its executive pay plan.
WALL STREET JOURNAL (www.wsj.com)
-- Brazilian oil giant Petrobas (PETR4.SA) finalized a $10 billion loan from China in return for a long-term supply of oil.
-- A U.S. gambling enforcement agency recommended MGM Mirage (MGM.N) disengage from any links with its Macau joint-venture partner, a daughter of gambling magnate Stanley Ho.
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