PRESS DIGEST- Financial Times - April 25
April 25 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
BARCLAYS CHAIRMAN SIR DAVID WALKER DEFENDS BONUS RISE
AstraZeneca looks at $15bn of non-core spin-offs
PARIS WARNS GE ON POSSIBLE BID FOR ALSTOM
FORMER KPMG AUDITOR SENTENCED TO 14 MONTHS IN PRISON
SALE OF HSBC TOWER HINTS AT RETURN TO PROPERTY BOOM TIMES
Barclays Plc defended its decision to pay higher bonuses as it faces a shareholder revolt led by Standard Life , despite warning of another poor quarter at its investment bank.
Pascal Soriot, chief of Britain's second largest pharmaceuticals company AstraZeneca Plc, announced the possible sale or spin-off of non-core units after denying media reports of a $100 billion takeover by Pfizer Inc.
France's new Prime Minister Manuel Valls has warned General Electric that the Socialist government is ready to fight to protect its national interests if the U.S. conglomerate tries to buy train and power plant builder Alstom SA.
Former KPMG auditor Scott London was sentenced to 14 months in prison after he plead guilty to giving confidential client information to his golf partner in exchange for watches and concert tickets.
London's largest and most expensive office building, HSBC's global headquarters, is up for sale for over 1.1 billion pounds ($1.85 billion), a record price for the British market.
($1 = 0.5953 British Pounds) (Compiled by Richa Naidu in Bangalore)
- Israel pummels Gaza; Kerry steps up diplomatic push |
- With sales sputtering, Apple's iPad looks to IBM alliance
- Ukraine war crimes trials a step closer after Red Cross assessment
- Five held in China food scandal probe, including head of Shanghai Husi Food
- Rebels likely downed Malaysian jet 'by mistake': U.S. officials