April 14 The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
China snaps up Glencore copper mine for $6 bln
ECB policy makers plot QE road map
UK watchdog targets bankers with big rise in penalties
Osborne's plan to give taxman more powers faces Tyrie
Co-operative Group to reveal 2 bln stg-2.5 bln stg pre-tax
WHO plans to regulate e-cigarettes in same way as normal
Commodities trader Glencore Xstrata sold its
interest in the Las Bambas copper mine in Peru to a Chinese
consortium for $6 billion in cash.
The European Central Bank is ready to make asset purchases
if it deems them necessary to stave off low inflation in the
euro zone, Executive Board member Benoit Coeure said on Sunday.
The amount of individual penalties levied on wayward
bankers by UK's Financial Conduct Authority has increased 76
percent over the past two years.
Finance Minister George Osborne's plan to give the taxman
powers to clamp down on 10 billion pounds of tax evasion and
avoidance in the UK might face opposition from a committee of
MPs, who argue that the move could hit civil liberties.
Britain's Co-Operative Group is set to reveal a
staggering 2 billion-2.5 billion pound loss on Thursday,
highlighting the urgency of adopting sweeping governance reforms
at the troubled mutual.
Certain sections of the World Health Organisation are keen
to categorise e-cigarettes as tobacco and regulate them as
normal cigarettes, according to leaked documents seen by the FT.
(Compiled by Karen Rebelo in Bangalore)