June 18 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Cyprus president calls for bailout overhaul to save economy
Votorantim suspends $4.9 bln Brazil IPO
Deloitte settles with New York over StanChart laundering review
Huawei open to Nokia deal but says Windows mobile remains weak
Former Imtech managers face possible criminal complaint for
News Corp hacking case launched in U.S.
Cyprus has asked leaders of the Eurozone to overhaul terms of
its 10 billion euro bailout, warning that the country might not
be able to meet the current rescue terms as it had harmed the
country's economy and banking system even more than expected.
Brazil's largest cement producer, Votorantim Cimentos, has
scrapped its plans to list in what would have been the
second-largest initial public offering globally this year.
Deloitte LLP's financial advisory unit will pay $10 million and
refrain for one year from new business with certain New York
banks to settle accusations over its review of money laundering
controls at Standard Chartered Bank.
Chinese network equipment and cellphone maker Huawei
Technologies Co would consider buying Finland's Nokia
to help it expand its smartphone business,
Huawei's head of consumer business said, but added that
Microsoft's Windows phone platform used by Nokia as well as
Huawei was "weak".
Dutch engineering company Royal Imtech, grappling with
fraud at its German and Polish operations that had cost the
company hundreds of millions of euros, is considering pressing
charges against some members of its former management in those
Oscar-winning actress Angelina Jolie's stunt double has sued
Rupert Murdoch's News Corp over allegations its British
newspapers hacked her phone, opening up a new front in the
litigation against the owner of The Sun and the now closed News
of the World.