Feb 14 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
BUOYANT ENI PREDICTS 55 PCT CASH FLOW RISE TO 17 BLN EUR BY
BNP PARIBAS HIT BY $1.1 BLN PROVISION
AIG TO CUT 1,500 JOBS AS ITS PROFITS BEAT EXPECTATIONS
PEPSI SHARES SLIP AFTER SPLIT REBUFF
EASYJET SHAREHOLDERS BACK CHIEF EXECUTIVE'S MASSIVE PAY RISE
Eni, Italy's biggest listed company, expects its
operating cash flow to rise 55 percent by 2016-7, saying some of
the huge oil and gas discoveries it has made in recent years
were brought into production.
France's biggest listed bank BNP Paribas said it
had set aside $1.1 billion to cover the cost of possible
breaches of U.S. economic sanctions on countries including Iran.
U.S. insurer American International Group said it
would cut about 3 percent of its global workforce even as it
announced better-than-expected earnings.
Shares in PepsiCo dipped after it said it had
decided not to spin off its Northern-American drinks business
despite a declining U.S. soda market and activist investor
British budget airline EasyJet's investors
overwhelmingly voted for a record pay package for its chief
executive on Thursday, under new rules giving shareholders a
binding vote on pay policy.
(Compiled by Richa Naidu in Bangalore)