Nov 14 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Cisco blames revenue fall on NSA leaks backlash
Exits deal blow to Barclays turnaround
Bank of England accelerates jobs forecast
Starbucks beats the taxman through Kraft charge
Rolls-Royce plans 3D printing for jet engine parts
Wave of M&A predicted for telecoms and technology sectors
Network equipment maker Cisco Systems Inc warned
that revenue would decline by as much as 10 percent in the
current quarter, blaming sliding demand due to a "level of
uncertainty or concern" among customers after recent revelations
about internet surveillance by the U.S. National Security
Two of Barclays' most senior bankers, including
Britain's former top financial industry regulator Hector Sants,
have resigned, dealing a blow to Chief Executive Antony Jenkins'
attempts to revive the lender and restore its reputation.
The Bank of England brought forward its unemployment
forecast on Wednesday and said it believes the UK economy is
recovering so quickly that it is likely to consider raising
interest rates from their historic lows as soon as this time
The latest income tax bill for Starbucks Corp has
been cut to zero after it was ordered on Tuesday to pay $2.7
billion to Kraft Foods for ending the companies'
packaged coffee partnership early, the coffee chain revealed in
its restated accounts on Wednesday.
Rolls-Royce, the world's second-largest maker of
aircraft engines, is preparing to use 3D printing technology to
make components, in a bid to speed up production and reduce the
weight of parts.
Research Group CCS Insight predicted unprecedented mergers
and acquisitions activity in the next two years in the
technology and telecommunication sectors with a handful of large
companies expected to expand their regional and global reach by