Aug 1 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
ILIAD MAKES SURPRISE BID FOR CONTROL OF T-MOBILE U.S.
RUSSIAN CRISIS ALREADY TAKING TOLL ON WESTERN BUSINESSES
TESLA PLANS MASSIVE CHINA EXPANSION
LINKEDIN JUMPS AS EARNINGS BEAT FORECAST
ALCATEL LUCENT TO FLOAT SUBSEA CABLES UNIT
French telecommunications company Iliad has made a
surprise offer for control of T-Mobile U.S. that values
the third-largest U.S. carrier at $29.5 billion.
Companies across the eurozone bloc warned that the crisis in
Russia and Ukraine is already impacting business, as the
European Union's toughest sanctions against Russia since the end
of the cold war sent ripples through the continent's boardrooms.
Tesla Motors Chief Executive Elon Musk unveiled
plans for a massive expansion in China, with as many as a third
of the U.S. electric carmaker's global network of service
centres located in the country by the end of 2015.
Corporate networking site LinkedIn beat analyst
expectations in its second quarter, sending its shares up as
much as 12 percent in after-hours trading in New York.
French telecoms-equipment maker Alcatel Lucent
intends to float part of its submarine-cables division as it
aims to complete 1 billion euros ($1.34 billion) of asset sales
by the end of next year.
($1 = 0.7469 euros)
(Compiled by Richa Naidu)