Press Digest: Financial Times - July 11

MSC

11/07/2014 24:34

July 11 (Reuters) - The following are the top stories in the 
Financial Times. Reuters has not verified these stories and does 
not vouch for their accuracy. 
     
    Headlines 
     
    Portugal's Espirito Santo woes dent shares 
    (http://on.ft.com/1nj0zS5) 
     
    Amazon sued over children's purchases 
    (http://on.ft.com/1lYdV13) 
     
    Bank of England considers impact on system of misconduct 
fines 
    (http://on.ft.com/1kb3Luj) 
     
    Maersk forms new alliance with MSC after Chinese setback 
    (http://on.ft.com/1zssFiR) 
     
    Sell-off expert says Royal Mail sale delivered poor value 
    (http://on.ft.com/TVPlHh) 
     
    Fraud lurks in shadows of changing digital advertising 
landscape 
    (http://on.ft.com/1kJxYR6) 
     
    Overview 
     
    Portugal's government ministers and central bank have come 
out saying that Banco Espirito Santo  BES.LS  (BES), the 
country's largest listed bank by assets, faces the threat of 
being affected by the problems plaguing its biggest shareholder, 
the Espirito Santo family group. 
     
     The U.S. government has sued e-commerce company Amazon.com 
 AMZN.O  over accusations that it allowed children to 
collectively make unauthorised purchases worth millions of 
dollars on the credit cards of their parents. 
     
    The Bank of England is reviewing how banks will deal with 
increasingly larger penalties relating to misconduct, amid 
concerns that accumulating fines are hampering lenders' efforts 
to increase capital. 
 
    The world's top two container shippers, Maersk Line 
 APMOLM.UL  and MSC Mediterranean Shipping Co, have struck a 
long-term deal to trim costs by sharing capacity, after a 
previous three-way pooling deal unravelled last month. 
     
    The sale of Royal Mail  RMG.L  achieved poorer value for 
taxpayers than the government sell-offs of the 1980s and 1990s, 
according to research published by the UK government's official 
historian David Parker. 
 
    Marketers have exposed themselves to risks such as fraud by 
automating, the method once cheered as a means for the 
advertising industry to reduce waste. 
 
 (Compiled by Esha Vaish; Editing by Lisa Shumaker) 
 ((esha.vaish@thomsonreuters.com)(within UK +44 20 7542 1810, 
outside UK +91 80 6749 1136)(Reuters Messaging: 
esha.vaish.thomsonreuters.com@reuters.net)) 
 
Keywords: BRITAIN PRESS/FT