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Latest news and headlines from : The Financial Times - URL : www.newsoneplace.com/?source=6
● O2 in deal with revolutionary LiFi company  Technology uses light as data transmitter and ‘paves way’ for 5G in the UK
● Focus on higher value contracts boosts Balfour Beatty  UK’s largest construction company reports 69% profit rise
● Daily briefing: US-Turkey feud heats up, Twitter dotted line, China spying claim  Ankara raises tariffs on American cars, alcohol and cigarettes
● FT chief executive to return pay after staff criticism  John Ridding’s move follows sharp jump in 2017 remuneration package to more than £2.5m
● Naspers shares slide after Tencent earnings disappoint  South African media group owns a third of Chinese gaming giant
● Investors should not rely on the share buyback surge lasting  Such moves might suggest a company cannot think of anything better to do with the money
● Conventional measures pose the wrong productivity question  Some economists — and the tech community — believe output is being mis-measured
● Stocks to watch: Admiral, GSK, Hikma, Bayer, Valeo, Esure  Buy Wetherspoon and Mitchells & Butlers for a pub sector recovery, says HSBC
● The post-crisis generation game  The clandestine links between housing, pensions and an ageing population.
● Commuters to face 3.2% rail fare rises in 2019  Unions describe increase as ‘nothing short of a scandal’
● Tencent shares slides again ahead of second-quarter earnings  Chinese internet group has seen $170bn wiped off market value since start of year
● Lira rallies after Turkey introduces measures to curb short selling  Ankara raises tariffs on US cars, alcohol and cigarettes as row escalates
● GSK sees positive signs from slimmed-down HIV treatment  Monthly injections part of GSK’s plans to expand in treatment of chronic disease
● Wesfarmers profit halves in wake of Homebase retreat  Shares touch record high on strong performance by core Australia and NZ businesses
● Turkish lira steadies but worries over further tumult persist  Analysts say Turkey needs to take several measures to stave off another jolt
● Further reading  The digital public square; studying 2008; productivity; voting against renewables; and more.
● Economists warn on market grip of US corporate megastars  The rising dominance of a small group of large companies comes under scrutiny
● Yes, Turkish steel is a thing  It's just not the thing the White House has made it into
● Rivals train sights on vaping start-up Juul Labs  Ecigarette company’s dominance also at risk from tighter regulation
● Turkish central bank raises rates via the backdoor  Method intended to skirt Erdogan’s objections unlikely to convince investors for long
● Ill-timed Kremlin intervention adds to Russian investor pain  Proposed new levies come at a time when companies’ shares are falling due to US sanctions
● Tesla: getting to Q3 profitability  Featuring many, many, many tortured assumptions.
● Asia stocks lower as focus remains on Turkey contagion  Indonesia’s rupiah drops to near 3-year low
● Wasserstein heirs put New York magazine up for sale  Investment bank LionTree hired to seek buyers for iconic title
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