Reuters: Regulatory News: PRESS DIGEST - Financial Times - Feb 28

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PRESS DIGEST - Financial Times - Feb 28 Feb 28th 2013, 00:50 Wed Feb 27, 2013 7:50pm EST Feb 28 (Reuters) - Headlines Apple shareholders in protest vote on pay Shell puts Arctic ambitions on ice Capital road eased for new banks Centrica raises power cut fears Tesco vows to buy more local produce NSN completes strategic sell-off Barclays recoups 300 million pounds in bonuses BP misrepresented vital data, trial told EU blocks Ryanair-Aer Lingus merger Overview At least a third of Apple Inc's investors voted not to back the company's executive compensation at its annual shareholders' meeting. Royal Dutch Shell scrapped plans to drill for oil off the north coast of Alaska this year. New banks in the UK will not be required to hold as much capital to begin operations as their established peers. Centrica said it would not build gas plants in Britain for at least four years. Tesco has vowed to source more produce from within Britain in the wake of the horsemeat scandal. Nokia Siemens Networks has completed its process to sell-off its non-core businesses. Barclays has clawed back 300 million pounds in promised bonuses from its bankers. BP misrepresented crucial information to regulators and continued its drilling activities in "dangerous" conditions at the Macondo well in the Gulf of Mexico, an expert witness told the trial in New Orleans centred on the 2010 Gulf of Mexico oil spill and its aftermath. EU competition regulators on Thursday blocked the latest attempt by Ryanair to buy Aer Lingus. Link this Share this Digg this Email Reprints

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