PRESS DIGEST- Financial Times - Nov 6


Nov 6 (Reuters) - The following are the top stories in theFinancial Times. Reuters has not verified these stories and doesnot vouch for their accuracy.


Tesla share surge runs out of power


Acer chairman and CEO steps down


21st Century Fox profits hit by sports channel launch


Africa money transfer service wins injunction againstBarclays


Oil majors under pressure to curb spending


Encana cuts jobs, dividend and investment


Deutsche Bank chief named in legal probe



Electric car maker Tesla Motors Inc reportedthird-quarter deliveries of its Model S below analysts'expectations, pushing shares down more than 12 percent inafter-the-bell trade on Tuesday.

JT Wang, chairman and chief executive of Taiwan's Acer, said he would step down as a continuing decline inglobal demand for PCs pushed the computer maker into furtherlosses.

Rupert Murdoch's 21st Century Fox Inc reportedquarterly earnings below analysts' estimates on Tuesday, hurt byinvestments in new sports channel and a weaker performance fromits movie studio.

Dahabshiil, Africa's biggest money transfer company, has wonan injunction to stop Barclays Plc closing its accountuntil the conclusion of a full trial, expected next year.

Big global oil companies are under pressure from investorsto curb their vast capital spending programmes and return morecash to shareholders.

Encana Corp, Canada's largest natural gas producer,said on Tuesday it would cut capital spending, workforce anddividends as it looks to shift to oil production to bolster itsfinances.

Deutsche Bank's co-CEO Jürgen Fitschen was namedon Monday as a suspect in a investigation into falsifyingevidence, as a decade-long civil suit brought by the mediaempire Kirch Group continues to cast a shadow over the lender.

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