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PRESS DIGEST - Financial Times - March 11

March 11 (Reuters) - Headlines Bank commission demands tougher rules Banks rush to redraft pay deals Buyout firms' cash payouts hit record Unease grows in Madrid over Iberia deal Pharma group sues European regulator over data OMV chief calls for EU stance on fracking Cove directors reunite for new oil project Cukurova fined for contempt in US Overview

Libya helps oil giant OMV to 'record' results: firm

Austrian oil and gas giant OMV reported on Thursday "record" 2012 results, with net profit soaring 26 percent as production in Libya recovered after the 2011 uprising that toppled Moamer Khadafi. "In 2012, we managed to deliver a record financial performance while successfully progressing our strategy," chief executive Gerhard Roiss said in a statement. "We have set ourselves ambitious targets but I am convinced that we are fit for the future and we will continue to deliver on our commitment to profitable growth."
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