Press Digest: Financial Times - Aug. 23

Activision Blizzard

23/08/2023 01:11

Aug 23 (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
    
    Microsoft significantly reworks $75 billion Activision deal
to win UK backing

    Network Rail faces court case over fatal Scotland train
crash

    UK to proscribe Wagner group within weeks, say government
insiders

    UK authorities charge former Nigeria oil minister with
bribery
    
    Overview
    
    Microsoft  MSFT.O  has dramatically changed the terms of its
$75 billion acquisition of Activision Blizzard  ATVI.O  after
the UK regulator issued a worldwide ban on the original deal
over concerns it would stifle innovation in the nascent cloud
gaming market.

    Network Rail, the owner and operator of Britain's rail
infrastructure, is facing prosecution over a train crash in
north-east Scotland three years ago that killed three people.

    The UK will proscribe the Wagner group as a terrorist
organisation "within weeks" as part of a fresh crackdown on the
Russian mercenary network, according to British government
insiders.
 
    UK authorities have charged Nigeria's former petroleum
minister with bribery following a long-running investigation in
a case that could shed light on how lucrative contracts in
Africa's largest oil producer were awarded.


 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))