Press Digest: Financial Times - Aug 19
PRESS DIGEST-Financial Times - Aug 19 Aug 19 (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
China eases limits on Nvidia H200 chips as AI race escalates
Klarna overhauls leadership as it targets US banking licence
Diageo sheds 2,000 staff as CEO Dave Lewis kicks off restructuring
Mark Walter sought loan from Apollo backed by Lakers stake
Overview
Small batches of Nvidia's NVDA.O H200 chips, one of the company's most powerful AI chips, have been allowed to enter mainland China.
Klarna KLAR.N said its current chief financial officer, Niclas Neglén, and chief marketing officer, David Sandström, would step down from their roles at the start of next year.
Diageo's DGE.L total headcount fell more than 6% year-on-year by the end of June, its annual report showed, as the world's top spirits maker embarks on a restructuring under new CEO Dave Lewis.
Billionaire Mark Walter held discussions with private investment giant Apollo Global Management APO.N about a multibillion-dollar loan against his stake in the Los Angeles Lakers.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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