Press Digest: Financial Times - May 27
PRESS DIGEST-Financial Times - May 27 May 27 (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
- UK imposes sanctions on crypto exchange tied to billionaire Justin Sun
- Brussels set to open in-depth probe into JD.com's takeover of Ceconomy
- BP removes chair Albert Manifold after claims of bullying
- Jeff Bezos's Blue Origin secures $468mn in Nasa Moon Base contracts
Overview
- The UK has imposedsanctions on Huobi, a crypto business tied to billionaire Justin Sun, among several entities it said were supporting Russia's financial sector in violation of measures put in place after the full-scale invasion of Ukraine.
- Brussels is set to launchan in-depth foreign subsidies investigation into Chinese ecommerce group JD.com's 9618.HK bid for German electronics retailer Ceconomy CECG.DE.
- BP BP.L has removedChairman Albert Manifold with immediate effect citing governance standards, oversight and conduct issues.
- NASA awardedcontracts to space firms including Jeff Bezos' Blue Origin and Astrolab to send robotic landers, rovers and drones to support the upcoming lunar exploration mission.
(Compiled by Bengaluru newsroom)