Press Digest: Financial Times - Jan 28

Bureau Veritas SA

28/01/2025 04:36

Jan 28 (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
    -Britain to give businesses greater access to pension scheme
surpluses
    -Serco workers plan to strike over British navy contract
negotiations
    -SGS and Veritas end talks to create 30 bln euros testing
specialist
    -Julius Baer chair to step down in latest shake-up
    -Tesla sues European Union over tariffs on electric vehicles
from China

    Overview
    -British Prime Minister Keir Starmer will promise on Tuesday
to unlock some of the 160 billion pounds ($198.93 billion) of
surplus held in corporate defined-benefit pension schemes, in a
bid to inject a surge of cash into the British economy and boost
growth.

    -Workers at military contractor Serco  SRP.L  are set to
strike over a deal being negotiated by the company and the
British Royal Navy, which they say could cut "essential" support
for Britain's nuclear deterrent.

    -Swiss group SGS  SGSN.S  and Bureau Veritas  BVI.PA  of
France have ended talks on a potential merger that would have
created a 30 billion euros specialist in testing and
certification services.

    -Julius Baer  BAER.S  has said that its chair Romeo Lacher
will step down, in the latest management shake-up at the Swiss
wealth manager following a crisis triggered by its exposure to
failed property group Signa.

    -Tesla  TSLA.O  is suing the European Union over tariffs the
bloc imposed on imports of electric vehicles from China, in the
latest confrontation between the carmaker's billionaire boss
Elon Musk and Brussels.


($1 = 0.8043 pounds)

 (Compiled by Bengaluru newsroom)
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