Press Digest: Financial Times - Aug 22
22/08/2023 24:43
Aug 22 (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
SoftBank's Arm unveils plans for biggest US IPO in nearly
two years
British serial killer Lucy Letby to spend life in prison
after murdering 7 babies
Xi Jinping to pay state visit to South Africa ahead of BRICS
gathering
Rishi Sunak's policies will add to UK asylum backlog,
think-tank warns
Overview
SoftBank-owned 9984.T chip designer Arm has started the
final countdown to the biggest US initial public offering in
almost two years, unveiling a preliminary prospectus for a
Nasdaq listing that is set to take place early next month.
Nurse Lucy Letby, Britain's most prolific serial child
killer in modern times, will spend the rest of her life behind
bars, a judge ordered on Monday following her conviction for
murdering seven newborn babies and trying to kill another six.
China President Xi Jinping was set to arrive in South Africa
to lead a Chinese push to expand the BRICS emerging-market bloc,
ahead of a gathering in Johannesburg of the leaders of dozens of
developing nations.
Tens of thousands of people crossing into the UK via the
Channel will be cast into "limbo" in need of government support,
as a result of the newly passed Illegal Migration Act, according
to the Institute for Public Policy Research, a think-tank.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))