Press Digest: Financial Times - May 14
14/05/2025 04:08
May 14 (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 - Thames Water executives to receive bonuses from 3 billion pounds emergency loan - Macquarie asked Ares to take full writedown on Britain's Southern Water debt - Adidas chair in re-election fight as investors plot revolt - China attacks UK trade deal with US Overview - Thames Water's senior executives will receive "retention incentives" as part of a 3 billion pounds ($3.99 billion)emergency loan agreed by the utility that is seeking to stave off nationalisation. - Macquarie MQG.AX controlled Southern Water asked Ares Management ARES.N and other lenders to write off about 370 million pounds ($492.25 million) of debt, in an effort to allow new equity to flow directly into the utility's heavily-indebted operating company. - Adidas ADSGn.DE chair Thomas Rabe faces an investor rebellion against his re-election, with four of Germany's leading asset managers set to vote against him amid concerns over his multiple mandates and a failure to implement a promised succession plan. - China has criticised a trade deal between the United Kingdom and the United States that could be used to squeeze Chinese products out of British supply chains. ($1 = 0.7517 pounds) (Compiled by Bengaluru newsroom) ((globalnewsmonitoring@thomsonreuters.com))