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FLEX - Flex News Story

$16.48 -0.2  -1.3%

Last Trade - 27/07/21

Sector
Technology
Size
Large Cap
Market Cap £5.91bn
Enterprise Value £6.74bn
Revenue £17.46bn
Position in Universe 1083rd / 7000

PRESS DIGEST- Financial Times - June 7

Mon 7th June, 2021 1:06am
June 7 (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
    - Prospects for low-paid workers improve as UK economy
reopens https://on.ft.com/3ilRxXH
    
    - Chip shortage to last until at least mid-2022, warns
manufacturer https://on.ft.com/2Sh68sX
    
    - Volkswagen nears 10 mln euro settlement from former chief
Martin Winterkorn https://on.ft.com/3cpgBtf
    
    - Kremlin may restrict more food exports to shield it from
high prices https://on.ft.com/3g7hpDS
    
    Overview
    - According to a report by think-tank Resolution Foundation,
prospects for low-paid workers in the UK are improving as the
economy reopens, but a higher minimum wage will not be enough to
secure their living standards.
    
    - Singapore-based electronics contract manufacturer Flex
Ltd.  FLEX.O  has said the global chip shortage affecting the
car industry and threatening supply of consumer technology
products, will last for at least another year.
    
    - Volkswagen AG  VOWG_p.DE  will propose that its
shareholders accept a settlement of approximately 10 million
euros ($12.17 million) from former boss Martin Winterkorn, who
was in charge of the group in the lead-up to the diesel
emissions scandal in 2015.
    
    - Russia's Minister Of Economic Development, Maxim
Reshetnikov, has warned that the country is prepared to continue
its export limit on food products, after price rises caused it
to cap domestic cost of staple goods such as sugar and flour.

($1 = 0.8220 euros)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))
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