Press Digest: Financial Times - Aug 2

Harland & Wolff group

02/08/2024 03:13

Aug 2 (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 charges Glencore's billionaire ex-head of oil over
corrupt payments
    
    - Europe's energy crisis is over, signals Shell boss
    
    - Paul Marshall in advanced talks for Spectator magazine
    
    - Titanic maker Harland & Wolff secures lifeline loan
    
    Overview
    - The UK Serious Fraud Office has charged Glencore's
 GLEN.L  billionaire ex-head of oil Alex Beard and four other
former executives with conspiring to make corrupt payments after
a long-running investigation into allegations of bribery by the
UK-listed commodity trader in Africa.
    
    - The energy crisis in Europe is finally over, the chief
executive of Shell  SHEL.L  signaled, as market prices and
volatility return to levels before Russia's full-scale invasion
of Ukraine in February 2022. 
    
    - Hedge fund tycoon Paul Marshall is in advanced talks to
acquire the Spectator magazine, putting him in the lead position
to take over the conservative weekly title.
    
    - Harland & Wolff  HARL.L  has secured a new $25 million
loan facility, handing the struggling Belfast shipbuilder a
temporary lifeline after the UK government rejected its request
for a 200 million pounds ($254.38 million) finance guarantee in
July. 
    

($1 = 0.7862 pounds)

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