Press Digest: Financial Times - February 12

Heineken NV

12/02/2026 02:30

Feb 12 (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

Elliott Management builds stake in London Stock Exchange Group

UK space start-up Orbex collapses as takeover talks break down

Total may be forced to halt all Russian LNG exports, says CEO

Heineken to cut 6,000 jobs as beer demand declines

Overview

Activist hedge fund Elliott Management has built a significant stake in the London Stock Exchange Group LSEG.L, as the UK company contends with fears over disruption from AI and a lacklustre listings market.

Scottish rocket maker Orbex has collapsed after takeover talks with European space start-up The Exploration Company ended in failure.

TotalEnergies TTEF.PA chief executive Patrick Pouyanné conceded that the forthcoming EU ban on Russian imports of liquefied natural gas may force it to stop exporting gas altogether from its vast plant in Siberia.

Heineken HEIN.AS will cut up to 6,000 jobs in both brewing and white-collar roles over the next two years, amounting to about 7 per cent of its global headcount, as the Dutch brewer struggles with declining demand for beer.

(Compiled by Bengaluru newsroom)

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