Press Digest: Financial Times - June 11

Hugo Boss AG

11/06/2026 04:51

June 11 (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

Mike Ashley's Frasers offers to buy Hugo Boss in €2.7 billion deal
Octopus Energy tells UK regulator it has reached capital buffer target
Social media platforms warned over role in fuelling Belfast riots
German start-up Neura raises $1.4 billion in humanoid robot push


Overview

Frasers Group FRAS.L, the retailer controlled by British billionaire Mike Ashley, launched a €2.7 billion ($3.12 billion) takeover offer for struggling German fashion brand Hugo Boss BOSSn.DE.

Octopus Energy, the UK's largest household energy supplier, has told Britain’s energy regulator that it has now reached its target for capital buffers following a long-running controversy over its failure to do so. 

The British media watchdog has warned social media sites such as X to take action to stop their platforms being used to stir up hatred and incite violence as Belfast braced for a further night of riots on Wednesday.

Germany's Neura Robotics has raised $1.4 billion, making it one of Europe's best-funded and highly valued AI start-ups as investors pile into humanoid robotics.    

     
     


($1 = 0.8662 euros)

 (Compiled by Bengaluru newsroom)
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