Press Digest: Financial Times - April 30
30/04/2024 03:19
April 30 (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
- Ocado shareholders revolt over CEO's bonus share award of 14.8
mln STG
- Humza Yousaf quits as Scotland's first minister
- G7 countries agree to end use of coal power by 2035, says UK
minister
- L'Occitane owner offers to take skincare group private at 6.5
bln euro valuation
Overview
- Some 19% of votes cast at Ocado's OCDO.L annual shareholder
meeting on Monday opposed the online grocer and technology
group's proposed new pay policy that could see boss Tim Steiner
pick up a bonus share award of up to 15 million pounds ($18.83
million).
- Humza Yousaf has said he will resign as Scotland's first
minister, forcing his Scottish National party into a leadership
contest ahead of the UK general election expected this year.
- Energy ministers from the Group of Seven (G7) major
democracies reached a deal to shut down their coal-fired power
plants in the first half of the 2030s, in a significant step
towards the transition away from fossil fuels.
- Hong Kong-listed L'Occitane International's 0973.HK chairman
and controlling shareholder will take the French skin-care firm
private, valuing it at a maximum of HK$13.91 billion ($1.78
billion).
($1 = 0.7967 pounds)
($1 = 7.8262 Hong Kong dollars)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))