Press Digest: Financial Times - July 30

L'oreal SA

30/07/2026 03:31

July 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
     - L'Oréal chief plans to more than triple sales of Gucci beauty products
- EU warns it will investigate Fifa's $20 billion commercial venture
- CMA drops pursuit of private equity executives over price gouging
- Russia puts Telegram founder Pavel Durov on international wanted list

Overview
- L'Oréal OREP.PA is aiming to more than triple sales of Gucci-branded beauty products after it takes over the licence next year, as the beauty company shrugged off the impact of US tariffs to report record profit margins in the first half.
- The European Union has warned that it will investigate Fifa's plan to sell a stake in a new commercial entity to outside investors.
- Britain's antitrust regulator Competition and Markets Authority  will not pursue a ban against the former chief executive of private equity group Cinven from running companies over the firm's role in an NHS drug price-gouging scandal.
- Russia said it intends to put Telegram's chief executive Pavel Durov on its international wanted list, escalating the Kremlin's feud with the founder of the popular messaging app.
     
     

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