Press Digest: Financial Times - November 13
PRESS DIGEST-Financial Times - November 13 Nov 13 (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
- Nvidia chief Jensen Huang toppled by revelations of extramarital affairs
- Burnham targets deal with EU that will deliver 'real benefits' for UK
- Mercedes-Benz to halt 'all future investments' in Germany
- Metro Bank puts itself up for sale
Overview
- Nvidia NVDA.O CEO Jensen Huang stepped down after revelations of extramarital affairs, including one involving a suspected Chinese spy, plunged the chipmaker into crisis and sent shockwaves across an AI industry he helped bankroll.
- British Prime Minister Andy Burnham said Britain should consider options for its future relationship with the European Union, including rejoining the bloc, doubling down on his message that Brexit had "done more harm than good".
- Premium automaker Mercedes-Benz MBGn.DE is halting all investments in its German plants and exploring site closures to tackle the high cost of car manufacturing in the country.
- Britain's mid-tier lender Metro Bank MTRO.L put itself up for sale as part of a strategic review, opening the door to a potential takeover after a years-long drive to change its fortunes.
(Compiled by Bengaluru newsroom)