Press Digest: Financial Times - May 31
31/05/2024 04:11
May 31 (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
- ArcelorMittal seeks to safeguard its operations at UK
docks
- EU prepares tariffs on Russian goods exempt from sanctions
- Autonomy's Mike Lynch plays down knowledge of alleged
fraud ahead of HP sale
- Brookfield in talks to buy France's Neoen for 6.1 bln
euros
Overview
- ArcelorMittal MT.LU on Thursday called on the next
British government to block the Medway council in Kent from
giving its approval for the redevelopment of Chatham Docks in
south-east England, which the steel group uses to supply
materials to the construction industry.
- The European Union is considering imposing tariffs on up
to 42 billion euros ($45.41 billion) of Russian goods that have
been exempt by the sanctions regime imposed by the bloc in
response to Moscow's full-scale invasion of Ukraine.
- British tech founder Mike Lynch attempted to downplay U.S.
prosecutors' allegations about backdated contracts, inconsistent
revenue figures and relationships with analysts and press during
his testimony in one of the biggest fraud cases to ever hit
Silicon Valley.
- Canada's Brookfield BN.TO and Singapore investment fund
Temasek said on Thursday they were in exclusive talks to buy a
majority stake in French renewable power producer Neoen
NEOEN.PA , in a deal valuing the company at about 6.1 billion
euros ($6.59 billion).
($1 = 0.9250 euros)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))