Press Digest: Financial Times - May 14

Volkswagen AG

14/05/2026 03:37

May 14 (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

- UK regulator pushes private credit groups to share more data

- Boots to appoint outgoing Currys boss Baldock as CEO

- Italy's Ludoil agrees to buy Beny Steinmetz-linked Sicilian oil refinery

- Xpeng in talks with VW about buying a factory in Europe

Overview

-  Britain's Financial Conduct Authority has been discussing plans to overhaul its reporting requirements with some of the world's biggest credit groups

- British pharmacy chain Boots has chosen outgoing Currys CURY.L chief executive Alex Baldock to lead the business as it prepares for a potential London stock market listing.

- Ludoil has agreed to buy Sicilian oil refiner ISAB from Cypriot private equity fund G.O.I. Energy, the Italian group said on Wednesday, as the Iran war has exposed Europe's dependency on the Gulf for supplies of jet fuel and other refined products.

- Chinese electric vehicle startup Xpeng 9868.HK is in talks with Volkswagen VOWG.DE and other automakers about buying a factory in Europe.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))