Press Digest: Financial Times - May 15

Volkswagen AG

15/05/2026 03:05

May 15 (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

SEC settles Adani case as US authorities move to end actions against Asia's richest man

Anthropic agrees terms of $30 billion funding deal at $900 billion valuation

LVMH to sell Marc Jacobs to WHP

Xpeng in talks with VW about buying a factory in Europe

Overview

The U.S. Securities and Exchange Commission settled a civil lawsuit against Indian billionaire Gautam Adani, subject to court approval, court records showed.

Anthropic has agreed the terms of a $30 billion fundraising that will value it at $900 billion and is expected to close as soon as this month.

French luxury group LVMH LVMH.PA has agreed to sell the Marc Jacobs brand in a deal that will put the U.S. fashion label under the joint ownership of brand management firm WHP Global and apparel company G-III Apparel Group GIII.O.

Xpeng 9868.HK is in talks with Volkswagen VOWG.DE and other carmakers about buying a factory in Europe as it looks to expand international sales.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))