PRESS DIGEST- Financial Times - June 2
- Country:
- Australia
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
Elliott closes on victory in Bank of East Asia control battle https://on.ft.com/2MkWhf4 Boris Johnson warned that Brexit haggling must not drag into autumn https://on.ft.com/2XR551r
Investor plans 15 bln stg support for UK companies toiling with crisis loans https://on.ft.com/2XoGvWO Overview
Elliott Management is nearing a win in a battle with Hong Kong's Bank of East Asia, as the city's last large family-owned lender begins talks on selling its banking operations. British Prime Minister Boris Johnson is planning to hold Brexit talks with European Commission President Ursula von der Leyen in June, with UK officials warning Johnson that an agreement was needed before autumn.
British Growth Fund has proposed a state-backed scheme to aid indebted companies emerging from the coronavirus outbreak as one of Britain's largest investors in smaller companies plans a 15 billion pounds ($18.76 billion) fund. ($1 = 0.7996 pounds)
(Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Russian missile attack in Ukraine's Dnipro injures 18, governor says
Ukraine expects power exports to resume on Wednesday, ministry says
Check out how Shehnaaz Gill celebrated her debut as playback singer in Raveena Tandon's 'Patna Shuklla'
Action taken against two UP constables for social media posts in favour of Mukhtar Ansari
Ukraine says it downed 4 drones in Russia's overnight attack