PRESS DIGEST-Financial Times - July 17

Headlines UK builds up COVID-19 medicines stockpile in case of second wave https://on.ft.com/2Oy9thG Thermo Fisher sweetens bid for Qiagen by 1 bln euros after investor criticism https://on.ft.com/3h8dSEg US-EU data sharing deal Privacy Shield struck down by European court https://on.ft.com/3eF85o2 Overview The British government is stocking up medicines worth almost 100 million pounds ($125.61 million) to boost supplies of vital drugs ahead of a potential second wave of coronavirus.

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 builds up COVID-19 medicines stockpile in case of second wave https://on.ft.com/2Oy9thG Thermo Fisher sweetens bid for Qiagen by 1 bln euros after investor criticism https://on.ft.com/3h8dSEg

US-EU data sharing deal Privacy Shield struck down by European court https://on.ft.com/3eF85o2 Overview

The British government is stocking up medicines worth almost 100 million pounds ($125.61 million) to boost supplies of vital drugs ahead of a potential second wave of coronavirus. U.S.-based Thermo Fisher Scientific has sweetened its offer to buy Germany's Qiagen NV by nearly 1 billion euros, following a surge in demand for its coronavirus-testing equipment.

European Union's top court has ruled that a transatlantic agreement used by thousands of companies to transfer data between the EU and United States does not protect the privacy of European citizens. ($1 = 0.7961 pounds) (Compiled by Bengaluru newsroom)