PRESS DIGEST- Financial Times - Aug 19
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Made.com considers raising fresh equity after tough year https://on.ft.com/3PBkkV4 - Germany to slash VAT on gas sales to cushion price shock https://on.ft.com/3QXfcvU
- Emirates suspends Nigeria flights over failure to repatriate funds https://on.ft.com/3QQ2fEx Overview
- Made.com is looking to cut costs and refine its strategy ahead of a fundraising this year that is expected to raise about £50 million ($59.65 million) - Germany has unveiled plans to cut tax on natural gas sales to soften the blow of soaring energy costs for many households by offsetting the impact of a new gas levy that starts in October.
- Emirates Airlines plans to suspend all flights to and from Nigeria because of an inability to repatriate funds out of the country, the carrier said on Thursday. ($1 = 0.8382 pounds) (Compiled by Bengaluru newsroom)
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