PRESS DIGEST-Financial Times - Aug 7

- US government scientists have achieved net energy gain in a fusion reaction for the second time, a result that is set to fuel optimism that progress is being made towards the dream of limitless, zero-carbon power. - Rishi Sunak is facing calls to rethink a planned increase in visa fees for migrant workers, with business groups arguing that raising the levies will harm the UK's competitiveness and hamper efforts to plug labour shortages.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- City of London calls on BoE to delay bank capital rules until mid-2025 - US scientists repeat fusion power breakthrough

- UK businesses urge Rishi Sunak to reverse rise in visa fee for skilled workers Overview

- The Bank of England is coming under pressure from the finance industry to delay the UK's adoption of new global banking capital rules by six months to avoid a period of regulatory divergence that would affect the City's ability to compete with Wall Street. - US government scientists have achieved net energy gain in a fusion reaction for the second time, a result that is set to fuel optimism that progress is being made towards the dream of limitless, zero-carbon power.

- Rishi Sunak is facing calls to rethink a planned increase in visa fees for migrant workers, with business groups arguing that raising the levies will harm the UK's competitiveness and hamper efforts to plug labour shortages. (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)