Top Stories in Financial Times: Key Highlights
The UK Serious Fraud Office charged Glencore's ex-head of oil, Alex Beard, with corruption. Europe's energy crisis is reportedly over, according to Shell's CEO. Paul Marshall is set to acquire Spectator magazine. Harland & Wolff secured a $25 million loan after UK's finance guarantee rejection.
The UK Serious Fraud Office has charged Alex Beard, the former head of oil at Glencore, along with four other executives, with making corrupt payments. This follows a comprehensive investigation into bribery allegations involving the UK-listed commodity trader in Africa.
Shell's CEO has indicated that Europe's energy crisis is now resolved as market prices and volatility have returned to levels seen before Russia's invasion of Ukraine in February 2022.
Hedge fund tycoon Paul Marshall is in advanced negotiations to purchase the conservative magazine Spectator, positioning him as the likely new owner.
Belfast shipbuilder Harland & Wolff has secured a crucial $25 million loan, providing temporary relief after the UK government denied their request for a £200 million finance guarantee earlier this year.
(With inputs from agencies.)

