PRESS DIGEST- Financial Times - Feb 23

Insurers have called on the UK government to water down Solvency II, the European Union's insurance capital regime, in what would be the first major departure for the financial sector from Brussels' rule book since Brexit. Spotify Technology SA will tread "very carefully" regarding raising prices in the U.S., its chief executive officer, Daniel Ek, said on Monday, even as the audio streaming pioneer cheered Wall Street with other measures to wring more money from users.

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

Johnson insists 'end in sight' with summer target to end Covid curbs https://on.ft.com/2MgiUF9 Insurers urge UK to reduce capital buffer in break from EU rules https://on.ft.com/3qLSjyK

Spotify rules out imminent price rise in US market https://on.ft.com/2MedU3F Overview

UK Prime Minister Boris Johnson set out a four-step road map on Monday to end all COVID-19 restrictions by mid-June, as chancellor Rishi Sunak prepared to extend emergency economic life-support measures until the summer. Insurers have called on the UK government to water down Solvency II, the European Union's insurance capital regime, in what would be the first major departure for the financial sector from Brussels' rule book since Brexit.

Spotify Technology SA will tread "very carefully" regarding raising prices in the U.S., its chief executive officer, Daniel Ek, said on Monday, even as the audio streaming pioneer cheered Wall Street with other measures to wring more money from users. (Compiled by Bengaluru newsroom)