PRESS DIGEST-Financial Times - Dec 4

- UN secretary-general António Guterres has criticised emissions reduction plans launched by COP28 climate summit president Sultan al-Jaber, saying they fall short of what is required. - Indebted Chinese property developer Evergrande's international creditors are pressing for a last-minute agreement to avert a court order to liquidate the company.


Reuters | Updated: 04-12-2023 05:41 IST | Created: 04-12-2023 05:41 IST
PRESS DIGEST-Financial Times - Dec 4

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

- EU budget dispute threatens 50 bln euros war lifeline for Ukraine - US warship and commercial vessels attacked in Red Sea, says Pentagon

- UN secretary-general lambasts COP28 presidency's net zero charter - Evergrande creditors make last push to avert liquidation order

Overview - EU risks leaving Ukraine empty-handed at a perilous moment in its war against Russia as divisions over finances threaten a 50 billion euros ($54.44 billion) lifeline for Kyiv and Hungary vows to thwart its EU membership talks.

- A U.S. warship and three commercial vessels came under attack in the Red Sea on Sunday, according to the Pentagon, in a potential escalation of the fallout from Israel's conflict with Hamas in a vital trade corridor. - UN secretary-general António Guterres has criticised emissions reduction plans launched by COP28 climate summit president Sultan al-Jaber, saying they fall short of what is required.

- Indebted Chinese property developer Evergrande's international creditors are pressing for a last-minute agreement to avert a court order to liquidate the company. ($1 = 0.9184 euros) (Compiled by Bengaluru newsroom)

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

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