PRESS DIGEST- Financial Times - Sept 17

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

- Coca-Cola and rivals fail to meet plastic pledges https://on.ft.com/2Rvq9Ia - Richard Branson to raise $400m for Spac https://on.ft.com/32E5acB

- Sony goes into battle against Xbox with new PlayStations https://on.ft.com/3hDMGgL - Snowflake doubles in first trades after largest-ever software IPO https://on.ft.com/2H0hdbI

Overview - Coca-Cola Co and other drinks manufacturers have missed their own targets of recycling and use of recycled plastics with Coca-Cola Co being the worst offender, according to a campaign group—Changing Markets Foundation's report.

- Billionaire Richard Branson-backed blank-check company VG Acquisition Corp plans to raise up to $400 million through an initial public offering. - Sony Corp said on Wednesday it would launch PlayStation 5 console in November priced at $399 and $499 for a version with a disk drive.

- Shares of Snowflake Inc made their stock market debut on Wednesday and rose more than 160 percent above their IPO price. (Compiled by Bengaluru newsroom)