PRESS DIGEST- Financial Times - Nov. 6

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

- Novo Nordisk warns EU new rules will push it to expand faster in the US - Telecom Italia's KKR deal sparks threat of legal action by Vivendi

- Britain to unveil North Sea annual oil and gas licensing bill - Consulting firms, McKinsey and BCG freeze starting salaries in bid to shore up profit

- Elon Musk releases new AI chatbot 'Grok' in bid to take on ChatGPT Overview

- Novo Nordisk, Europe's most valuable drugmaker, will accelerate its US expansion at the expense of the EU unless Brussels changes a plan to reform regulation of the industry, the company's chief executive has said. - Telecom Italia is being threatened with legal action from Vivendi , its single largest shareholder, after accepting KKR's offer of up to 22 billion euros ($23.60 billion) for the telecoms group's fixed-line phone and internet network.

- The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a move Prime Minister Rishi Sunak says would create certainty for the industry during a transition to greener energy. -Consulting firms, McKinsey and BCG have frozen US starting salaries for new graduates at 2023 levels for undergraduate and MBA students taking up positions next year.

- Elon Musk's artificial intelligence start-up xAI has released its first AI model, as the tech billionaire looks to take on OpenAI, Google and Meta with a sassy chatbot that is tightly integrated with X, formerly Twitter. ($1 = 0.9322 euros) (Compiled by Bengaluru newsroom)