PRESS DIGEST- Financial Times - June 25

Reuters
06-25
PRESS DIGEST- Financial Times - June 25

June 25 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- UK to purchase US jets capable of carrying nuclear weapons

- Tesla threatened with fine in France over 'deceptive' claims

- Spain blocks BBVA from merging with Sabadell for at least three years

- Italy's Monte dei Paschi sale sparks EU scrutiny after global investors sidelined

Overview

- The British government said it would purchase a dozen F-35A fighter jets capable of firing tactical nuclear weapons in what it described as the biggest expansion of its nuclear deterrent in a generation.

- French investigators ordered Tesla TSLA.O to stop what they called "deceptive business practices" or face thousands of euros in fines.

- Spain's BBVA BBVA.MC will not be allowed to integrate its operations with Sabadell SABE.MC for at least three years as one of the conditions imposed by the Spanish government on its hostile bid for its smaller rival in a potential blow to the suitor's expansion plans.

- The European Commission is examining the Italian government's sale of a 15% stake in Monte dei Paschi di Siena BMPS.MI last year, following claims that large investors were shut out of the bidding process.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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