PRESS DIGEST-Financial Times - July 25

Reuters
Jul 25
PRESS DIGEST-Financial Times - July 25

July 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

- Liberty Global to slash jobs and sell private jet in restructuring

- GSK blood cancer drug reapproved by EU regulator

- UAE's Sidara considers lowering Wood Group bid after UK regulator's probe

- JD.com in talks to buy German electronics retailer Ceconomy for $2.58 billion

Overview

- Liberty Global LBTYA.O, set up by U.S. cable pioneer John Malone, has offered voluntary redundancy to over a third of its employees across London, Denver and Amsterdam.

- The European Union has approved GSK's GSK.L drug Blenrep to treat relapsed or treatment-resistant forms of a cancer affecting blood plasma cells.

- Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group WG.L, as Britain's financial regulator has launched a probe into the oilfield services provider.

- Chinese ecommerce giant JD.com 9618.HK is in "advanced negotiations" to buy Ceconomy CECG.DE in a deal that would value the German electronics retailer's equity at about 2.2 billion euros ($2.58 billion).

($1 = 0.8517 euros)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10