PRESS DIGEST- Financial Times - Dec 2

Follow us on Google News:
 PRESS DIGEST- Financial Times - Dec 2
Image source: ©2022 Kalkine Media®

Dec 2 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


- Brussels seeks deal on $60 global price cap for Russian oil

- Lloyds pension plan sold billions of assets during gilts crisis

- Next buys Joules out of administration for 34 million pounds


- Brussels is pushing European Union member states to agree on a $60 a barrel price cap on global purchases of Russian oil.

- Lloyds Banking Group's pension scheme had sold billions of pounds in assets to meet collateral calls during September's turmoil in UK markets, according to details submitted to the work and pensions select committee by the partner of the head of Lloyds' retirement scheme.

- British retailer Next PLC has bought clothing store chain Joules Group PLC out of administration for 34 million pounds ($41.59 million). ($1 = 0.8175 pounds) (Compiled by Bengaluru newsroom)


The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Featured Articles