PRESS DIGEST- Financial Times - Aug 23

Aug 23 (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

- Britain softens Brexit stance on EU court http://on.ft.com/2g3mq50

- UK public finances enjoy July surplus for first time in 15 years http://on.ft.com/2g2uQtE

- Donald Trump sanctions Russian and Chinese companies over North Korea http://on.ft.com/2iplSam

- EU launches in-depth probe into Bayer-Monsanto deal http://on.ft.com/2inBRpD

Overview

Britain will outline its plans on Wednesday to escape the "direct jurisdiction" of the European Court of Justice after Brexit.

Britain posted a budget surplus in July for the first time in 15 years, according to data from the Office for National Statistics on Tuesday.

The United States imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs.

The European Commission has started an in-depth investigation of Bayer AG's planned $66 billion takeover of U.S. seeds group Monsanto Co, saying it was worried about competition in various pesticide and seeds markets. (Compiled by Bengaluru newsroom; Editing by Sandra Maler)

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