U.S. markets close in 3 hours 17 minutes
  • S&P 500

    3,384.88
    -80.51 (-2.32%)
     
  • Dow 30

    27,509.24
    -826.33 (-2.92%)
     
  • Nasdaq

    11,320.59
    -227.69 (-1.97%)
     
  • Russell 2000

    1,602.12
    -38.39 (-2.34%)
     
  • Crude Oil

    38.53
    -1.32 (-3.31%)
     
  • Gold

    1,907.10
    +1.90 (+0.10%)
     
  • Silver

    24.50
    -0.17 (-0.71%)
     
  • EUR/USD

    1.1823
    -0.0045 (-0.38%)
     
  • 10-Yr Bond

    0.8030
    -0.0380 (-4.52%)
     
  • GBP/USD

    1.3016
    -0.0022 (-0.17%)
     
  • USD/JPY

    104.8770
    +0.1870 (+0.18%)
     
  • BTC-USD

    12,869.53
    -280.49 (-2.13%)
     
  • CMC Crypto 200

    256.76
    -6.65 (-2.53%)
     
  • FTSE 100

    5,793.68
    -66.60 (-1.14%)
     
  • Nikkei 225

    23,494.34
    -22.25 (-0.09%)
     

PRESS DIGEST- Financial Times - July 1

·1 min read

July 1 (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

- Indivior ex-chief pleads guilty to U.S. opioid marketing charge https://on.ft.com/2Ztqe2A

- Airbus slashes 15,000 jobs as sector reels from collapse in travel https://on.ft.com/2Vy0h0Q

- Adidas human resources chief resigns amid racism uproar https://on.ft.com/3dKFb5v

- Data group Dun & Bradstreet set for $1.7bn listing https://on.ft.com/3ik1mTt

Overview

- Former chief executive of UK based pharmaceuticals company Indivior, has pleaded guilty to a criminal charge in the United States in connection with the marketing of Suboxone, a powerful opioid.

- Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake after the coronavirus outbreak paralysed air travel.

- Adidas top human resources executive, Karen Parkin, has resigned effective immediately amid an escalating uproar at the world's second largest sportswear maker over its handling of racism, diversity and inclusion.

- Business analytics firm Dun & Bradstreet Holdings Inc on Tuesday raised $1.7 billion in its initial public offering (IPO) after it sold more stock than expected above its indicated price range.

(Compiled by Bengaluru newsroom)