PRESS DIGEST-Financial Times - Oct 17
Oct 17 (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
- Rolls-Royce poised to cut 2,500 white-collar jobs
- Binance stops accepting new UK customers after regulatory crackdown
- Lloyds pushes on with Telegraph auction despite new Barclay offer
- IT services group Atos appoints Jean Pierre Mustier as chair
Overview
- Rolls-Royce Holdings is preparing to cut about 2,500 jobs as part of a major overhaul of the aerospace and defence company by its new chief executive aimed at streamlining operations and cutting costs.
- Cryptocurrency exchange Binance has stopped accepting new customers in Britain after regulators clamped down on digital assets companies advertising to British consumers.
- Lloyds Banking Group is set to go ahead with the auction of the Telegraph newspaper and Spectator magazine as early as this week, despite a fresh bid by the Barclay family with an increased offer of 1 billion pounds.
- Former UniCredit Chief Executive Jean Pierre Mustier has been appointed chairman of French IT services group Atos following the departure of Bertrand Meunier.
(Compiled by Bengaluru newsroom)
