PRESS DIGEST – Financial Times – June 17

Here are the top stories from the Financial Times. Reuters has not verified these stories and does not guarantee their accuracy. Securities

– UK gets extra winter gas from Norway via Centrica-Equinor deal – West End owners Shaftesbury and Capco agree to £5bn merger pounds sterling

– Embattled Credit Suisse to pay near 10% rate on bonds – Asos warns of profits as customers return more purchases https://on

Preview – Britain’s Centrica has signed a deal with Norway’s Equinor for additional gas supplies, it announced on Thursday, helping to bolster supply for the winter months.

– Shaftesbury and Capital & Counties Properties, agreed to merge on Thursday to create a £5 billion ($6.18 billion) estate with sites in tourist hotspots such as Covent Garden, Carnaby Street and Soho struggling to stand recover from the pandemic. – Swiss lender Credit Suisse will pay interest rates of 9.75% for its new bonds as investors demand hefty compensation from the scandal-plagued bank.

– British online fashion retailer Asos warned on Thursday that it would miss its profit forecast after seeing a significant rise in product returns as inflationary pressure hit its customers. ($1 = 0.8097 pounds) (Compiled by Bengaluru Newsroom)

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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