PRESS DIGEST – Financial Times – May 23

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

– HSBC suspends banker for comments on climate change – ABB and Siemens support Norwegian battery start-up

– Eni plans €2.5bn investment in UK as calls for energy windfall tax rise

– HSBC Holdings Plc has suspended its head of responsible investment pending an internal investigation after saying central bank policymakers and other global authorities were exaggerating the financial risks of climate change, the Financial reported. Times, citing people familiar with the process. – ABB Ltd and Siemens AG are leading a €100 million ($105.68 million) fundraising round by Norwegian start-up Morrow Batteries.

– Italian oil company Eni SpA will invest 2.5 billion euros over the next four years as the government has told oil and gas companies to drastically increase their investments in the country or face an exceptional tax on their profits up. ($1 = 0.9463 euros) (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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