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PRESS DIGEST- Financial Times - May 24

May 24 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- UK raises terror threat after Manchester suicide bombing on.ft.com/2qi3crM

- Glencore makes ‘informal’ takeover approach to rival Bunge on.ft.com/2qhT16R

- U.S. files suit against Fiat Chrysler alleging emissions violations on.ft.com/2qhGz6U

- Uber pays millions in back-payments to New York drivers on.ft.com/2qhA0Bs

Overview

- Theresa May raised the UK’s ­terror threat level from “severe” to ­“critical”, after police identified the suicide bomber who killed 22 people, including children, in Monday night’s Manchester attack as Salman Abedi.

- Glencore’s agriculture arm has approached its rival Bunge about a possible takeover. The company said its agriculture unit “has made an informal approach to Bunge Limited regarding a possible consensual business combination”.

- The U.S. government filed a lawsuit against Fiat Chrysler accusing it of using software to violate emissions controls. The lawsuit alleged that the carmaker failed to disclose “defeat devices”, or auxiliary emissions controls, in 2014-16 Fiat Chrysler diesel vehicles.

- Uber is paying tens of millions of dollars in back-payments to drivers in New York. It had been overcharging them for over 2-1/2 years and each driver will now get $900 on average back.

(Compiled by Bengaluru newsroom; Editing by Peter Cooney)

我们的标准: 汤森路透“信任原则

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