PRESS DIGEST-Financial Times - May 22
Headlines - Estée Lauder and Puig end merger talks to create beauty powerhouse - Transport for London voices concern over robotaxis as ministers invite bids - WM Morrisons blames UK government policy for shutting 100 lossmaking stores - Ending tax loophole for oil groups will fund cost of living package, says Reeves Overview - U.S. cosmetics maker Estée Lauder and Spanish perfumery Puig ended merger talks. - London’s transport authority has raised concerns about congestion and job losses from the rollout of robotaxis in the UK capital, as ministers open applications for operators of the self-driving vehicles for the first time.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Estée Lauder and Puig end merger talks to create beauty powerhouse - Transport for London voices concern over robotaxis as ministers invite bids
- WM Morrisons blames UK government policy for shutting 100 lossmaking stores - Ending tax loophole for oil groups will fund cost of living package, says Reeves
Overview - U.S. cosmetics maker Estée Lauder and Spanish perfumery Puig ended merger talks.
- London's transport authority has raised concerns about congestion and job losses from the rollout of robotaxis in the UK capital, as ministers open applications for operators of the self-driving vehicles for the first time. - WM Morrison is to shut 100 lossmaking convenience stores in a move that puts hundreds of jobs at risk, as the supermarket blames UK government policy for adding significant cost increases.
- British finance minister Rachel Reeves said she would stop multinationals, including oil and gas firms, from reducing their tax liability by using corporate structures that involve foreign branches. (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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