PRESS DIGEST- Financial Times - Feb 10

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 10 (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 - Jon Thompson to become new chair of HS2 - UK regulator launches probe into telecoms price rises - Trafigura faces hit of up to $577 million over alleged nickel fraud - British American Tobacco chief warns Russia exit could drag into 2024 Overview - Jon Thompson is set to step down as chief executive of Britain's audit watchdog to become the new chair of the country's HS2 high-speed rail link project. - Britain's media regulator Ofcom has launched a probe into whether telecoms companies are treating customers fairly as groups prepare to raise their rates by 14% against a backdrop of rising living costs. - Global commodity trader Trafigura said it has been the victim of a "systematic fraud" and faces a charge of $577 million after discovering some shipments of nickel that it purchased did not contain the metal. - British American Tobacco's chief executive said efforts to complete the sale of its Russian business to a local partner could spill into 2024 as it looks to exit the country. (Compiled by Bengaluru newsroom)

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