FINANCIAL TIMES PRESS DIGEST – MAY 13

0
1

Story Highlights

  • The top stories in the Financial Times are listed below. These articles have not been verified by Reuters, and we cannot guarantee their authenticity. Headlines Pink Floyd’s back catalogue is being fought over by Warner Music and BMG. To address a national shortfall, the United States will increase baby formula imports. FTX’s CEO invests in online brokerage Robinhood Overview According to persons familiar with the situation, Warner Music and KKR-backed BMG are trying to buy Pink Floyd’s complete back catalog. The United States has announced that it will increase baby formula imports in the coming weeks to address nationwide shortages. The creator of cryptocurrency exchange FTX, Sam Bankman-Fried, has acquired a 7.6% interest in online retail stockbroker Robinhood. (Bengaluru newsroom compiled)