PRESS DIGEST- Financial Times - February 24

Feb 24 (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

- UK and India relaunch trade talks in bid to boost investment opportunities

- UK pledges 200 million pounds for Grangemouth refinery

- BMW pauses 600 million pounds investment plan to produce electric Minis in Oxford

- Shein profits slump in fresh challenge to long-planned London IPO

Overview

- Britain and India will relaunch talks on a long-awaited trade deal, kick-starting negotiations that timed out due to elections in both countries last year.

- The UK government has pledged 200 million pounds ($253.26 million) for investment into projects at Grangemouth as workers face redundancy with the planned closure of Scotland’s only oil refinery in the coming months.

- BMW BMWG.DE has paused a 600 million pounds ($759.78 million) investment plan to produce electric Mini cars in Oxford, putting the future of the historic plant under threat as the industry grapples with a slower than expected move away from petrol vehicles.

-Shein's profits dropped by more than a third last year, adding to the fast fashion group's challenges ahead of a long-planned flotation that would be one of the biggest on the London stock exchange this decade.

($1 = 0.7897 pounds)