PRESS DIGEST- Financial Times - July 30
July 30 (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 to recognise Palestinian state unless Israel ends Gaza crisis
- Iconiq set to lead $5bn funding round for AI start-up Anthropic
- French seek US tariff exemption for champagne and other drinks
- Renault set to name procurement head François Provost as chief
Overview
- Britain said on Tuesday it would recognise a Palestinian state in September unless Israel takes steps to relieve suffering in Gaza, where starvation is spreading, and reaches a ceasefire in the nearly two-year war with Hamas.
- Iconiq Capital is set to lead a $5 billion funding round for artificial intelligence start-up Anthropic that would value the company at $170 billion, almost triple the valuation it achieved four months ago.
- France is pushing for champagne and other wines and spirits to be exempt from U.S. tariffs as European officials seek to extract more carve-outs in a trade deal with Washington expected to enter into force on Friday.
- Renault RENA.PA is set to name its procurement head François Provost as its next chief executive, choosing a close ally of former boss Luca de Meo after his shock departure to luxury group Kering a month ago.
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