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PRESS DIGEST-Financial Times - June 23

ReutersJun 23, 2025 2:49 AM

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- British Airways and Singapore Airlines cancel Dubai flights after U.S. bombs Iran

- Spain secures opt-out from new Nato spending goal, says Sánchez

- Energy prices cut for business as part of UK industrial strategy

- Novo hunts for 'maximum potential' from obesity drug CagriSema

Overview

- IAG-owned ICAG.L British Airways and Singapore Airlines SIAL.SI have cancelled flights to Dubai after the U.S. struck three nuclear sites in Iran.

- NATO members agreed to a big increase in their defence spending target to 5% of gross domestic product, as demanded by U.S. President Donald Trump, but Spain said it did not need to comply just days before a summit in The Hague meant to be a show of unity.

- Britain will aim to cut the electricity bills of thousands of companies under a new industrial strategy to be published on Monday, heeding calls from business to lower high energy costs that they say have damaged competitiveness and hindered growth.

- Novo Nordisk NOVOb.CO is aiming to determine the "maximum potential weight loss" achievable with its experimental drug, CagriSema, as it tries to reassure investors that the medicine has a bright future.

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