PRESS DIGEST- Financial Times - July 29
July 28 (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
- Wise shareholders back plan to move listing from UK to US
- Brussels accuses China's Temu of breaking EU digital rules
- Germany and France hit out at EU-US deal
- Trump tells Starmer to cut taxes and curb immigration in order to beat Farage
Overview
- Wise WISEa.L shareholders have voted to shift the fintech's primary listing from London to New York, as the company saw off an investor rebellion led by one of its co-founders.
- The European Union has accused Chinese e-commerce group Temu of breaching the bloc's landmark digital rules by failing to do enough to prevent the sale of illegal products on its platform.
- Germany and France hit out at the long-awaited EU-US trade deal on Monday, warning it would wound the bloc's economy, as the euro slid against the dollar.
- U.S. President Donald Trump has advised Sir Keir Starmer to cut taxes and slash immigration if he wants to beat Nigel Farage at the next election, as the U.S. president and UK prime minister held talks in Scotland.
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