PRESS DIGEST-Financial Times - December 26

Dec 26 (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

- EU will lose 'race to the bottom' on regulation, says competition chief

- Bayeux Tapestry set to be covered by £800mn UK Treasury indemnity

- Prosus boss criticises EU over curbs that hinder $15bn investment in Europe

Overview

- Europe must defend its regulatory system more forcefully in order to remain globally competitive, European Union competition chief Teresa Ribera said, in a call to resist pressure from U.S. President Donald Trump and those lobbying for change at home.

- The Bayeux Tapestry is set to be covered by a UK Treasury indemnity of about 800 million pounds($1.08 billion) during its loan to the British Museum in 2026, in a sign of the extraordinary value attached to the 70-metre fabric depiction of the Norman Conquest.

- Prosus PRX.AS CEO Fabricio Bloisi said the EU is limiting his plan to invest as much as $15 billion in Europe following the technology group's 4.1 billion euro($4.83 billion) takeover of European food delivery group Just Eat Takeaway.

($1 = 0.7412 pounds)

($1 = 0.8488 euros)