PRESS DIGEST- Financial Times – Aug. 12

Aug 12 (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

– BHP urged to run down not sell its fossil fuel assets https://on.ft.com/3AuLENC

– UK government urged to aid universities struggling with record student numbers https://on.ft.com/3lWfx5q

– Johnson poised to backtrack on mid-2030s gas boiler ban https://on.ft.com/3jOCXY0

– Germany arrests Briton on suspicion of spying for Russia https://on.ft.com/2Xp7Pa5

Overview

– BHP Group Plc has been urged to run down rather than divest its fossil assets by shareholder activist group Market Forces, to meet the goals of the Paris climate agreement.

– Education leaders have called on the UK government for more support to universities, as higher education institutions are struggling to accommodate a larger number of students following a surge in top A-level marks.

– Prime Minister Boris Johnson is set to cut down plans to ban the sale of new gas boilers in the UK from mid-2030, over concerns from ministers and Conservative Party lawmakers about the cost to consumers of transitioning to net zero emissions.

– German prosecutors on Wednesday said that they have arrested a British man working at the UK embassy in Berlin on suspicion of passing documents to the Russian intelligence service.

(Compiled by Bengaluru newsroom)

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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