Aug 25 (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
- Keurig Dr Pepper ( KDP ) nears $18bn deal to buy European coffee
group JDE Peet's
- Tougher community penalties to replace short jail terms in
England
- HSBC Swiss unit culls wealthy Middle Eastern clients amid
regulator scrutiny
- UK sets out overhaul of asylum appeals process as protests
continue
Overview
- Keurig Dr Pepper ( KDP ) is nearing a roughly $18 billion
acquisition of European coffee company JDE Peet's in a
deal that could set the stage for the break-up of the U.S.
drinks giant.
- Short prison sentences are to be replaced by tougher
punishments in the community - including banning offenders from
pubs or sports matches - as ministers attempt to manage the
prisons crisis in England and Wales.
- HSBC's ( HSBC ) Swiss private bank has launched a cull of
more than 1,000 wealthy Middle Eastern clients as it faces
ongoing scrutiny from regulators over high-risk clients.
- Home secretary Yvette Cooper has announced an overhaul of
the UK asylum appeals process to tackle "completely unacceptable
delays" against a backdrop of protests about the use of hotels
to house asylum seekers.
(Compiled by Bengaluru newsroom)