Aug 14 (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
- AstraZeneca ( AZN ) hits 200 billion STG valuation
- Hipgnosis sues Barry Manilow over bonus payments
- UK housebuilder Bellway ( BLWYF ) walks away from Crest Nicholson
takeover bid
- Brussels slaps down Thierry Breton over 'harmful content'
letter to Elon Musk
Overview
- AstraZeneca ( AZN ) has become the only current UK-listed
company to reach a 200 billion pound valuation, in a vindication
of the company's bet on developing a leading portfolio of cancer
drugs.
- Hipgnosis Songs Fund is suing Barry Manilow
over bonus payments tied to its purchase of the American
singer's back catalogue.
- British homebuilder Bellway ( BLWYF ) has unexpectedly
dropped its 720 million pound ($925.70 million) bid to buy
smaller peer Crest Nicholson, sending Crest's shares
almost 20% lower on Tuesday.
- Brussels has accused its internal market commissioner of
going rogue by sending a letter to Elon Musk threatening
punishment if content posted on social media site X was found to
place EU citizens at risk of "serious harm".
($1 = 0.7778 pounds)
(Compiled by Bengaluru newsroom)