June 3 (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

UK must spend 68 billion pounds to modernise military,

defence review suggests

EU restricts Chinese medical devices in new trade dispute

Saudi Aramco raises $5 billion in bond sale as it grapples

with lower oil prices

Merck ( MRK ) held talks to buy Swiss biotech MoonLake for more than

$3bn

Uber ( UBER ) brings back chief operating officer role as

Khosrowshahi loosens grip

Overview

Britain will need to spend about 68 billion pounds ($92.02

billion) to prepare its armed forces for modern warfare, a

long-awaited strategic defence review suggests.

The EU has decided to restrict imports of Chinese medical

devices in retaliation for Beijing's alleged discrimination

against foreign manufacturers in bids for public contracts.

Saudi Aramco, the world's largest oil company,

said on Monday it had raised $5 billion in a bond sale as it

positions for a downturn in oil prices and prepares for further

borrowing.

Merck ( MRK ) has held talks over a more than $3 billion

acquisition of Swiss biotechnology group MoonLake

Immunotherapeutics ( MLTX ).

Uber ( UBER ) has appointed its first chief operating

officer since 2019, as chief executive Dara Khosrowshahi shakes

up senior leadership.

($1 = 0.7389 pounds)

(Compiled by Bengaluru newsroom)