May 2 (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
- Europe ready to make Trump a 50 billion euros trade offer,
says EU negotiator
- Activist investor's play for Upper Crust owner sets stage
for takeover
- Harrods is latest British retailer to be hit by cyber
attack
- UK government has so far set aside 94 million pounds to
cover British Steel rescue
Overview
- Brussels wants to increase purchases of U.S. goods by 50
billion euros ($56.50 billion) to address the "problem" in the
trade relationship, the EU's top negotiator said, adding that
the bloc is making "certain progress" towards striking a deal.
- Activist investor Irenic Capital Management has built a
stake of around 2% in SSP Group ( SSPPF ) and is pushing the
Upper Crust owner to boost its profit margins.
- London department store Harrods said hackers had attempted
to break into its systems, the third high-profile cyber attack
on a UK retailer in two weeks, following incidents at Marks &
Spencer ( MAKSF ) and the Co-op Group.
- The British government has already set aside almost 100
million pounds to pay for its bailout of British Steel just
weeks after taking control of its two blast furnaces from
Chinese owner Jingye.
($1 = 0.8850 euros)
(Compiled by Bengaluru newsroom)