Feb 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
- BP cash bonus to be paid at 45% of target after poor
performance
- Entain ( GMVHF ) chief steps down after 5 months in role
- Novartis agrees $3 billion deal to buy heart drug biotech
from Blackstone
- EU to retaliate against US steel and aluminium tariffs
Overview
- BP has told 39,000 employees that their annual cash
bonus will be paid at just 45% of target after a year of poor
financial and operational performance.
- The chief executive of Ladbrokes owner Entain ( GMVHF ),
Gavin Isaacs has stepped down after just five months in the
role.
- Novartis has agreed to acquire Anthos
Therapeutics in a deal worth up to $3.1 billion, after
Blackstone Life Sciences funded the biotech's development of its
treatment to help prevent strokes and other serious blood clots.
- EU said it would retaliate against U.S. tariffs on
European steel and aluminium exports with "firm and
proportionate countermeasures", as officials in Brussels rushed
to avert a trade war with Washington.
(Compiled by Bengaluru newsroom)