June 16 - The following are the top stories in the Financial Times. has not verified these stories and does not vouch for their accuracy.
- Berlin to buy stake in COVID-19 vaccine player CureVac on.ft.com/30KlwzV
- Boris Johnson and EU pledge renewed vigour in trade talks on.ft.com/2UMRnMG
- Cineworld faces legal action for pulling out of Cineplex deal on.ft.com/2UL5u4S
- BP to take up to $17.5bn hit on assets after cutting energy price outlook on.ft.com/3huMJwr
- Germany plans to invest 300 million euros ($340.02 million) and acquire a 23% stake in the private biotech group CureVac, a key player in the race to develop COVID-19 vaccine.
- British Prime Minister Boris Johnson has set an end-of-July deadline for sealing a UK-EU trade deal and has agreed alongwith EU institutional leaders to inject “new momentum” into the negotiations.
- Britain’s Cineworld Group Plc is facing legal action launched against it by its Canadian rival Cineplex Inc after the former pulled out of a $2.3 billion deal that was due to complete this month.
- BP will slash up to $17.5 billion off the value of its oil and gas assets after cutting its long-term oil and gas price forecasts, in the wake of the coronavirus pandemic, which it expects to hasten the shift away from fossil fuels.
($1 = 0.8823 euros)
Compiled by Bengaluru newsroom