Financial Times - Sept 10
Sept 10 (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
- Elon Musk faces possible summons before UK parliament over role of X
- PwC to parachute in UK partner to run scandal-hit China business
- HSBC considers cost-cutting merger of commercial and investment banking units
- Keir Starmer pledges to end attacks on trade union movement
Overview
- Elon Musk will be asked by the UK parliament to give evidence about the operations of social media platform X under plans drawn up by a leading contender to become chair of a key panel of MPs.
- Auditor PwC is set to parachute in a senior partner from the UK to run its business in China, as the fallout from its audit of collapsed property developer Evergrande continues to mount.
- HSBC's top executives have discussed a plan to merge its commercial and investment banking units, bringing together two of its three divisions in what would be a significant move by new chief executive Georges Elhedery to cut costs.
- British Prime Minister Keir Starmer will promise to end "cheap and vindictive attacks" on the trade union movement as he promises to work with both businesses and unions to "rewire" the British economy.
(Compiled by Bengaluru newsroom)
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