PRESS DIGEST- Financial Times - Nov. 26

26 Nov 2020 / 08:48 H.

    Nov 26(Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


    - Regulator calls out UK companies for 'box-ticking' on diversity

    - ByteDance gets seven more days to resolve TikTok US ownership

    - EY faces mounting pressure to disclose Wirecard details to German parliament

    - Salesforce in talks to buy Slack in huge cloud software deal


    - UK-listed companies are failing to live up to their diversity promises and treat reporting on their culture and strategy as a "box-ticking exercise", the Financial Reporting Council said on Thursday.

    - The Trump administration on Wednesday granted ByteDance a new seven-day extension of an order directing the Chinese company to sell its TikTok short video-sharing app.

    - Accounting firm EY is facing mounting pressure to provide detailed evidence to Germany's parliament about a decade of their work auditing Wirecard after the defunct payments provider's board released the Big Four firm from its duty of confidentiality.

    - Cloud-based software company Inc s in talks to acquire workplace messaging app Slack Technologies Inc as it seeks to expand its offerings to businesses

    (Compiled by Bengaluru newsroom)

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