Financial Times - July 6
July 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
- Royal Mail managers to strike over proposed job and pay cuts Link
- Tesco squares up to Mars Petcare over price of Whiskas Link
- Shell signs up to Qatar project as LNG demand booms Link
- Sainsbury's sales fall as customers cut back spending Link
- Managers at Britain's Royal Mail RMG.L will hold two rounds of industrial action later this month in a dispute over job cuts and pay, the Unite trade union said on Tuesday.
- Mars Inc on Tuesday stopped supplying some petcare products to Britain's Tesco Plc TSCO.L , less than a week after U.S. packaged foods company Kraft Heinz KHC.O pulled several brands from its shelves.
- QatarEnergy on Tuesday signed a deal with Shell SHEL.L for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project.
- Sainsbury's SBRY.L on Tuesday warned the financial pressure on British shoppers would "only intensify" this year after it reported a 4% drop in underlying quarterly sales, driven by falling demand for general goods in its supermarkets and Argos stores.
(Compiled by Bengaluru newsroom)
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