Financial Times - June 16
June 16 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
- THG pursuers set to give up their chase of ecommerce group Link
- Travel rebound pushes WHSmith quarterly sales to pre-pandemic level Link
- Whitbread beats forecasts but faces darkening UK economic outlook Link
- HSBC dismisses trader over personal messages to client Link
- A consortium of investors led by Belerion Capital and including King Street Capital will drop their 2.1 billion pound ($2.56 billion) pursuit of British e-commerce group THG plc THG.L .
- British retailer WH Smith SMWH.L on Wednesday forecast its annual performance would be at the higher end of analysts' expectations as more people travel to work and tourists return.
- Premier Inn owner Whitbread WTB.L on Wednesday said its revenue rose above pre-pandemic levels as hotel stays in Germany and UK rose as pandemic-led curbs eased.
- London-headquartered lender HSBC HSBA.L on Wednesday fired a UK based trader after an investigation into use of inappropriate messaging applications with clients.
($1 = 0.8212 pounds) (Compiled by Bengaluru newsroom)
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