PRESS DIGEST- Financial Times – July 1

July 1 (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

– Indivior ex-chief pleads guilty to U.S. opioid marketing charge on.ft.com/2Ztqe2A

– Airbus slashes 15,000 jobs as sector reels from collapse in travel on.ft.com/2Vy0h0Q

– Adidas human resources chief resigns amid racism uproar on.ft.com/3dKFb5v

– Data group Dun & Bradstreet set for $1.7bn listing on.ft.com/3ik1mTt

Overview

– Former chief executive of UK based pharmaceuticals company Indivior, has pleaded guilty to a criminal charge in the United States in connection with the marketing of Suboxone, a powerful opioid.

– Airbus is cutting 15,000 jobs within a year, including 900 already earmarked in Germany, saying its future is at stake after the coronavirus outbreak paralysed air travel.

– Adidas top human resources executive, Karen Parkin, has resigned effective immediately amid an escalating uproar at the world’s second largest sportswear maker over its handling of racism, diversity and inclusion.

– Business analytics firm Dun & Bradstreet Holdings Inc on Tuesday raised $1.7 billion in its initial public offering (IPO) after it sold more stock than expected above its indicated price range.

Source: Read Full Article