PRESS DIGEST-Financial Times - October 2
Oct 2 (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
- Andy Burnham searches for UK alternative to Palantir
- Nike to cut jobs as it forecasts revenue decline in the coming year
- BT seeks government nod for potential TalkTalk takeover
- UBS pushes back against investor call to leave Switzerland
Overview
- British Prime Minister Andy Burnham's government has drawn up a list of British technology companies that could replace Palantir PLTR.O in the NHS, as Burnham's "Buy British" drive puts the US data group's contracts in the health service and Ministry of Defence at risk.
- NikeNKE.N set out plans to cut jobs and forecast a decline in revenue in the coming year as its shoes and sportswear sales stall in markets from the US to China.
- BT BT.L has opened talks with UK government officials over the possibility of a takeover bid for struggling rival TalkTalk
- UBS UBSG.S has pushed back against demands by a major shareholder to leave Switzerland, highlighting growing investor pressure on the bank amid political calls for tougher capital requirements.