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PRESS DIGEST-Financial Times - October 30

By Reuters News

Oct 30 (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

- Binance temporarily suspends withdrawals after apparent hack

- Evonik set to reject BASF’s sweetened €11 billion takeover bid

- ExxonMobil boss pulls out of Gulf energy conference over security concerns

- Monte dei Paschi investors reject CEO’s plan to fend off Intesa’s €35 billion takeover


Overview

- Binance has said it “temporarily suspended” all deposits and withdrawals as the world’s biggest crypto exchange appeared to have been hacked in what is the latest in a string of security breaches across the digital-asset industry.


- Chemicals company Evonik EVKn.DE is planning to reject BASF’s BASFn.DE improved €11 billion ($12.28 billion) takeover offer as too low, in the latest setback for efforts to create a Germany-based industry champion to take on Chinese, Middle Eastern and American rivals.


- ExxonMobil XOM.N chief executive Darren Woods has cancelled plans to attend the energy industry’s biggest gathering in Abu Dhabi next week, as security concerns disrupt business events across the Middle East.


Monte dei Paschi di Siena BMPS.MI shareholders have rejected its proposed takeovers of Banca Generali BGN.MI and Banco BPM BAMI.MI, paving the way for a sale to Intesa Sanpaolo ISP.MI.



($1 = 0.8957 euros)

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