December 9, 2016 / 1:08 AM / in 8 months

PRESS DIGEST- Financial Times - Dec. 9

2 Min Read

Dec 9 (Reuters) - The following are the top stories in the
latest edition of the Financial Times. Reuters has not verified
these stories and does not vouch for their accuracy.
    
    Headlines:
    
    Spotify abandons attempt to buy SoundCloud
    (on.ft.com/2hkYLwo)
    
    DMGT to reduce stake in Euromoney
    (on.ft.com/2gH9Ofj)
    
    Cambridge warns of Brexit hit on EU student numbers
    (on.ft.com/2hqILov)
    
    Southern train drivers closer to another round of strikes
    (on.ft.com/2h96Q3Z)
    
    Overview
    
    Swedish music-streaming service provider Spotify has ended
talks to acquire German rival SoundCloud, according to a person
briefed on the discussions.
    
    Daily Mail and General Trust Plc said on Thursday
it would reduce its holding in Euromoney Institutional Investor
Plc to about 49 percent from about 67 percent to improve
its investment portfolio and lower its debt.
    
    Cambridge University has said in submissions to the House of
Commons Education Committee that applications from European
Union member states into the educational institution have fallen
14 percent this year.
    
    Govia Thameslink Railway, operator of Southern, failed in
its high court bid to halt a series of strikes by the railway
drivers in the coming days after a high court judge dismissed
the company's appeal on Thursday.

 (Compiled by Kanishka Singh in Bengaluru, editing by G Crosse)

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