PRESS DIGEST- Financial Times - May 1
May 1 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
CALGARY, Alberta Dec 15 The Syncrude oil sands project in northern Alberta is cutting its January synthetic crude production by around 800,000 barrels to 10 million barrels for the month, according to three trading sources
** Traders say Syncrude is still producing at strong rates compared to historical averages, not a big cut for this time of year
** Syncrude, majority owned by Suncor Energy can produce around 355,000 barrels per day when running at full capacity (Reporting by Nia Williams, Catherine Ngai and Liz Hampton)
NEW YORK, April 30 Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an acquisition offer for Tribune Media Co, according to a source familiar with the matter.