May 17, 2017 / 11:26 PM / 7 months ago

PRESS DIGEST- Financial Times - May 18

May 18 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Ford to cut 1,400 jobs as pressure grows on profits

Deutsche Boerse investors take aim at chief over failed LSE deal

Apple’s top suppliers dragged into Qualcomm legal battle

Microsoft held back free patch that could have slowed WannaCry


Ford Motor Co said it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives.

Deutsche Boerse AG’s Chief Executive Carsten Kengeter came under fire from investors over the company’s failed merger with the London Stock Exchange Group Plc at the German exchange operator’s annual meeting.

Chipmaker Qualcomm Inc filed a lawsuit against four Apple Inc contract manufacturers, including Foxconn Technology Group, for not paying royalties, as its legal battle with the iPhone maker intensifies.

Microsoft Corp held back from distributing a free patch for old versions of Windows that could have slowed last week’s devastating ransomware attack, instead charging some customers $1000 a year per device for protection against such threats. (Compiled by Bengaluru newsroom; Editing by Sandra Maler)

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