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PRESS DIGEST- Financial Times - Nov. 4

Nov 4 (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

- National Grid issues second warning on stretched electricity supplies on.ft.com/3kWo8Sx

- Crispin Odey steps down from helm of Odey Asset Management on.ft.com/2HZ79jO

- BP closes in on sale of London HQ on.ft.com/2TXn84t

- China halts $37bn Ant Group IPO, citing 'major issues' on.ft.com/3k3BICt

Overview

- National Grid Plc has issued a second warning in three weeks about supplies of electricity in Britain being stretched as fewer-than-expected power generators will be available at peak times, while also forecasting low output from renewable sources such as wind.

- Crispin Odey, one of Britain’s highest-profile hedge fund managers, will step back from running his London-based hedge fund firm that he founded about three decades ago.

- BP Plc is close to selling its central London headquarters for about 250 million pounds ($326.35 million) to Lifestyle International Holdings, as the pandemic has forced the company to cut costs.

- China suspended Ant Group’s $37 billion listing, which was set to be the world’s largest IPO, a day after meeting with Jack Ma, who founded the company.

$1 = 0.7660 pounds Compiled by Bengaluru newsroom

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