PRESS DIGEST-Monetary Instances – Dec 3

Dec 3 (Reuters) – The next are the highest tales within the Monetary Instances. Reuters has not verified these tales and doesn’t vouch for his or her accuracy.

Headlines

– EU chief points Brexit warning over Metropolis of London entry https://on.ft.com/34KKvSL

– Zara founder Amancio Ortega to pay 600 mln stg for London’s Put up Constructing https://on.ft.com/2Liyw7o

– British motorists accuse VW of ‘apparent cheat’ on emissions https://on.ft.com/37YGjRt

Overview

The EU’s monetary providers chief Valdis Dombrovskis says UK might be lower out if it diverges from Brussels requirements post-Brexit, in an indication of the strain Britain will face to remain intently aligned with European guidelines after it leaves the bloc.

Amancio Ortega, the founding father of retailer Inditex, is near buying McKinsey’s London headquarters for 600 million kilos, within the billionaire’s newest wager on the highest finish of the UK property market.

Attorneys for British prospects suing Volkswagen AG stated on Monday the automotive maker engaged in an “apparent cheat” when it allegedly fitted vehicles with a tool that circumvented air pollution emissions limits, as one of many Britain’s largest client lawsuits received below method.

(Compiled by Bengaluru newsroom)

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