PRESS DIGEST- Financial Times - November 17

Reuters11-17
PRESS DIGEST- Financial Times - November 17

Nov 17 (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

- Saudi Arabia’s PIF sells stakes in US groups ahead of Crown Prince’s White House visit

- Blue Owl private credit fund merger leaves some investors facing 20% hit

- Ukraine secures winter gas support from Greece

- UK to curtail asylum seekers’ automatic right to accommodation

Overview

- Saudi Arabia's Public Investment Fund sold its shares in companies including Visa V.N and Pinterest PINS.N, as it cut its exposure to US-listed stocks by 18% compared with the second quarter.

- Alternative asset manager Blue Owl Capital OWL.N has blocked redemptions in one of its earliest private credit funds as it merges with a larger vehicle overseen by the asset manager in a deal that could leave investors with large losses.

- Ukraine has signed an "extremely important agreement" with Greece for gas imports to help the country through winter after repeated Russian strikes on its infrastructure, Ukrainian President Volodymyr Zelenskyy said during a visit to Athens on Sunday.

- Britain will overhaul its approach to human rights laws to make it easier to deport migrants who arrive in the country illegally as part of a major shake-up of asylum policy to be set out on Monday.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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