August 13, 2013 / 12:28 AM / 4 years ago

PRESS DIGEST - Financial Times - Aug 13

2 Min Read

Aug 13 (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

BlackBerry to explore strategic alternatives

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JPMorgan and Goldman to face court on metals warehouse probe

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U.S. acquires cut taxes by relocating to Europe after mergers

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CVC nears deal to buy Campbell Soup's European brands

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Thames Water makes waves with price rise proposal

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Mexico opens up its energy sector

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Overview

Struggling Canadian handset maker BlackBerry put itself up for sale as part of a wider strategic review in a desperate attempt to survive in the competitive smartphone market.

U.S. commodities watchdog has subpoenaed Goldman Sachs, JPMorgan Chase and Glencore as an inquiry into complaints about inflated metals prices gathers pace.

A growing number of U.S. companies, after completing acquisitions in Europe, are looking to relocate to the continent in a bid to save hundreds of millions of dollars in taxes.

U.S. tomato soup maker Campbell Soup is in exclusive talks to sell its soup and sauce brands in continental Europe to private equity investor CVC Capital Partners.

Thames Water, UK's biggest supplier of water and sewerage services by customers, has asked the industry regulator to increase its charges by almost 30 pounds for each household.

Mexico's plans to open up its energy sector could attract billions of dollars in investments from oil companies struggling to find new resources elsewhere.

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