PRESS DIGEST- Financial Times - Jan 22

Jan 22 (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 says $30 oil is 'irrational'. (http://on.ft.com/1OJFHOj)

* Jumbo jet's demise comes a step closer. (http://on.ft.com/1OJFLxx)

* Apple's Cook lobbies EU antitrust chief over Irish back taxes. (http://on.ft.com/1OJFQkE)

Overview

Khalid al-Falih, chairman of state oil company Saudi Aramco, said that the collapse in oil prices to $30 is "irrational" and he expects the market to recover in 2016.

Boeing said on Thursday that it would halve the production of its 747 jumbo jet to six a year from September.

A spokesman for European commissioner Margrethe Vestager confirmed that she held a "private meeting" with Apple's chief executive, Tim Cook, weeks before she is set to rule on a landmark case that could force the California-based technology company to pay billions in underpaid taxes to Ireland.

(Compiled by Parikshit Mishra in Bengaluru; Editing by Peter Cooney)