PRESS DIGEST-Financial Times - Nov 16

In This Article:

Nov 16 (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

New York sues PepsiCo over plastic pollution

EY picks Janet Truncale as the first woman to lead a Big Four firm

Fed official warns against calling time on rate-rising cycle too soon

Meta challenges EU's landmark digital rules

Overview

New York state is suing food and drinks giant PepsiCo for plastic waste pollution, the latest lawsuit to try to hold companies to account over their environmental impact.

EY has appointed Janet Truncale, the head of its financial services business in the Americas, to be its next global chief executive.

Mary Daly, president of the Federal Reserve Bank of San Francisco said that recent economic data showing a further deceleration in inflation was "very, very encouraging."

Meta has become the first company to publicly challenge the EU's decision to designate some popular online products as "core" services.

(Compiled by Bengaluru newsroom)