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PRESS DIGEST- Financial Times - Sept. 6
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PRESS DIGEST- Financial Times - Sept. 6

- The following are the top stories in the Financial Times. Reuters has verified these stories and does vouch for their accuracy.


Headlines

- Telegram's Pavel Durov criticises French authorities' 'misguided approach' over his arrest

- Court puts block on sale of Raiffeisen bank's Russian arm

- Unilever agrees sale of Russia business to Arnest

- Thames Water creditors examine cash injection to avoid

- UK capital market revamp to attract £1tn of investment, says Wilson report

- EU air safety regulator orders one-off inspections of some Airbus A350s



Overview

- Telegram chief executive Pavel Durov in a long post on the site on Thursday said he was surprised by the decision to pursue him instead of starting legal proceedings against the company itself.

- A Russian court has blocked any potential sale of Raiffeisen Bank International's RBIV.VI subsidiary in Russia, a move that traps the largest western lender still operating inside the country.

- Unilever ULVR.L is set to sell its Russian assets to the Arnest chemical group owned by businessman Alexey Sagal.

- Thames Water's lenders are drawing up contingency plans to provide fresh funding to the struggling utility through a restructuring of its 18 billion pounds ($23.72 billion) debt pile, in order to prevent Britain's largest water provider being renationalised if its crucial equity raise fails.

- The UK to overhaul its capital markets in order to attract 1 trillion pounds of investment in the decade to fund housebuilding, infrastructure and start-ups, according to a long-awaited report by City grandee Nigel Wilson.

- Europe's aviation safety regulator has said it will require one-off inspections of some engines on Airbus AIR.PA A350 long-haul aircraft after a Cathay Pacific 0293.HK plane experienced problems mid-flight this week.







($1 = 0.7588 pounds)


(Compiled by Bengaluru )

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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