Press Digest: Financial Times - June 29

Apple

Yesterday 01:14

June 29 (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
Apple to fight $500 million patent bill at UK Supreme Court
Aramco helicopter crashes at Saudi port as Gulf ceasefire frays
Royal Navy scraps frigate plans to focus on drone warfare
Overseas pension funds rethink investments in UK housing
     
Overview
Apple AAPL.O is heading to the UK's highest court to challenge a $500 million bill linked to its use of patented mobile technology in devices, such as iPhones, worldwide.
A Saudi Aramco 2222.SE helicopter crashed at Ras Tanura on Sunday, killing at least 14 people, just days after Saudi Arabia resumed oil flows through the Strait of Hormuz amid regional tensions.
The British Royal Navy will order at least six drone-capable combat ships as part of a defence investment plan to be unveiled this week.
Two large overseas pension funds, Aware Super and Oxford Properties, are pausing or reconsidering investments in UK housing after being hit by issues including post-Grenfell fire safety costs.
     

(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))