Press Digest: Financial Times - April 21
21/04/2026 04:59
April 21 (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 CEO Tim Cook to hand over to John Ternus in September Heathrow can raise airline fees to pay for third runway bid, regulator says Merz and Commerzbank attack Andrea Orcel’s ‘hostile tactics’ as takeover battle escalates William Hill owner in takeover talks with gaming operator Bally’s Intralot Overview Apple AAPL.O said Tim Cook will step down as iPhone maker’s chief executive at the beginning of September and be replaced by hardware chief John Ternus. Britain's aviation regulator proposed allowing Heathrow Airport to recover up to 320 million pounds ($432.42 million) in early costs related to expansion work, as the UK's biggest airport pushes forward with plans to add capacity. German Chancellor Friedrich Merz and Commerzbank CBKG.DE have hit out at UniCredit CRDI.MI, accusing the Italian bank of “hostile” tactics in its 35 billion euro ($41.21 billion) attempt to take over the Frankfurt-based group. Betting group Evoke EVOK.L, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally's Intralot BYLOTr.AT, valuing the debt-laden UK company at 225.3 million pounds ($303.88 million). ($1 = 0.7400 pounds) ($1 = 0.8493 euros) (Compiled by Bengaluru newsroom) ((globalnewsmonitoring@thomsonreuters.com))