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Press Digest: Financial Times - September 9

PRESS DIGEST-Financial Times - September 9

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

  • Heathrow and Gatwick flights disrupted by air traffic control failure

  • Israel retaliates after UK bans trade with Israeli settlements in West Bank

  • EasyJet sued for $72 million over abandoned planes in sanctions dispute

  • Cerberus nears £1 billion deal for Goodwin defence unit

Overview

  • Hundreds of flights across Britain were grounded on Tuesday after a software issue hit the country's air traffic control system, causing widespread disruption.

  • Israel closed Britain's consulate in East Jerusalem, banned a dozen British lawmakers from entering the country and expelled British officials from a Gaza coordination body in retaliation for London's sanctions on trade linked to West Bank settlements.

  • Liquidators of a Russian aircraft lessor are suing EasyJet EZJ.L for at least $72 million, alleging the budget airline abandoned six Airbus AIR.PA jets after grounding them in 2022 amid sanctions-related disputes.

  • U.S. private equity firm Cerberus is close to acquiring the defence arm of London-listed engineering group Goodwin GDWN.L in a deal worth about £1 billion ($1.35 billion).

($1 = 0.8598 euros)

($1 = 0.7383 pounds)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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