Press Digest: Financial Times - September 10

Kansai Electric Power Co

10/09/2025 03:50

Sept 10 (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

- Elliott Management builds stake in payments company Bill Holdings

- Elliott wades into sensitive sector, with stake in Japanese nuclear power group Kansai Electric

- Donald Trump tells EU to hit China and India with 100% tariffs to pressure Vladimir Putin

- Klarna reaches $15bn valuation as IPO prices at $40 a share

Overview

- Activist hedge fund Elliott Management has built a large stake in payments automation company Bill Holdings BILL.N, betting the struggling fintech could soon become the latest takeover target in the sector.

- Elliott Management has become a top three shareholder of Kansai Electric Power 9503.T, Japan's second-largest utility and a major nuclear power operator, in a sign that activist investors in the country feel emboldened to take positions in sectors considered sensitive.

- U.S. President Donald Trump has asked the European Union to impose tariffs of up to 100% on India and China as part of a joint effort to increase pressure on Russia to end its war in Ukraine.

- Klarna KLAR.N scored a valuation just over $15 billion in its US initial public offering, a major milestone for the Swedish fintech company after tariff-driven market volatility halted its previous attempt to go public.

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))