Press Digest: Financial Times - September 2
PRESS DIGEST-Financial Times - September 2 Sept 2 (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
- Swiss finance minister hits out at move to water down UBS capital plans
- Partners Group replaces chief as fund redemptions weigh on shares
- Action camera maker GoPro to be acquired after decade-long decline
- Germany blames Russia for Leipzig drone attack
Overview
- Swiss finance minister Karin Keller-Sutter has hit out at lawmakers' efforts to water down plans to force a $20 billion capital increase on UBS UBSG.S, escalating the political battle over the future regulation of the country's biggest bank.
- Partners Group PGHN.S has replaced chief executive officer David Layton as redemption pressure on its flagship funds this year hit the share price of the Swiss private equity manager.
- GoPro GPRO.O is set to be acquired by a self-described AI hardware company, sending shares in the struggling action camera maker surging as much as 80 per cent a day after a YouTube influencer emerged as a major investor.
- Germany has blamed Russia for orchestrating an explosives-laden drone attack at a key logistics airport last month as part of Moscow's intensifying "hybrid warfare" against western targets.
(Compiled by Bengaluru newsroom)
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