In This Article:
March 24 (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 buys UK fintech start-up Credit Kudos https://on.ft.com/3D4S48R
- Chelsea to be allowed 30 mln stg cash injection from parent company https://on.ft.com/3wvJKxC
- Tensions intensify at Generali as rival CEO candidate suspended https://on.ft.com/3IByVN0
- Credit Suisse loses case over banker who stole from billionaire clients https://on.ft.com/3IENjnA
- Renault suspends Russia business and looks at options for AvtoVaz stake https://on.ft.com/3JBzJml
Overview
- Apple Inc has acquired UK-based fintech start-up Credit Kudos, signalling a deeper push into payments technology by the iPhone maker.
- Chelsea's parent company is to be allowed to inject up to 30 million pounds ($39.63 million) into the football club to help the Premier League side "resolve any cash flow or liquidity issues".
- Generali SpA has suspended the executive who had been put forward by one of its rebel shareholders as a rival candidate to lead the company, in the latest twist to the power struggle at Italy's largest insurer.
- Former Georgian prime minister Bidzina Ivanishvili has won a long-running battle with Credit Suisse Group to reclaim funds stolen by a former employee of the Swiss bank, according to people with knowledge of the case.
- Renault SA is suspending some of its Russian operations indefinitely and is preparing to walk away from its investment in Lada maker AvtoVaz AO, in a significant shift for the biggest foreign carmaker remaining in the country after rivals had retreated.
($1 = 0.7569 pounds) (Compiled by Bengaluru newsroom)