Oct 15 (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

- Dovid Efune enters exclusive talks over Telegraph deal

- Rachel Reeves cuts National Wealth Fund budget despite UK

investment drive

- Intesa Sanpaolo apologises after 'disloyal' employee

accessed Giorgia Meloni's account

- TPG and Blackstone team up to bid for eyecare group Bausch

+ Lomb ( BLCO )

Overview

- New York Sun owner Dovid Efune has entered into exclusive

talks over the $550 million acquisition of the UK's Telegraph,

giving the British-born media executive six weeks to complete a

deal for the national newspaper.

- UK Chancellor Rachel Reeves said on Monday that the UK

Infrastructure Bank would be rebranded as the National Wealth

Fund to help direct "tens of billions of pounds" of private

investment into decarbonising the British economy.

- Italy's Intesa Sanpaolo has issued a public

apology after a "disloyal employee" conducted more than 6,000

illegal breaches of accounts including those of Prime Minister

Giorgia Meloni and EU commissioner-designate Raffaele Fitto.

- Private equity groups TPG and Blackstone

have teamed up to work on a joint bid for eyecare company Bausch

+ Lomb ( BLCO ), making it potentially one of the largest

private equity buyouts of the year.

(Compiled by Bengaluru newsroom)