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PRESS DIGEST- Financial Times - Sept 25
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PRESS DIGEST- Financial Times - Sept 25
Sep 26, 2024 10:17 AM

Sept 25 (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

Starmer will promise to 'recommit' Britain to

internationalism at UN

New Commerzbank CEO expected to fight a potential UniCredit

takeover

Avanti will not lose UK West Coast rail line early despite

poor record

Thames Water's accelerating cash burn exacerbates debt woes

Overview

Keir Starmer will pledge to "recommit" Britain to

internationalism and the rule of law when he attends the UN

general assembly on Wednesday, as his aides push for meetings

with Donald Trump and Kamala Harris.

Commerzbank on Tuesday announced its new chief

executive would be Bettina Orlopp, who is expected to fight a

possible takeover of the German bank by Italy's UniCredit

.

Troubled intercity rail operator Avanti West Coast will not

be stripped of its contract early by the UK government.

Thames Water is burning cash at a faster rate than it

earlier expected, piling pressure on the troubled utility to

extend the term of 530 million pounds ($710.8 million) of debt

due to expire next month as the company seeks to avoid a

renationalisation.

($1 = 0.7457 pounds)

(Compiled by Bengaluru newsroom)

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