PRESS DIGEST-Financial Times - March 24
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.
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)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

