PRESS DIGEST- Financial Times - July 7

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Reuters | Updated: 07-07-2023 05:28 IST | Created: 07-07-2023 05:28 IST
PRESS DIGEST- Financial Times - July 7

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- Twitter threatens trade secrets lawsuit over Meta's Threads app https://on.ft.com/44xxGtp - US regulators approve first drug to slow progression of Alzheimer's https://on.ft.com/46xnuDj

- FIS sells majority stake in Worldpay to buyout group at $18.5 bln valuation https://on.ft.com/44xmw83 - RMT announce fresh strikes on London Underground in late July https://on.ft.com/44pBxsC

Overview - Elon Musk-owned Twitter on Thursday threatened to sue Meta Platforms over its new Threads platform, which attracted more than 30 million sign ups after it was launched on Wednesday.

- The U.S. Food and Drug Administration said on Thursday it granted full approval for the first Alzheimer's drug Leqembi, which is developed by Eisai and Biogen. - Private equity firm GTCR has agreed to buy a majority stake in Worldpay, the merchant payments unit of Fidelity National Information Services, in a deal that values the unit at $18.5 billion.

- UK's trade union RMT said on Thursday that London underground rail staff will go on a five-day strike from July 23-28 over pensions and working conditions. (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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