Feb 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
- Brookfield buys National Grid's renewables business in US for $1.7bn
- EU and UK in talks about Europe-wide defence funding amid fear of US pullback
- Emirates boss warns against forcing airlines to finance Heathrow's third runway
- No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Overview
- Asset manager Brookfield BAM.TO is buying London listed National Grid’s NG.L onshore renewables business in the US for $1.7 billion
- The UK and EU are in talks about setting up Europe-wide defence funding arrangements amid fears of reduced US support, with discussions including the possibility of a "Rearmament Bank".
- Emirates' president Tim Clark warned that Heathrow's third runway could face legal challenges if airlines are forced to pay higher landing fees to finance it.
- Manchester United MANU.N is cutting costs, including job cuts and ending free lunches for staff, as shareholder Sir Jim Ratcliffe tightens spending to revive the struggling team.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.