Financial Times - Aug. 9
Aug 9 (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
- UK nuclear waste site failed to heed warnings over cyber risks, court told
- Barclays becomes first UK bank to scrap EU bonus cap
- British Airways to suspend flights to Beijing as Russia diversion adds costs
- Kremlin rejects Budweiser owner AB InBev's plan to exit Russia
Overview
- Sellafield Ltd, the UK state-owned operator of Sellafield nuclear waste site in Cumbria failed to tackle cyber security weaknesses even though there have been repeated interventions from regulators, prosecutors told Westminster magistrates court in London.
- Barclays BARC.L has become the latest bank to substantially raise a cap on bonuses for its top bankers.
- British Airways is halting flights to Beijing from Oct. 26 until November 2025, it said on Thursday without elaborating on the reason, as European carriers struggle with a ban on flying over Russian airspace.
- Russian authorities have rejected Anheuser-Busch InBev ABI.BR and Anadolu Efes's AEFES.IS deal whereby the world's top beer maker would sell its stake in their Russian joint venture to the Turkish brewer, the companies said on Thursday.
(Compiled by Bengaluru newsroom)
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