Financial Times - Sept 3
Sept 3 (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
- Cathay Pacific to inspect Airbus A350 fleet after 'engine component failure'
- Blackstone agrees €1bn deal for European warehouse assets
- Volkswagen considers closing factories in Germany and cutting jobs
- Brookfield puts London Citypoint tower up for sale
- France prepares to start up long-delayed Flamanville nuclear reactor
Overview
- Cathay Pacific 0293.HK said it had started an inspection of its entire fleet of Airbus AIR.PA A350 aircraft as a "precautionary measure" following an engine problem on one of its long-haul jets.
- Blackstone BX.N has acquired another large warehouse portfolio, in a 1 billion euros transaction, adding to the U.S. investment group's bet on the logistics sector with one of Europe's largest property deals this year.
- Volkswagen VOWG_p.DE is considering shutting factories in Germany for the first time in its 87-year history, as chief executive Oliver Blume warned that the European automotive industry was in a "very . . . serious situation".
- Brookfield has put London's Citypoint tower up for sale, in the biggest test yet of the UK capital’s office market after a brutal two-year downturn.
- France is starting up its first newly built nuclear reactor in a quarter of a century, 12 years behind schedule and after multiple setbacks as the industry looks to a revival with plans for more new plants.
(Compiled by Bengaluru newsroom)
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