PRESS DIGEST-Financial Times - June 10
June 10 (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
- Thames Water bosses were set for 18.5 million pounds ($25.05 million) before outcry over bonuses
- BlackRock seeks dismissal of Texas antitrust case over alleged suppression coal production
- Eurostar plans services to Frankfurt and Geneva to tap demand for greener travel
- UK pledges 11.5 billion pounds of new state funding for Sizewell C nuclear plant
Overview
- UK's largest water utility Thames Water's senior management team will receive 18.5 million pounds in retention payments as part of a 3-billion-pound emergency loan, even as the company is on the brink of bankruptcy.
- BlackRock BLK.N asked a U.S. judge to dismiss a lawsuit alleging that asset managers conspired to suppress coal production, saying it is an "unprecedented" case that could disrupt how the finance industry approaches corporate governance.
- Eurostar prepares to launch new routes from London to Frankfurt and Geneva to meet demand for greener travel, as it faces the long-term prospect of competition on its cross-channel operations.
- Britain will invest 14.2 billion pounds to build the Sizewell C nuclear plant in southeast England as part of its wider spending review which will define its priorities over the next four years.
($1 = 0.7384 pounds)
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