Financial Times Highlights: Major Moves and Regulatory Actions

The Financial Times covers critical stories including Pavel Durov's criticism of French authorities, a court blocking the sale of Raiffeisen Bank's Russian arm, Unilever's Russia business sale, Thames Water's creditor plans, a call for UK capital market revamp, and EU's directive on Airbus A350 inspections.

Financial Times presents pivotal stories capturing significant economic and business developments. Telegram's CEO Pavel Durov has condemned French authorities for arresting him, questioning their approach in a detailed post on Thursday.

Meanwhile, a Russian court has intervened to block the sale of Raiffeisen Bank International's Russian unit, putting the largest western lender still in Russia in a tight spot. In a significant move, Unilever has decided to offload its Russian business to Arnest, owned by Alexey Sagal.

Over in the UK, Thames Water's lenders are devising contingency plans for additional funding to avert nationalization. The UK must revamp its capital markets to secure £1tn of investment over the next decade, per a report by Nigel Wilson. Lastly, the EU aviation safety regulator mandates one-time inspections on certain Airbus A350 engines following a Cathay Pacific flight's complications.

(With inputs from agencies.)