Sept 2 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
- Big setback for Musk as SpaceX rocket explodes on launch
- Uber granted right to challenge UK TFL over new rules on.ft.com/2c5ge92
- Schroders supports hedge fund in Speedy Hire tussle on.ft.com/2c5hl8L
- Apple to repatriate overseas cash pile next year, says
- A SpaceX pilotless Falcon 9 rocket and a satellite were
destroyed in an explosion on a launchpad in Florida, which is a
major setback for Tesla CEO Elon Musk as he looks to
transform the space business.
- Uber now has the right to bring legal challenge against
the government body Transport for London, over new rules drafted
which including written English tests for drivers.
- Hedge fund Toscafund, which is seeking removal of Speedy
Hire's executive chairman Jan Astrand, secured support
from Speedy's second largest investor, Schroders.
- Apple is expected to pay billions of dollars of
further taxes in the U.S. next year, after it brings home the
offshore cash, the chief executive Tim Cook said on Thursday.
(Compiled by Sangameswaran S in Bengaluru)