PRESS DIGEST-Financial Times - March 9

Reuters03-09 11:01
PRESS DIGEST-Financial Times - March 9

March 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

- Muscat airport limits private jet flights as wealthy leave the Gulf

- Phillips 66 changes board to avoid new proxy battle with Elliott

- KKR eyes multibillion-dollar sale of data centre cooling company

- China signals it wants a Trump visit despite Iran war

Overview

- Oman's Muscat airport has told private jet operators to avoid using the site for "additional flights", giving importance to government and commercial flights as fresh airspace closures affect the region's attempts to increase travel.

- U.S. oil refiner Phillips 66 has made changes to its board to prevent a repeat of last year's proxy battle with activist hedge fund Elliott Management.

- U.S. private equity firm KKR KKR.N is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion.

- China is "positive and open" on this month's visit by U.S. President Donald Trump as it signalled its eagerness to host a successful summit despite the US attack on Iran.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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