FT news digest

Transdev exits Jerusalem light rail plan
Campaigners claim victory but French group says move is strategic
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Premium carmakers see China drama ahead
Analysts say sales fall will mean luxury brands warn on profits
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El Corte Inglés ousts rebel shareholder
Ceslar to take legal action after being ejected in dispute over €1bn stake sale to Qatari investor
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Eni discovers ‘supergiant’ gasfield
Find said to be largest ever in the Mediterranean Sea
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New age beliefs fail to help Uralsib bank
Sanctions, oil price and weaker rouble see one of Russia’s top private banks searching for a buyer
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Luxury groups wait on Chinese stock take
Slide in share prices makes consumers less keen to splash out
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Banks warn over European privacy rules
Lenders say new laws will make it harder to detect fraud and grant loans
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Airlines invest in DIY to improve services
Groups including BA trial permanent electronic bag tags to reduce queues
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