PRESS DIGEST-British Business – October 15

October 15 (Reuters) – Here are the main articles on the trade pages of UK newspapers. Reuters has not verified these stories and does not guarantee their accuracy.

The temperature

– GlaxoSmithKline Plc is embroiled in a row with activist investor Bluebell after calling for the replacement of pharmaceutical group CEO Jonathan Symonds. https://bit.ly/3mY7Zy0

– Octopus Energy plans to invest £ 3bn ($ 4.10bn) in hydrogen plants in Britain by the end of the decade after reaching a deal with RES, the energy giant renewable. https://bit.ly/2YO84ws

The Guardian

– The University of Cambridge has broken off talks with the United Arab Emirates over a record-breaking £ 400million collaboration after allegations about the Gulf State’s use of the controversial Pegasus hacking software, the deputy said chancellor of the university. https://bit.ly/3FOwQwT

– Amazon.com Inc urged owners of its Ring security cameras and doorbells – which come with a camera and microphone – to respect the privacy of neighbors after a court ruled their use violated laws on data. https://bit.ly/3FHTUxr

The telegraph

– Microsoft Corp to shut down the Chinese version of its professional networking site LinkedIn, saying it is finding it increasingly difficult to comply with the Communist regime’s control requirements. https://bit.ly/3DJ1VAc

– HS2 is set to award a flagship £ 2.8 billion train contract to two manufacturers who failed to meet the rail link’s own criteria after a process “shrouded in mystery”, said German manufacturing giant Siemens AG before the High Court. https://bit.ly/2XdXaPz

Sky News

– Pure Gym, which trades on nearly 300 UK sites, is expected to decide by the end of the week whether it wants to cancel a listing on the London Stock Exchange, Sky News has learned. https://bit.ly/3FMu3nW

– SoftBank’s Vision Fund will lead a new round of funding for one of Britain’s fintech companies, Zopa, in a deal that will value it at more than £ 500 million, Sky News has learned. https://bit.ly/3FOvsu3

The independent

– Amazon will push shoppers to buy Christmas gifts four weeks earlier and expects the supply chain disruption to persist at least until the spring of next year, according to an internal document viewed by The Independent. https://bit.ly/3mWvXtr

($ 1 = 0.7314 pounds) (Compiled by Bengaluru Newsroom)


Source link

Comments are closed.