financetom
Business
financetom
/
Business
/
PRESS DIGEST-British Business - May 7
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST-British Business - May 7
May 6, 2026 11:03 PM

May 6 (Reuters) - The following are the top stories on

the business pages of British newspapers. Reuters has not

verified these stories and does not vouch for their accuracy.

The Times

- Mira Murati, who was briefly chief executive of OpenAI,

said current CEO Sam Altman was deceptive with her and others

and sowed distrust among top executives.

The Guardian

- A new trade deal with the EU could lead to restrictions on

the use of the controversial weedkiller glyphosate on UK food

crops.

- The Financial Conduct Authority has launched a review of

claims management companies amid concerns that firms are

misleading victims of financial scandals about their

compensation.

The Telegraph

- Some major airports have already begun to run out of jet

fuel as a result of the Iran war, the boss of Lufthansa

has warned.

- Elon Musk's SpaceX is poised to spend $120 billion

building what he claims will be the world's largest AI chip

factory.

Sky News

- Retailer TG Jones has secured emergency relief from UK tax

authorities as it progresses a rescue plan that will involve the

closure of over a 100 stores.

- KKR has dropped out of the multi-billion pound

auction of bottled water brands including Perrier and San

Pellegrino.

The Independent

- Deliveroo is introducing a new feature that will allow

customers to book restaurant reservations directly through its

platform, called Deliveroo Reservations.

- Up to 150 high street stores of TGJones face closure, with

hundreds of jobs understood to be at risk.

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Neuronetics Appoints Steven Pfanstiel as CFO
Neuronetics Appoints Steven Pfanstiel as CFO
Jul 15, 2025
07:49 AM EDT, 07/15/2025 (MT Newswires) -- Neuronetics ( STIM ) said Tuesday that it has named Steven Pfanstiel to replace Steve Furlong as its new Chief Financial Officer, starting July 15. The company said Furlong will stay as senior advisor to the CEO until the end of March 2026 to ensure a smooth transition, it added. Before the appointment,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Update: BlackRock Q2 Adjusted Earnings, Revenue Rise; Assets Under Management Up 18%
Update: BlackRock Q2 Adjusted Earnings, Revenue Rise; Assets Under Management Up 18%
Jul 15, 2025
07:48 AM EDT, 07/15/2025 (MT Newswires) -- (Updates with assets under management data in headline and fifth paragraph; latest stock move in last paragraph.) BlackRock ( BLK ) reported Q2 adjusted earnings Tuesday of $12.05 per diluted share, up from $10.36 a year earlier. Analysts surveyed by FactSet expected $10.78. Revenue for the three months ended June 30 was $5.42...
Iovance Biotherapeutics Names Corleen Roche as Chief Financial Officer
Iovance Biotherapeutics Names Corleen Roche as Chief Financial Officer
Jul 15, 2025
07:49 AM EDT, 07/15/2025 (MT Newswires) -- Iovance Biotherapeutics ( IOVA ) said Tuesday it has appointed Corleen Roche as chief financial officer, effective Aug. 6. Roche most recently served as CFO of CG Oncology (CGON). Iovance shares were down 6% in recent premarket activity. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved