financetom
Business
financetom
/
Business
/
British Business - Oct. 21
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
British Business - Oct. 21
Oct 20, 2024 8:04 PM

Oct 21 (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

- Microsoft MSFT.O and the British government have agreed a memorandum of understanding giving public sector organisations access to Microsoft's ( MSFT ) portfolio of AI-powered products and services.

- The hospitality industry has warned of a 900 million pounds ($1.17 billion) hit in the spring unless the UK chancellor reforms business rates in the budget.

The Guardian

- Leaked WhatsApp messages from the former Newcastle United minority co-owner Amanda Staveley suggest that Mohammed bin Salman, Saudi Arabia's crown prince, was heavily involved in the takeover of the club.

- UK Health secretary Wes Streeting is to unveil plans for portable medical records giving every NHS patient all their information stored digitally in one place, despite fears over breaching privacy and creating a target for hackers.

The Telegraph

- Senior executives at Blockchain.com, a 5 billion pounds ($6.53 billion) London-headquartered cryptocurrency business, are facing prosecution over the company's failure to file its accounts on time.

- UK's Deputy Prime Angela Rayner has been given a permanent seat on the National Security Council after initially being sidelined by Sir Keir Starmer.

Sky News

- Negotiations between Rolls-Royce-backed RR.L Reaction Engines and the UAE's Strategic Development Fund, the investment arm of the UAE's Tawazun Council, about it anchoring a recapitalisation of the company have stalled.

The Independent

- Leaked recordings have sparked fears the British High Commission in Mauritius had its phones hacked around the time the UK opened negotiations for the handover of the Chagos Islands.

($1 = 0.7662 pounds)

(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 >
Tutor Perini Wins $228.6 Million Contract for Terminal Connectors Project at Fort Lauderdale-Hollywood International Airport
Tutor Perini Wins $228.6 Million Contract for Terminal Connectors Project at Fort Lauderdale-Hollywood International Airport
May 22, 2024
07:58 AM EDT, 05/22/2024 (MT Newswires) -- Tutor Perini Corporation ( TPC ) said Wednesday it won a $228.6 million contract by the Broward County Board of County Commissioners for the terminal connectors project at Fort Lauderdale-Hollywood International Airport. The project includes construction of enclosed post-security walkways between Terminals 1 and 2 and Terminals 2 and 3 as well as...
GDS Holdings Q1 Loss Narrows, Revenue Increases; 2024 Guidance Re-Affirmed -- Shares Decline Pre-Bell
GDS Holdings Q1 Loss Narrows, Revenue Increases; 2024 Guidance Re-Affirmed -- Shares Decline Pre-Bell
May 22, 2024
07:59 AM EDT, 05/22/2024 (MT Newswires) -- GDS Holdings ( GDS ) reported a Q1 loss Wednesday of 1.96 Chinese renminbi ($0.27) per American Depositary Share, narrowing from a loss of 2.67 renminbi a year earlier. Two analysts polled by Capital IQ expected a loss of 1.87 renminbi. Revenue for the quarter ended March 31 was 2.63 billion renminbi, up...
Bristol-Myers Squibb Announces Strategies to Improve Access to Medicines
Bristol-Myers Squibb Announces Strategies to Improve Access to Medicines
May 22, 2024
07:57 AM EDT, 05/22/2024 (MT Newswires) -- Bristol-Myers Squibb ( BMY ) said Wednesday it has drawn up a 10-year strategy to expand patient access to its medicines in low- and middle-income countries. Under the 10-year program, Bristol-Myers said it has introduced local brands of its medicines in countries like Thailand to make these more affordable. Five local brands have...
KBR Granted License to Market Sumitomo Chemical's Propylene Oxide
KBR Granted License to Market Sumitomo Chemical's Propylene Oxide
May 22, 2024
07:58 AM EDT, 05/22/2024 (MT Newswires) -- KBR (KBR) said Wednesday it was granted a license to market and distribute Sumitomo Chemical's propylene oxide by cumene technology. Under the alliance, Sumitomo Chemical's technology will be distributed globally. The chemical is used in the manufacture of polyurethanes including industrial foams, coatings, adhesives, and sealants. Financial terms of the partnership were not...
Copyright 2023-2026 - www.financetom.com All Rights Reserved