financetom
Business
financetom
/
Business
/
PRESS DIGEST- Financial Times - Oct 7
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Financial Times - Oct 7
Oct 6, 2024 7:35 PM

Oct 7 (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

- New York Sun owner Dovid Efune closes in on 550 mln pounds

($720.67 mln) deal for UK's Telegraph

- PwC launches UK operations overhaul to include standalone

tech and AI unit

- Sue Gray quits as Number 10 chief of staff as Keir Starmer

overhauls team

- Seven & i ( SVNDF ) aims to bolster takeover defences with non-core

asset sales

Overview

- New York Sun owner Dovid Efune is closing in on a deal to

buy the Telegraph for more than 550 million pounds ($720.67

million), which would end a 16 month battle for control of the

conservative British national newspaper.

- PwC's new UK chief has launched an overhaul of its

operations in the country. This will involve creating a

standalone technology and artificial intelligence unit, in a

move that bosses acknowledged could be "unsettling" for staff.

- UK Prime Minister Keir Starmer has conducted a massive

shake-up of his Number 10 team, with chief of staff Sue Gray

quitting her post after only three months in Downing Street.

- Seven & i Holdings ( SVNDF ) is exploring the possibility

of selling its non-core assets to private equity and other

investors.

($1 = 0.7632 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 >
China's Nio to launch Firefly EV in Europe in 2025
China's Nio to launch Firefly EV in Europe in 2025
Dec 21, 2024
BEIJING (Reuters) - Chinese electric vehicle (EV) marker Nio on Sunday announced plans to launch its Firefly cars in Europe in the first half of 2025. William Li, CEO of Nio, said the company will work with local partners on the sale and service of Firefly in European markets. Li also said Nio will accelerate building battery swapping stations in...
China's Nio to launch Firefly EV in Europe in 2025
China's Nio to launch Firefly EV in Europe in 2025
Dec 21, 2024
BEIJING, Dec 22 (Reuters) - Chinese electric vehicle (EV) marker Nio on Sunday announced plans to launch its Firefly cars in Europe in the first half of 2025. William Li, CEO of Nio, said the company will work with local partners on the sale and service of Firefly in European markets. Li also said Nio will accelerate building battery swapping...
Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure
Stellantis reverses Ohio layoffs weeks after CEO's abrupt departure
Dec 21, 2024
Dec 21 (Reuters) - Stellantis ( STLA ) has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant less than three weeks after the abrupt resignation of Chief Executive Carlos Tavares, the Franco-Italian automaker said late on Saturday. The company has decided not to put any employees on indefinite layoff from Jan. 5 due to...
Stellantis reverses decision to lay off 1,100 at Ohio Jeep plant
Stellantis reverses decision to lay off 1,100 at Ohio Jeep plant
Dec 21, 2024
(Reuters) - Stellantis ( STLA ) has reversed its decision to lay off about 1,100 employees at an Ohio Jeep plant, instead extending a worker adjustment and retraining notification notice, the Franco-Italian automaker said late on Saturday. No employees will be placed on indefinite layoff on Jan. 5 due to a previously announced shift reduction, a company spokesperson said in an...
Copyright 2023-2026 - www.financetom.com All Rights Reserved