financetom
Business
financetom
/
Business
/
PRESS DIGEST-British Business - Jan 9
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST-British Business - Jan 9
Jan 8, 2025 9:59 PM

Jan 9 (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

- The chief executive of Lloyd's of London is set to move to

Aon after six years in charge of the world's leading

insurance market.

- British drugmaker GSK is closing in on a $1

billion deal to buy a U.S. biotech company IDRx in the latest

acquisition to bolster its drugs pipeline.

The Guardian

- Piers Morgan is leaving Rupert Murdoch's media empire to

take control of his Uncensored YouTube channel, three years

after signing a multimillion-pound deal focused on leading

TalkTV, which shut its traditional TV channel last summer.

- The former Brexit negotiator Oliver Robbins has been

appointed as the UK Foreign Office's most senior civil servant,

taking over from Philip Barton.

The Telegraph

- British Prime Minister Keir Starmer has hired the

architect of Theresa May's soft Brexit plan as the most senior

civil servant at the Foreign Office.

- Leon Black, co-founder and former CEO of Apollo Global

Management is reportedly in talks to back the bid spearheaded by

Dovid Efune, the publisher of the New York Sun website.

Sky News

- Britain's power grid operator has issued a call for

electricity providers to bolster output this evening to avert

the risk of blackouts.

- Britain's former City minister Bim Afolami is to become a

non-executive director of HSBC ( HSBC ) - the bank he worked for

before he embarked on a career in politics.

(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 >
Reactions to Trump demanding Intel CEO's resignation
Reactions to Trump demanding Intel CEO's resignation
Aug 7, 2025
(Reuters) -U.S. President Donald Trump has demanded the immediate resignation of Intel CEO Lip-Bu Tan over concerns of his extensive investments in Chinese firms, just months after he assumed leadership of the struggling chipmaker. Tan has invested in hundreds of Chinese technology firms, including at least eight with links to the People's Liberation Army, Reuters reported in April. On Wednesday,...
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,...
Hertz Stock Races Higher After Better-Than-Expected Q2 Results
Hertz Stock Races Higher After Better-Than-Expected Q2 Results
Aug 7, 2025
Hertz Global Holdings Inc ( HTZ ) shares are moving higher Thursday after the company reported better-than-expected financial results for the second quarter. Q2 Revenue: $2.19 billion, versus estimates of $2.18 billion Q2 Adjusted Loss: 34 cents, versus estimates of 38 cents Total revenue declined 7% on a year-over-year basis. Vehicle depreciation per unit per month was $251. The company...
US startup Lyten to buy bankrupt European battery maker Northvolt
US startup Lyten to buy bankrupt European battery maker Northvolt
Aug 7, 2025
* Lyten gives no purchase price for the acquisition * Lyten backed by Jeep-owner Stellantis ( STLA ) and FedEx ( FDX ) * Lyten CEO expects battery cell deliveries to resume in 2026 * Deal includes Northvolt's projects in Sweden and Germany (Adds comments from bankruptcy trustee and Sweden's deputy prime minister in paragraph 5, also adds Scania in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved