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PRESS DIGEST-British Business - November 4
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PRESS DIGEST-British Business - November 4
Nov 3, 2025 8:39 PM

Nov 4 (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

- BP has agreed to sell minority stakes in its U.S.

onshore oil and gas pipeline assets in the Permian and Eagle

Ford basins to investment firm Sixth Street for $1.5 billion.

- Italian prosecutors seized 1.3 billion euros ($1.52

billion) in shares from Campari owner Lagfin over

alleged 5.3 billion euros in undeclared capital gains and unpaid

exit tax.

The Guardian

- Ryanair CEO Michael O'Leary warned the British

economy is "doomed" under the Labour government of Chancellor

Rachel Reeves, urging tax cuts to spur growth.

The Telegraph

- Chinese owners of British semiconductor maker Dynex

Semiconductor have halted production of high-voltage chips at

its Lincoln factory and shifted operations to expanding

facilities in China.

Sky News

- British buyout firm Epiris is in talks to acquire a bundle

of subsidiaries from marketing services group Next 15,

including MHP Communications, for about 230 million pounds

($308.68 million).

($1 = 0.7451 pounds)

($1 = 0.8575 euros)

(Compiled by Bengaluru newsroom)

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