Oct 24 (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
- London-based Synthesia, which makes hyper-realistic AI
generated video, has rejected a $3 billion takeover proposal
from the U.S. tech company Adobe.
- The U.S. Food and Drug Administration has approved a
potential blockbuster blood cancer drug developed by GSK
, in a boost to the company's sales targets.
The Guardian
- Oil major TotalEnergies misled consumers in a
2021 ad campaign claiming it could become carbon neutral by
2050, a French civil court found on Thursday, in the first
decision applying France's greenwashing law to an energy
company.
- British finance minister Rachel Reeves is considering
raising income tax in next month's budget to help reduce a
multibillion-pound deficit.
The Telegraph
- Apple ( AAPL ) has lost a major class action lawsuit in
the UK paving the way for a possible 1.5 billion-pound ($2.01
billion) compensation payout to customers.
- U.S. President Donald Trump has pardoned the convicted
founder of cryptocurrency exchange Binance as the White House
unwinds a Biden-era crackdown on the digital assets industry.
Sky News
- Alphabet's Google has agreed to invest in an
instrument that could convert into an equity stake in THG
Ingenuity, the demerged arm of British e-commerce firm THG
, at a valuation of 750 million pounds.
($1 = 0.7451 pounds)
(Compiled by Bengaluru newsroom)