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PRESS DIGEST-British Business - Sept 11
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PRESS DIGEST-British Business - Sept 11
Sep 11, 2024 5:05 AM

Sept 11 (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

- Egypt-focused gold miner Centamin ( CELTF ) is set to become

the latest mining company to leave the London stock market after

it agreed to a takeover from AngloGold Ashanti ( AU ).

- Glencore's ( GLCNF ) former head of oil Alex Beard appeared

in a London court on Tuesday to face bribery charges relating to

the Swiss commodity trader's operations in Africa.

The Guardian

- Internet giant Amazon's ( AMZN ) cloud computing arm,

Amazon Web Services, said on Wednesday that it plans to spend 8

billion pounds ($10.46 billion) in the United Kingdom over the

next five years to build, operate and maintain data centres.

- British hedge fund founder Paul Marshall has bought The

Spectator political magazine for 100 million pounds ($130.70

million), seller RedBird IMI said on Tuesday.

The Telegraph

- Apple ( AAPL ) has been ordered to pay 13 billion euros

($14.35 billion) to Ireland after losing a decade-long fight

with the European Union over "sweetheart" tax breaks.

- BMW will recall about 1.5 million vehicles over

problems with their brakes, wiping 4.3 billion euros ($4.75

billion) off the value of the German carmaker.

Sky News

- Representatives of Britain's small businesses will hold

talks with ministers this week amid a mounting backlash against

government plans to reform workers' rights.

($1 = 0.7651 pounds)

($1 = 0.9061 euros)

(Compiled by Bengaluru newsroom)

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