financetom
Business
financetom
/
Business
/
PRESS DIGEST-Financial Times - October 29
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST-Financial Times - October 29
Oct 28, 2025 8:04 PM

Oct 29 (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

- UK trade deal with Gulf states 'almost done' after Rachel

Reeves visit

- Nvidia ( NVDA ) to invest $1 billion in Nokia as chip giant extends

deal spree

- Thermo Fisher nears $10 billion takeover of drug trial

software maker Clario

- UK vows to end illegal gig economy work for migrants

Overview

- A two-day visit by Rachel Reeves to the "Davos in the

Desert" conference in Saudi Arabia has ended with claims that a

trade deal between Britain and six Gulf states is "almost done".

- Nvidia ( NVDA ) plans to invest $1 billion into telecoms

operator Nokia in a move that will see the U.S. chip

giant become one of the Finnish group's largest shareholders.

- Life sciences group Thermo Fisher is nearing an

all-cash takeover of drug trial software maker Clario in a deal

that could value the healthcare technology group at

approximately $10 billion.

- Plans to force food delivery groups and other gig economy

companies to check if those working for them are doing so

illegally will reach the next stage on Wednesday as ministers

launch a consultation on new laws.

(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 >
Baltimore port closure could dent US coal export volumes, EIA says
Baltimore port closure could dent US coal export volumes, EIA says
Mar 28, 2024
March 28 (Reuters) - Halted shipping traffic from the Port of Baltimore, the second-largest U.S. hub for coal exports, will slow the growth in U.S. coal exports and reduce bunker fuel use, the Energy Information Administration (EIA) said on Thursday. Coal exports from the busy U.S. port have been disrupted following the collapse of Baltimore's Francis Scott Key Bridge which...
Asian Equities Traded in the US as American Depositary Receipts Nudge Lower in Thursday Trading
Asian Equities Traded in the US as American Depositary Receipts Nudge Lower in Thursday Trading
Mar 28, 2024
10:47 AM EDT, 03/28/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending slightly lower Thursday morning, declining 0.1% to 1,883.95 on the S&P Asia 50 ADR Index, which looks set to end the shortened trading week more than 1% lower. From North Asia, the gainers were led by computer hardware maker Canaan (CAN)...
Tesla's Q1 Hit Hard by Soft China Demand, Marking a 'Nightmare Quarter' for Deliveries, Wedbush Says
Tesla's Q1 Hit Hard by Soft China Demand, Marking a 'Nightmare Quarter' for Deliveries, Wedbush Says
Mar 28, 2024
10:51 AM EDT, 03/28/2024 (MT Newswires) -- Tesla's (TSLA) Q1 has been a nightmare quarter as deliveries have suffered greatly due to persistently soft demand in China at the start of the year, Wedbush said in a report emailed Thursday. Supply challenges, including factory downtimes and the fire at its Berlin factory have hampered the company, the analysts said. There...
--Sandstorm Gold Keeps Quarterly Dividend at CA$0.02 Per Share, Payable April 26 to Shareholders of Record on April 16
--Sandstorm Gold Keeps Quarterly Dividend at CA$0.02 Per Share, Payable April 26 to Shareholders of Record on April 16
Mar 28, 2024
10:52 AM EDT, 03/28/2024 (MT Newswires) -- Price: 5.24, Change: +0.10, Percent Change: +1.95 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved