Press Digest: British Business - April 3

BenevolentAI SA

03/04/2024 01:22

April 3 (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 executive who was in charge of Heathrow's troubled
return to operations after the pandemic and during its rows with
airlines over take-off and landing fees, Emma Gilthrope, has
been appointed as Royal Mail's new chief executive.
    
    
    The Guardian
    
    - A bond issued by Thames Water's parent company has fallen
to record lows as the embattled company scrambles to secure its
future, and the government signalled it is "ready to step in if
necessary".
  
        
    The Telegraph
    - Amazon  AMZN.O  is scrapping its "just walk out"
technology in the US after years of trying to gain traction for
its checkout-free offer.

    
    Sky News
    
    - Abu Dhabi-backed investment fund RedBird IMI is lining up
a U.S.-based bank in its bid to buy The Daily Telegraph.
    
    - Scotland could become the first nation in the UK to ban
egg companies from keeping chickens in cages.
    
    - BenevolentAI  BAI.AS , a British-based drug developer, is
facing a boardroom coup led by its founder after seeing its
shares slump since it floated little more than two years ago.
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))