Press Digest: British Business - June 22

Del Monte Pacific

22/06/2023 24:48

June 22 (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 US Virgin Islands granted Jeffrey Epstein tax
incentives worth more than $300 million and waived sex offender
monitoring requirements, JP Morgan  JPM.N  has claimed.
    
    - Christopher Kane's label has called in advisers at FTS
Recovery to seek a buyer or find a partner to refinance its
debts in an attempt to avoid full liquidation.
    
    The Guardian
    - The U.S. Federal Trade Commission has sued Amazon  AMZN.O 
for what it called a years-long effort to enrol consumers
without consent into its paid subscription programme, Amazon
Prime, and making it hard for them to cancel.
    
    The Telegraph
    - TV viewers will be able to "game" streaming services and
binge-watch shows for free under new laws aimed at clamping down
on tech giants, Disney  DIS.N  has warned.
        
    Sky News
    - Mumtalakat, Bahrain's state investment fund, is buying 400
million pounds ($510.84 million) of preference shares and
warrants in McLaren, acquired by the Public Investment Fund and
Ares  ARES.N  in 2021.
    
    - Volex  VLX.L  will announce on Thursday that it has struck
a roughly 137 million pound ($174.96 million) deal to buy Murat
Ticaret, a Turkish manufacturer of complex wire harnesses.   
    
    The Independent
    - RMT general secretary Mick Lynch said more rail strikes
are 'fairly certain' with talks deadlocked after a year. 
    

($1 = 0.7830 pounds)

 (Compiled by Bengaluru newsroom)
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