Press Digest: British Business - Oct. 13

Restaurant

13/10/2023 01:31

Oct 13 (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
    - A judge has backed Virgin Group's claim for unpaid royalty
fees from a US train operator when a 20-year branding deal was
ditched after just 18 months.
    - Television production companies including the BBC and ITV
 ITV.L  face an investigation over possible cartel-like
behaviour in their work with freelancers.
    
    
    The Guardian
    - Philip Morris International (PMI)  PM.N , the tobacco and
vaping company behind Marlboro cigarettes, is waging a big
lobbying campaign to prevent countries from cracking down on
vapes and similar products as part of a global treaty, a leaked
email reveals.
    - The owner of Frankie & Benny's and Wagamama, the
Restaurant Group  RTN.L , will be taken private after it
accepted a 506 million pound ($616.66 million) takeover offer
from the U.S. buyout group Apollo.
    
        
    The Telegraph
    - Households could be forced to pay an extra £17 to protect
gas and electric suppliers from collapsing, regulator Ofgem has
warned, as customers' energy debts hit a record 2.6 billion
pounds.
    - EasyJet  EZJ.L  plans to order up to 257 new aircraft and
resume dividend payments to shareholders after making a record
profit this summer.
    
    
    
    Sky News
    - The Israel-Hamas war is a "new cloud" on the horizon that
threatens to darken an already murky global economic outlook,
the head of the International Monetary Fund has warned.


($1 = 0.8205 pounds)
    

 (Compiled by Bengaluru newsroom)
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