Press Digest: British Business - Dec. 6
06/12/2023 24:56
Dec 6 (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 London Stock Exchange LSEG.L suffered two
interruptions on Tuesday, hitting trading in hundreds of small
listed companies in the latest glitch.
- The Confederation of British Industry said on Tuesday that
Rupert Soames will succeed Brian McBride as the business group's
president early next year.
The Guardian
- Facebook's parent Meta META.O and IBM IBM.N on Tuesday
launched a new group called the AI Alliance advocating for an
"open-science" approach to artificial intelligence development.
The Telegraph
- UAE's Masdar has bought a minority stake in UK's largest
wind farms East Anglia Three offshore wind farm from Spanish
developer Iberdrola.
Sky News
- Trive Capital, a US-based buyout firm, is in advanced
talks to buy Ten Entertainment TEG.L with a deal expected to
be worth in the region of 300 million pounds ($377.85 million).
- Units of Barclays BARC.L and Shell SHEL.L are
participating in a 9 million pounds ($11.34 million) Series A
funding round to Agricarbon, a soil carbon measurement company.
The Independent
- UK Home secretary James Cleverly has hailed yet another
deal with Rwanda as the way to rescue the government's thwarted
plan to stop the boats.
($1 = 0.7940 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))