British Business - Aug 14
Aug 14 (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
- Flutter Entertainment FLTRF.L is set to buy Betnacional, Brazil's biggest gaming operator for about 1 billion pounds ($1.29 billion).
The Guardian
- British homebuilder Bellway BWY.L has walked away from a 720 million pounds takeover bid for its smaller rival Crest Nicholson CRST.L after months of negotiations.
- The owner of the beauty brand Avon in the UK, Europe and Latin America has filed for bankruptcy as it tries to off-load more than $1 billion of debt, including millions of dollars in liabilities linked to lawsuits alleging that talc in its products caused cancer.
The Telegraph
- Post Office's IT chief is stepping down after overseeing a botched attempt to replace the company's controversial Horizon software.
Sky News
- Britain's energy regulator Ofgem on Tuesday approved the 3.4 billion pounds project for a 2 gigawatt electricity 'Superhighway' from Scotland to Yorkshire.
($1 = 0.7778 pounds)
(Compiled by Bengaluru newsroom)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
