Advertisement
Singapore markets close in 34 minutes

  • Straits Times Index

    3,409.40
    -30.48 (-0.89%)
     

  • Nikkei

    40,912.37
    -1.28 (-0.00%)
     

  • Hang Seng

    17,799.61
    -228.67 (-1.27%)
     

  • FTSE 100

    8,257.87
    +16.61 (+0.20%)
     

  • Bitcoin USD

    54,203.25
    -3,991.81 (-6.86%)
     

  • CMC Crypto 200

    1,127.82
    -80.87 (-6.70%)
     

  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     

  • Dow

    39,308.00
    -23.90 (-0.06%)
     

  • Nasdaq

    18,188.30
    +159.54 (+0.88%)
     

  • Gold

    2,375.80
    +6.40 (+0.27%)
     

  • Crude Oil

    84.10
    +0.22 (+0.26%)
     

  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     

  • FTSE Bursa Malaysia

    1,610.49
    -6.26 (-0.39%)
     

  • Jakarta Composite Index

    7,233.73
    +12.84 (+0.18%)
     

  • PSE Index

    6,492.75
    -14.74 (-0.23%)
     

PRESS DIGEST-British Business - Jan 26

Reuters
·2-min read

Jan 26 (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

- Britain's Haleon will sell balm brand ChapStick to a company owned by private equity firm Yellow Wood Partners for around $430 million in cash and a stake valued at around $80 million in the buyer.

- Apple announced sweeping changes that open up its App Store and operating system allowing iPhone users in European Union countries to use rival app stores, such as Google’s Play Store, and alternative payment methods on their devices.

ADVERTISEMENT

The Guardian

- Abu Dhabi-based Emirates Telecommunications' stake in mobile group Vodafone poses national security risks in terms of government contracts and cyber security, Britain has concluded, ordering Vodafone to take steps to manage the risks.

- Microsoft will let go of 1,900 employees at Activision Blizzard and Xbox this week, it said on Thursday, the latest cuts in the technology sector that has extended massive layoffs over the past years into 2024.

The Telegraph

- John Lewis has paved the way for job cuts after telling staff it will halve redundancy payouts, making it cheaper to lay off workers.

- Britain's biggest domestic bank Lloyds is cutting around 1,600 roles across its branch network as part of an overhaul to provide more services online.

Sky News

- Saga is exploring ways to release money from its ocean cruises operation which could involve selling its two flagship vessels or offloading the entire business under a licensing arrangement.

- Liontrust, a London-listed asset management group, has embarked on a search for a new chairman months after it was forced to end its pursuit of rival GAM amid disquiet among shareholders.

The Independent

- Wizz Air has announced that it will resume flights between the UK and Israel, after most carriers suspended flights to Israel in October following the start of the country’s conflict with Hamas.

(Compiled by Bengaluru newsroom)