British Business - August 6
SPY•The Independent
- Betting giant Flutter Entertainment FLUT.N named company veteran and head of its international division Dan Taylor as incoming CEO on Wednesday, succeeding Peter Jackson who said he and the board had agreed it was the right time for new leadership.
The Telegraph and Sky News
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John Lewis chair has warned retailers are facing "really tough" trading conditions that threaten to undermine the department store's turnaround.
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Prudential PRU.L, HSBC HSBA.L and Standard Chartered STAN.L, which all make significant sums in Asia, shed nearly £26 billion ($35.01 billion) on Wednesday after reports that Chinese tax authorities had started charging income tax on offshore insurance policies.
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Investment firm Aurelius has entered exclusive talks to buy Hain Daniels, the European arm of U.S. parent Hain Celestial.
The Times and The Guardian
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London-listed miner Glencore GLEN.L is a secondary listing in Sydney, raising fresh questions over London's status as the home for global resources companies.
