PRESS DIGEST-British Business - July 7
Lockheed Martin Corporation LMT | 0.00 | |
Comcast Corporation Class A CMCSA | 0.00 | |
BP PLC Sponsored ADR BP | 0.00 |
July 7 (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
Lockheed Martin LMT.N will buy naval defense company Ultra Maritime from private equity firm Advent for $3.45 billion, bolstering its portfolio as global demand for military technology surges.
Jim Ratcliffe has warned that China is unfairly dumping chemicals into the European market at unsustainable prices, accelerating the closure of the industry on the Continent.
The Guardian
A once-a-day Wegovy weight-loss pill has gone on sale at high street and online pharmacies in the UK, but is not yet available on the NHS.
The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK's AI strategy at risk.
The Telegraph
Billionaire entrepreneur Zuber Issa has agreed to buy 85 forecourts from the collapsed Prax Group as he races to build a new fuel empire.
Andy Burnham's most senior economic aide has demanded urgent reform after claiming a recent surge in levies had failed to improve public services.
Sky News
Comcast's CMCSA.O Sky has agreed to buy the broadcast channels and streaming service of Britain's ITV ITV.L for £1.6 billion ($2.14 billion), creating a British champion to compete with global players YouTube, Netflix, Amazon and Disney.
BP's BP.L interim chair Ian Tyler has indicated interest in taking on the chairman role on a permanent basis
($1 = 0.7469 pounds)
