🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

PRESS DIGEST- British Business - Sept. 25

Published 25/09/2019, 11:32 am
© Reuters.  PRESS DIGEST- British Business - Sept. 25
AMZN
-
VOWG_p
-

Sept 25 - 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

- Volkswagen (DE:VOWG_p) AG VOWG_p.DE chief Herbert Diess and chairman Hans Dieter Pötsch have been accused of deliberately withholding sensitive information from investors during the height of the emissions-cheating scandal in 2015. https:// European tourism group TUI AG TUIGn.DE said that it was assessing its capacity needs for next summer and was talking to Thomas Cook Group Plc's TCG.L hotel partners with a view to signing up some of them. https:// Guardian

- Amazon.com Inc (NASDAQ:AMZN) AMZN.O has refused to pull merchandise in support of Tommy Robinson, a former English Defence League (EDL) leader, after it and other online companies were accused of profiting from products promoting far-right extremism. https:// Wrightbus Limited, one of Northern Ireland's largest employers with 1,400 staff, is expected to slump into administration after failing to secure an eleventh-hour rescue deal. https:// Telegraph

- Neil Woodford is gearing up to ditch his stake of 142 million shares in healthcare investor IP Group IPO.L , two weeks after the company b lamed the troubled fund manager for its sluggish half-year performance. https:// Marks & Spencers Group Plc MKS.L is parting ways with its head of supply chain and logistics for its clothing and home arm Gordon Mowat, after two years in the role. https:// News

- WeWork's CEO Adam Neumann has stepped down following mounting pressure from investors. https:// Uber Technologies Inc UBER.N has been granted a new licence to continue operating in London, but it has been limited to two months because of passenger safety concerns. https:// Independent

- Australia's financial crime agency Austrac has ordered an audit of online payments company Paypal's PYPL.O Australian arm following concerns about its compliance with obligations on financial firms to report to the agency the transfer of funds or property to and from Australia. https://

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.