British Business - Nov 9



Nov 9 (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

Bitcoin rallied towards a fresh all-time high, riding a wave of renewed momentum and boosted by inflation fears. The world's largest cryptocurrency jumped more than 7% to trade above $66,300, close to the record level of $67,017 it scaled last month. Link

SoftBank 9984.T has fallen into the red after Beijing's regulatory blitz against China's business elite knocked the valuation of technology companies. The Japanese investment giant lost 397 billion yen ($3.5 billion) in the three months to the end of September, versus a profit of $5.5 billion year earlier. Link

The Guardian

The independent inquiry into how hundreds of post office workers were wrongfully accused of theft, fraud and false accounting as a result of computer errors has been urged to demand immediate compensation for those affected. Link

JD Sports JD.L has described the covert filming of its executive chairman, Peter Cowgill, as "highly irregular and potentially illegal" and denied any wrongdoing after the footage captured a meeting between the businessman and his counterpart at Footasylum, the trainer retailer. Link

The Telegraph

The British satellite operator Inmarsat is to be sold on to a U.S. rival for $7.3 billion (5.4 billion pounds) only two years after it was taken private by buyout firms on hopes of a boom in sales of broadband connections to air travellers. Link

The chairman of ITV ITV.L Sir Peter Bazalgette is facing an investor rebellion over his role at an obscure investment trust amid claims that he and other directors have presided over a corporate governance fiasco. He is under fire over his 17,500 pounds-a-year role as independent director at Edge Performance Venture Capital Trust (VCT) EDGH.L . Link

Sky News

Small nuclear reactors will get a 210 million pounds government investment boost in the hope of moving to clean household energy "more quickly". Link

French prosecutors have launched an investigation into Sanjeev Gupta's business dealings as trouble grows for the steel tycoon. Link

The Independent

Tesla's TSLA.O share price fell on Monday, wiping billions of dollars from the company's valuation in seconds after founder Elon Musk signalled he may sell a big stake. Link

(Compiled by Bengaluru newsroom)


Mga Kaugnay na Asset


Pinakabagong Balita

Factors to watch - May 22


Ukraine rules out ceasefire as fighting intensifies in Donbas

G

TABLE: India rejigs tax to tame inflation


India removes import duty on coking coal, anthracite


Motor racing-Ferrari's Leclerc puts in a late flyer for pole in Spain

F

Disclaimer: Ang mga kabilang sa XM Group ay nagbibigay lang ng serbisyo sa pagpapatupad at pag-access sa aming Online Trading Facility, kung saan pinapahintulutan nito ang pagtingin at/o paggamit sa nilalaman na makikita sa website o sa pamamagitan nito, at walang layuning palitan o palawigin ito, at hindi din ito papalitan o papalawigin. Ang naturang pag-access at paggamit ay palaging alinsunod sa: (i) Mga Tuntunin at Kundisyon; (ii) Mga Babala sa Risk; at (iii) Kabuuang Disclaimer. Kaya naman ang naturang nilalaman ay ituturing na pangkalahatang impormasyon lamang. Mangyaring isaalang-alang na ang mga nilalaman ng aming Online Trading Facility ay hindi paglikom, o alok, para magsagawa ng anumang transaksyon sa mga pinansyal na market. Ang pag-trade sa alinmang pinansyal na market ay nagtataglay ng mataas na lebel ng risk sa iyong kapital.

Lahat ng materyales na nakalathala sa aming Online Trading Facility ay nakalaan para sa layuning edukasyonal/pang-impormasyon lamang at hindi naglalaman – at hindi dapat ituring bilang naglalaman – ng payo at rekomendasyon na pangpinansyal, tungkol sa buwis sa pag-i-invest, o pang-trade, o tala ng aming presyo sa pag-trade, o alok para sa, o paglikom ng, transaksyon sa alinmang pinansyal na instrument o hindi ginustong pinansyal na promosyon.

Sa anumang nilalaman na galing sa ikatlong partido, pati na ang mga nilalaman na inihanda ng XM, ang mga naturang opinyon, balita, pananaliksik, pag-analisa, presyo, ibang impormasyon o link sa ibang mga site na makikita sa website na ito ay ibibigay tulad ng nandoon, bilang pangkalahatang komentaryo sa market at hindi ito nagtataglay ng payo sa pag-i-invest. Kung ang alinmang nilalaman nito ay itinuring bilang pananaliksik sa pag-i-invest, kailangan mong isaalang-alang at tanggapin na hindi ito inilaan at inihanda alinsunod sa mga legal na pangangailangan na idinisenyo para maisulong ang pagsasarili ng pananaliksik sa pag-i-invest, at dahil dito ituturing ito na komunikasyon sa marketing sa ilalim ng mga kaugnay na batas at regulasyon. Mangyaring siguruhin na nabasa at naintindihan mo ang aming Notipikasyon sa Hindi Independyenteng Pananaliksik sa Pag-i-invest at Babala sa Risk na may kinalaman sa impormasyong nakalagay sa itaas, na maa-access dito.

Gumagamit kami ng cookies para mabigyan ka ng mahusay na karanasan sa aming website. Magbasa pa o palitan ang iyong cookie settings.

Babala sa Risk: Maaaring malugi ang iyong kapital. Maaaring hindi nababagay sa lahat ang mga produktong naka-leverage. Mangyaring isaalang-alang ang aming Pahayag sa Risk.