British Business - July 6
July 5 (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.
- Toni Versluijs, chief executive of Nexperia, the Chinese-owned semiconductor firm that bought Britain's largest microchip manufacturer Newport Wafer Fab last year, has called for a swift decision on the future of the business. Link
- Sajid Javid told Boris Johnson he was wrecking the Conservative reputation for competence in a resignation letter that accused the prime minister of being unable to change. Link
- Logistics firm DHL is to expand in the UK in response to the growth in home deliveries, setting up new depots and enlarging others, which will create more than 4,000 jobs. Link
- Mars Inc, the owner of pet food brands Whiskas, Dreamies and Pedigree has paused supplies to Tesco TSCO.L in a new row over price rises. Link
- Norway has moved to prevent strikes that would have put Britain's gas supplies at risk. Link
- CureVac 5CV.DE has filed a patent lawsuit in Germany against BioNTech 22UAy.DE over its use of mRNA technology, marking one of the first known cases of a company going to court amid the fierce competition to develop a vaccine against the coronavirus. Link
- British Airways has cancelled 11% of flights during the summer holiday peak in the hope of avoiding a repeat of the airport disruption witnessed earlier this year. Link
- The Bank of England has told lenders to prepare for a "deteriorated economic outlook". Link
- The UK economy was left rudderless on Tuesday night after Rishi Sunak dramatically resigned from his position as Chancellor of the Exchequer. Link (Compiled by Bengaluru newsroom)
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