PRESS DIGEST-British Business - July 30

Reuters2021-07-30

July 30 (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

- Amazon.com Inc signalled last night that its breakneck growth will slow over the coming months as people emerge from pandemic restrictions.

- Sales of AstraZeneca Plc's COVID-19 vaccine have risen above $1 billion this year, putting the jab among the London-listed company's biggest-selling products.

The Guardian

- Royal Dutch Shell Plc has no plans to change its strategy despite a landmark Netherlands court ruling calling for the company to make a 45% cut to its carbon emissions by the end of the decade, according to the oil giant's chief executive officer Ben van Beurden.

- Lloyds Banking Group Plc has swung back to profit and reinstated dividend payments, after receding COVID-19 risks helped improve the UK's economic outlook.

The Telegraph

- GB News is searching for a new chief of staff to help mastermind a comeback from sliding ratings and the departure of its programming head.

- M&G, one of the major WM Morrison Supermarkets Plc

shareholder has spoken out against the 9.5 billion pounds ($13.26 billion) takeover bid for the supermarket by the U.S. private equity firm Fortress, as doubts grow over the deal.

Sky News

- Streaming platform Peacock, which is the home to NBC shows and Universal films in the United States, will roll out later this year to almost 20 million Sky and NOW customers in the UK at no additional cost.

- Paulson & Co, an investment fund, is ploughing 15 million pounds into Snoop, the money-saving app founded by Dame Jayne-Anne Gadhia, the former Virgin Money chief.

($1 = 0.7162 pounds)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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