PRESS DIGEST-British Business - April 12

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 12 (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


A cash sweetener has been added by Glencore in its $22.5 billion bid for Teck Resources , with the FTSE 100 miner and commodities trader urging the Canadian group's board to delay an impending vote on a restructuring.


BP has bought a 40% stake in Harbour Energy's proposed carbon capture and storage (CCS) project in the Humber after it was earmarked for government funding.


The Guardian


An ad campaign by Etihad Airways trumpeting its approach to "sustainable aviation" has been banned by the UK advertising watchdog, which ruled it was misleading consumers over the environmental impact of flying.


Elizabeth Holmes must begin her more than 11-year prison sentence on April 27 after a federal judge denied the disgraced Theranos founder's request to remain free while she appeals her conviction.


The Telegraph


Tesla is in advanced talks to snap up part of a vast warehouse site in Milton Keynes as Elon Musk seeks to accelerate sales of its electric cars in Britain.


Britain will still be the worst-performing large economy in the world this year, even after a significant upgrade in its forecasts, according to the International Monetary Fund (IMF).


Sky News


Hometree, a residential energy services provider is tapping an arm of the insurance giant Legal & General (L&G) for fresh funding after sealing the purchase of a green home improvement platform. (Compiled by Bengaluru newsroom)

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