The Times - More than 300,000 investors in former star stock picker Neil Woodford's equity income fund are to receive about 235 million pounds ($292.20 million) in compensation to cover losses from when his company collapsed, the Financial Conduct Authority said.
- Sweden's IKEA will invest $2.2 billion in the United States over the next three years, its biggest investment in a single country.
The Guardian - British outsourcing company Capita has for the first time admitted that hackers accessed potential customer, staff and supplier data during a cyber-attack last month.
The Telegraph - The UK Ministry of Defence is locked in a row with a British engineering company Babcock over who should pay for the surging cost of Britain's next-generation warships.
Sky News - Privately owned company Holiday Extras, which sells airport transfers and travel insurance, is drawing up plans for a possible future listing.
- British shopping center owner Hammerson PLC is
close to agreeing a deal with France's Unibail-Rodamco-Westfield to sell its holding in a joint venture between the two
groups.
($1 = 0.8042 pounds)
(Compiled by Bengaluru newsroom)
