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PRESS DIGEST-British Business - Dec. 30

reuters.com · 12/29/2021 20:20
PRESS DIGEST-British Business - Dec. 30

- 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

- Vale SA VALE said it is in negotiations with Anglo American plc NGLOY to share the development risks and costs of working Vale's Serpentina iron ore field. https://bit.ly/3eCcj2q

- A 350 million pounds ($472.36 million) private equity-backed project to prevent the closure of GlaxoSmithKline plc's GSK manufacturing plant in Ulverston has "fallen over". https://bit.ly/3sJ0xLH

The Guardian

- European startup Northvolt produced its first lithium ion battery cell at a plant in northern Sweden. https://bit.ly/3eA1k9K

The Telegraph

- British health minister Sajid Javid has told MPs there will be "no quick fix" to the growing Covid testing crisis, with officials warning that the system will be overwhelmed within days. https://bit.ly/32MCK2p

The Independent

- Britain has tapped Qatar as an informal natural gas supplier of last resort in the face of soaring gas prices. https://bit.ly/3ExZGji

($1 = 0.7410 pounds)

(Compiled by Bengaluru newsroom)