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
– The chief executives of Facebook Inc, Amazon.com Inc, Alphabet Inc’s Google and Apple Inc faced accusations in Congress on Wednesday that they are damaging the United States’ democracy, grievously wounding the country’s economy and operating like a private government. https://bit.ly/33dR9TP
– Boeing Co is to stop making its 747 jumbo jets after the Covid-19 pandemic and the grounding of the 737 Max pushed it deep into the red. https://bit.ly/3gc9HY7
The Guardian
– Hedge fund billionaire Sir Chris Hohn has been ordered to pay 270 million pounds ($350.35 million) to a charity setup by his ex-wife Jamie Cooper in the latest chapter of their divorce. https://bit.ly/3jSawr8
– The UK government is expanding its Covid-19 rescue loan scheme to cover small businesses on the edge of collapse, a move that Labour warned would come too late for many troubled firms. https://bit.ly/31eqqUz
The Telegraph
– Crucial vaccination programmes have ground to a halt during lockdowns around the world, drug maker GlaxoSmithKline Plc warned as it struck a deal with British ministers for 60 million doses of its potential COVID-19 jab. https://bit.ly/337Iv9l
Sky News
– Heathrow Airport is proposing a regime of testing in a bid to reduce 14-day quarantines and get people travelling as the travel sector suffers under the strain of the coronavirus crisis. https://bit.ly/2X8qtQp
($1 = 0.7707 pounds) (Compiled by Bengaluru newsroom)
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