Jan 7 (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
Rank Group RNK.L, the operator of Mecca Bingo and Grosvenor Casinos, has begun a search for a new chief executive after John O’Reilly announced he was stepping down from the top job after seven-and-a-half years.
American companies, including Microsoft MSFT.O and McKinsey, have paidup to $1 million to sponsor “USA House” at the World Economic Forum in Davos this month, which will host President Trump for the first time in six years.
The Guardian
Fujitsu’s European boss has told British lawmakers the company is “not a parasite”, after being criticised for continuing to make hundreds of millions of pounds from UK government contracts while refusing to give a compensation figure for victims of the Post Office Horizon IT scandal.
The Telegraph
Faculty, a London technology business that provides AI tools for the public sector and businesses, said it had agreed to be acquired by Accenture ACN.N, the U.S.-listed consulting giant in a $1 billion (739.97 million pounds) deal.
Sky News
Private equity firm Advent International is spearheading a multibillion-euro takeover bid for InPost INPST.AS, the owner of British parcel delivery firm Yodel.
(1 British pound = $1.3514)
(Compiled by Bengaluru newsroom)
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