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PRESS DIGEST-British Business - February 18

ReutersFeb 18, 2026 3:32 AM

- 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

Goldman Sachs GS.N is removing race, gender and other diversity-related considerations when evaluating prospective candidates for its executive board after pressure from an activist shareholder group.

The value of Toto 5332.T could be boosted by 55%, or $3.5 billion, according to Palliser Capital, if it did a better job of promoting and investing in the AI chipmaking technology it has developed in its advanced ceramics division.

The Guardian

British Steel has secured an order worth tens of millions of pounds to supply rail for a high-speed electric railway in Turkey.

The Telegraph

Elon Musk's SpaceX is bidding for a secretive contract to build swarms of voice-controlled drones for the U.S. military.

Sky News

Beauty Bay, an online retailer of cosmetics brands, is on the brink of administration amid a hunt for new investors.

The owner of Wagamama, one of Britain's most prominent casual dining chains, is exploring a sale of its transport concessions division amid tough high street trading conditions.

The Independent

Warner Bros Discovery WBD.O has said it is reopening takeover talks with Paramount Skydance PSKY.O, giving the studio giant a week to make its "best and final offer."

Royal Mail has been asked to respond to a group of MPs who raised concerns about "chaos" in the postal service since Christmas and suggestions that some letters are being delivered in "batches."

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