PRESS DIGEST-British Business - March 4

March 4 (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

- British investment firm Rosebank Industries ROSE.L said it will acquire MW Components and CPM, two U.S.-based industrial businesses, in a deal worth $3.05 billion.

- Rothschild-backed investor RIT Capital Partners RCP.L said the value of its stake in Elon Musk’s SpaceX had risen to over 100 million pounds ($133.26 million) by the end of last year.

The Guardian

- Middle East carriers such as Etihad Airways and Emirates have ruled out resuming scheduled flights until at least Thursday as the US-Israeli war on Iran continues.

The Telegraph

- Britain's public broadcaster BBC’s chief operating officer has resigned, becoming the third senior executive departure at the broadcaster in four months, as the corporation pushes ahead with a cost-cutting drive.

- Banijay Group BNJ.AS and All3Media, owned by investment firm RedBird IMI, have agreed to merge their entertainment production businesses to create one of Europe’s largest multimedia production groups.

Sky News

- British startup Vivox AI has secured 1.3 million pounds from a syndicate of investors, including Axel Weber, former president of the German central bank and ex-chairman of UBS UBSG.S.

The Independent

- Retail giant Marks & Spencer MKS.L has withdrawn its commitment to pay workers in line with the real living wage, despite announcing a pay increase for its 55,000 store employees.

- Thousands of Tesco TSCO.L employees are set to receive a substantial financial boost, with a 134 million pound windfall from the supermarket giant's share scheme.

($1 = 0.7504 pounds)