PRESS DIGEST- British Business - Sept 28
Sept 28 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.
HELSINKI, April 28 Finland's Rovio Entertainment, the maker of the Angry Birds game, said on Monday its operating profit halved last year due to investments in its animation business.
After a global breakthrough of its smartphone game in which players use a slingshot to attack pigs who steal the birds' eggs, Rovio has expanded the Angry Birds brand into an animated TV series and merchandising of toys and clothing.
Rovio said its revenue was roughly flat last year at 156 million euros ($216 million) while operating profit fell to 36.5 million euros from 76.8 million in 2012. ($1 = 0.7227 Euros) (Reporting By Jussi Rosendahl; editing by Keiron Henderson)
NEW YORK, Sept 27 More than a decade after he was sued over accounting fraud, former American International Group Inc Chairman Maurice "Hank" Greenberg on Tuesday took the witness stand to defend himself, repeatedly describing one claim against him as "only a small part" of the insurer's business.
GUADALAJARA, Mexico, Sept 27 SpaceX is developing a massive rocket and capsule to transport large numbers of people and cargo to Mars with the ultimate goal of colonizing the planet, company chief and tech billionaire Elon Musk said on Tuesday.