Wednesday newspaper round-up: Wimbledon, Binance, Nvidia

(Sharecast News) - Tax officials are understood to be examining whether David Cameron failed to fully disclose taxable perks such as flights on private planes when he worked for the collapsed lender Greensill Capital, the Guardian can reveal. In particular, officials are said to be looking at a number of flights that took off or landed near his house in Oxfordshire and also in Cornwall, where the foreign secretary has a holiday home. They are also examining an offshore trust that it is understood was created by Greensill to pay him extra benefits. - Guardian A London council has rejected plans to build a new 8,000-seat stadium and 38 further tennis courts on a Grade II*-listed park in Wimbledon. Wandsworth council's planning committee on Tuesday night voted unanimously to reject the All England Lawn Tennis Club's plans to almost triple the size of the tennis championship grounds from 17 hectares (42 acres) to 46 hectares. - Guardian

Civil service bureaucracy is acting "like a tax" on the economy and must be overhauled to close a £50bn-a-year investment gap between the UK and other rich nations, according to a major government review. Lord Harrington, who was commissioned by Jeremy Hunt to lead a report into UK foreign direct investment (FDI), will warn on Wednesday that a revolving door of senior ministers and "willing amateur" civil servants are holding back the economy. - Telegraph

The boss of the world's biggest cryptocurrency exchange has pleaded guilty to money-laundering charges and will pay a $50 million fine as part of a $4 billion-plus settlement to resolve a lengthy inquiry by American prosecutors. Changpeng Zhao, 46, the co-founder and chief executive of Binance, will step down from the company and will plead guilty to breaking criminal laws in a deal with the US justice department as part of a large settlement between the exchange and other agencies, including the Commodity Futures Trading Commission and the US Treasury. - The Times

Investors in Nvidia cashed in profits last night despite the chip producer's third-quarter results impressively beating forecasts on Wall Street. The stock, which has risen by almost 250 per cent since the start of the year, dipped 4 per cent immediately after the company said its revenue had risen to $18.12 billion in the three-month period, outstripping analysts' predictions of $16.18 billion and representing an increase of 206 per cent from only a year ago. The selling spree was brief, however, and the shares pared early losses. They were down 0.8 per cent, or $3.69, at $495.55 in after-hours trading last night. - The Times