Automated delivery management platform Evermile raises £4.8m

London-based delivery tech startup Evermile has raised $6m (£4.8m) in seed funding to grow its platform that automates the distribution of products from businesses. Evermile was founded to simplify the process of companies shipping products to customers. According to the company, the challenge of managing external vendors, such as DPD …

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European Central Bank chief warns of global fragmentation

The president of the European Central Bank, Christine Lagarde, has joined a growing chorus of voices warning that the fragmentation of the world economy could have significant effects on the international financial system and economic growth as well as promoting inflation. Christine Lagarde, president of the ECB, speaking at the …

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here’s why Royal Mail is still uninvestable

2023-04-20 03:46:40 ET The International Distributions Services (LON: IDS) share price has made a slow recovery in the past few weeks. Shares of the Royal Mail parent company rose to 255p on Wednesday, which was ~42% above the lowest level. Still, there are concerns about whether these gains will hold …

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Capita reveals evidence of data breach in cyber attack

The group – a major contractor for local authorities – said investigations since the hack was discovered on March 31 have shown evidence of a “limited” data breach. It said this “might include customer, supplier or colleague data”. “Capita continues to work through its forensic investigations and will inform any …

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