Santander’s higher provisions and costs overshadow Q3 beat

By Jesús Aguado MADRID (Reuters) – Higher loan loss provisions in some of Santander’s key markets, such as Brazil and the United States, and a rise in costs overshadowed better than expected third-quarter earnings at the Spanish bank, knocking its shares on Wednesday. Strong profitability in the Americas still helped …

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Della Valle family scraps Tod’s buyout, shares plunge

MILAN (Reuters) -The founding family of Italian luxury shoemaker Tod’s said on Wednesday it would not proceed with a planned buyout of the company after failing to reach the 90% ownership threshold needed to take it private. All shares tendered in the offer would be returned to their holders, the …

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When is the best time to use the Post Office?

A Post Office sign in England (Getty Images/iStockphoto) As Christmas draws ever closer, many Britons are starting to think about sending cards and presents to their loved ones ahead of the big day. But the festive season is always a busy time for the Post Office, and with planned Royal …

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UK Border Force strike: ISU union votes to strike over pay

The ISU union is threatening industrial action which could cause long delays at airports and ports this Christmas The ISU union, which represents 3,500 Border Force, immigration enforcement and visa officers, rejected the Home Office’s offer of a 3% pay rise and are balloting to strike over pay. The move …

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