Royal Mail expands in Canada with £210.5m takeover

ROYAL Mail’s international subsidiary General Logistics Systems (GLS) has bought Canadian logistics business Rosenau Transport for £210.5million to become a major force in the north American delivery sector. The deal will see GLS expand its presence across the country, particularly in the west of Canada, and allow the company to …

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Oil prices lift FTSE as US jobs report disappoints

London’s top index was lifted by its oil majors and mining giants on Friday as it shrugged off disappointing jobs figures out of the US. The FTSE 100 had added 0.3% to its value by the end of the day, despite US non-farm payrolls significantly undershooting expectations. It ended up …

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