(Bloomberg) — Royal Mail Plc agreed to purchase Canada’s Mid-Nite Sun Transportation Ltd. for C$360 million ($287 million) to expand in North America. The acquisition will add to earnings in the current fiscal year, Royal Mail said Friday in a statement. Mid-Nite Sun will become part of London-based Royal Mail’s …
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STORY CONTINUES BELOW THESE SALTWIRE VIDEOS (Reuters) – Canada’s main stock index gained on Friday as energy stocks jumped on higher oil prices, while a surge in employment numbers to pre-pandemic levels signalled a strong economic recovery. The Canadian economy posted a monster jobs gain in September, putting inflation back …
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R OYAL Mail is tapping into the worldwide surge in online shopping with the £210 million acquisition of one of Canada’s biggest trucking firms. The delivery group’s overseas freight arm GLS International is picking up family-owned freight group Rosenau Transport to expand operations in North America’s $25 billion parcel market, …
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The owner of Brighton Pier and the Lightwater Valley theme park has settled £5 million of business interruption claims with its insurers after being forced to close during the pandemic. Brighton Pier Group saw shares surge by around a quarter in early trading on Friday after it confirmed the settlement. …
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FTSE 100 opened in the green as investors were relieved by the US approval of a temporary lift to the US$28 trillion debt limit to avoid a default. London’s main index added 14 points to 7,092 in early trading. Business Secretary Kwasi Kwarteng is scheduled to meet representatives of …
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FTSE 100 Edges Higher Ahead of US Job Data 0759 GMT – The FTSE 100 edges 0.1%, or 10 points higher to 7088 as investors sit tight ahead of U.S. non-farm payrolls later. Oil stocks are among the biggest top-flight risers as the price of a barrel of Brent crude …
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London stocks rose in early trade on Friday after the US Senate approved a deal to raise the debt ceiling, but gains were unspectacular as investors eyed the release of the latest US non-farm payrolls report. At 0825 BST, the FTSE 100 was up 0.3% at 7,097.63. Richard Hunter, head …
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Reliable broadband should be available to everyone, the MS for Clwyd South has told the Senedd. Ken Skates asked for an update on how the Welsh Government is helping to connect more businesses and homes across the region on Wednesday, October 6. It comes as residents across his constituency struggle …
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London’s blue chips have lost some of their early oomph as traders eye the important US non-farm payrolls report later FTSE 100 drops 3 points Travel stocks lifted by red list news Shell shares continue rally The Footsie has dropped into the red, as the early momentum in …
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Around 20,000 seasonal roles are available across the UK in Royal Mail and Parcelforce Worldwide, primarily to help sort the additional Christmas volumes of parcels, cards and letters. Positions are available from the end of this month through until early January. The peak of the additional temporary work will be …
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