SpaceX Inc is pursuing a fundraising exercise that would value the company at around $127 billion, CNBC reported. Citing a company email, CNBC said the space venture is looking to add $1.725 billion in new capital, at $70 per share. The move comes after SpaceX split its stock price 10-for-1 …
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Royal Mail has warned that stamp and parcel prices may rise again. First-class stamps increased by 10p to 95p last month, while second-class stamps increased by 2p to 68p. However, with Royal Mail warning of “significant headwinds,” it appears that Brits will be spending more money on letters and parcels. …
Read More »As regular life resumes in fits and starts, Royal Mail is feeling the squeeze. This is partly because everybody’s squeezed, but partly because deliveries are down , and from this it would seem that the new normal is steadily returning to the old normal. If you have observed the younger …
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That will take total government borrowing to £2.3 trillion. The interest payments on the stock of government debt will be about £7.5 billion, which takes the total for the year to April to £71.5 billion. It is rising due to increases in RPI inflation, to which index-linked gilts are pegged. …
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Taking an underground train is hardly a new experience for Londoners. Most of us hop on the Tube every day to get between home and work, work and play, or back to bed, and these journeys are often cramped, normally sweat-inducing and nearly always made alongside at least one person …
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Prince Andrew is expected to appear alongside the Queen for Garter Day at Windsor Castle on June 13 despite the fallout of his sex abuse scandal and ties to paedophile Jeffrey Epstein. The Duke of York will take part in the ceremony alongside other senior royals on what is one …
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There have been calls for TransPennine Express to be stripped of the West Coast Main Line franchise. Passengers using the operator to get to and from Lockerbie have been hit by frequent cancellations in recent years. And that continued at the weekend, with some services cancelled or terminated early. Rail …
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US futures were in the green ahead of the bell on Monday as market participants look to try to reclaim recent losses following what has been an extended and relentless sell-off on the Street. As of 1220 BST, Dow Jones futures were up 0.85%, while S&P 500 and Nasdaq-100 futures …
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Tottenham are expected to back Antonio Conte in the transfer market this summer as they try to challenge at the top table of English football again. Spurs booked their return to the Champions League after a 5-0 win at Norwich on the final day of the season, completing an achievement …
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Sin stocks safer than houses Are high yields a sign of risk or value? Recessionary fears are mounting and the tide of cheap money that flooded financial markets in the pandemic is receding as central banks tighten monetary policy to combat inflation. It’s no surprise therefore that earnings per share …
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