[ad_1] This content was published on November 19, 2020 – 17:02 November 19, 2020 – 17:02 (Bloomberg) — European equities fell from an almost nine-month high as investors weighed rising coronavirus cases and the extent of recent gains fueled by optimism about vaccine progress. The Stoxx Europe 600 Index closed down 0.8%, with miners and…
[ad_1] Traders wiped out all the gains made after this week’s vaccine announcements from Moderna and Pfizer on Thursday as a third announcement, this time from AstraZeneca, failed to impress. The FTSE 100 fell back to 6,334.35 by the end of the day, a 51-point drop, and lower than the 6,359 points the index had…
[ad_1] Lockdown Britain has a puppy shortage and a surfeit of stock market dogs. Veterinary services company IVC Evidensia, a beneficiary of the former, has all the makings of the latter. Private equity group EQT and Nestlé, IVC’s current owners, are planning a London listing for early next year. They see a business worth up…
[ad_1] FTSE closes lower as near-term global growth outlook darkens The FTSE is heading into the close just shy of 1% lower as fears over the near-term economic growth outlook overshadowed more upbeat vaccine news. This time it was the turn of AstraZeneca to inform as to how its covid -19 vaccine is performing…
[ad_1] This year’s economic lockdowns have made Royal Mail an unlikely winner in the pandemic lottery. The Royal Mail share price rose 5% on Thursday morning, sitting at over 300p after the company’s half-year results announcement, setting a new high for 2020. The Royal Mail share price had been recovering steadily since it’s record low of 120p in April, however it still…
[ad_1] * Royal Mail raises annual revenue estimate * Shares up 7% at near two-year high * H1 above initial expectations in many areas (Adds background on restructuring, labour dispute, shares) Nov 19 (Reuters) – Royal Mail raised its full-year revenue outlook on Thursday, as it benefited from a surge in online shopping during coronavirus…
[ad_1] ROYAL MAIL: Royal Mail reported a slump in first-half pre-tax profit as losses in its traditional letters business and coronavirus-related costs ate into a … [ad_2] Source link
[ad_1] The latest research report on Global Couriers and Messengers Market was conducted across a variety of industries in various regions to provide a report that has data surpassing 100+ pages. The report offers a mixture of qualitative and quantifiable information focusing on aspects such as key market developments, industry and competitors’ challenges in gap…
[ad_1] Delivering parcels and letters to every address in the UK piled up losses of £180 million for Royal Mail during the spring and summer. The privatised postal operator said the extent of the losses showed that the universal service obligation, delivering nationwide on a one-price-goes-anywhere basis, had to end. The company signed up to…
[ad_1] Royal Mail has revealed revenues from parcel deliveries overtook letters for the first time as it hiked its sales outlook thanks to a boom in online shopping during the pandemic. Shares in the group rose as much as 9% as it said full-year revenues at Royal Mail could now be between £380 million to…