The IDS share price has staged a strong comeback lately as investors cheered its acquisition bid by David Kretinsky. Royal Mail (LON:) shares were trading at 322p on Tuesday, up by over 53% from its lowest point this year. May 29th will be crucial IDS, the giant postal company, faces …
Read More »U.K. Ditches Investigation into Czech Billionaire’s Plan to Raise Royal Mail Stake
By Scott Kanowsky Investing.com — Shares in Royal Mail parent International Distributions Services PLC (LON:IDSI) surged after the U.K. government said it would not take any action to prevent secretive Czech billionaire Daniel Křetínský from increasing his stake in the 506-year old postal service. The decision concludes a review of …
Read More »PO boss admits being ‘completely unfair’ to victims | Information Age
The UK Post Office aggressively fought reports of flaws in the company’s Horizon IT system, demanding apologies from media and dismissing subpostmasters’ complaints as “noise”, former CEO Paula Vennells confirmed as three days of testimony concluded. Vennells – who was appointed managing director of Royal Mail Group in 2010 and …
Read More »Canon teases B2 sheetfed inkjet, unveils Heidelberg partnership
Canon has announced a new B2 sheetfed inkjet at Drupa, with the new press part of a global sales and service partnership with Heidelberg that will involve the German manufacturer selling OEM versions of Canon’s sheetfed inkjet engines. Canon’s new B2+ inkjet, the varioPress iV7, is capable of 8,700sph (4/0) …
Read More »Former doctor at Hull Royal Infirmary struck off for ‘sexual harassment’
A former doctor working at Hull Royal Infirmary has been struck off for misconduct after a tribunal found he had kissed and inappropriately touched female colleagues. Dr Vikram Gangaiah Aarella’s repeated and unwanted sexual behaviour towards two female doctors at the hospital in October 2022 was laid bare in a …
Read More »Royal Mail and Anglo bids face double deadline as UK M&A hits heights
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bids for two of the UK’s biggest corporate names face a key deadline this week, with Royal Mail’s owner and Anglo American both edging closer to being sold as overseas …
Read More »Tuesday papers: Musk's AI start-up raises $6bn in funding – Citywire
… Royal Mail. The Daily Telegraph: Labour's proposed crackdown on 'dirty money' risks making the UK unattractive to legitimate wealth creators and … Source link
Read More »Court sentences Move Forward Party MP to 2 years in prison in royal insult law case
Ms. Chonthicha, along with Mr. Chaithawat Tulathon, the party leader, and other MPs from the Move Forward Party, came to offer their support and listen to the verdict in the Section 112 case related to the protest in front of the Thanyaburi Provincial Court on September 11, 2021, which called …
Read More »Tornadoes leave trail of death and destruction across parts of US
At least 18 people have been killed and hundreds are injured after powerful storms left a trail of destruction as they swept across parts of the central United States. The storms, which began on Saturday evening local time and continued into Sunday, inflicted their worst damage in a region spanning …
Read More »‘Perfect’ time for Prince William, Harry’s reconciliation revealed
‘Perfect’ time for Prince William, Harry’s reconciliation revealed A royal expert has disclosed ‘perfect’ time for warring brothers Prince William and Harry’s reconciliation. Royal expert Liz Jones writes for the Daily Mail that the opportunity for reconciliation remains, and the wedding of their mutual close friend Hugh Grosvenor is the …
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