Jan 10 (Reuters) – British greeting cards retailer Card Factory (CARDC.L) forecast annual core earnings ahead of market expectations on Tuesday as people rushed to its high-street stores to buy Christmas cards amid strikes at Royal Mail, which hurt online sales. The company expects full-year core earnings to be at …
Read More »Greeting card firm Moonpig cuts forecast as Royal Mail strikes hit orders
Dec 7 (Reuters) – British greeting card company Moonpig (MOONM.L) lowered its annual revenue forecast on Wednesday and reported lower first-half profit as its orders in September and October was hit by postal strikes at Royal Mail. Workers across Britain, including more than 115,000 Royal Mail postal workers, have taken …
Read More »Chinese snack maker Weilong Delicious aims to raise up to $141 mln in trimmed-down Hong Kong IPO
Dec 5 (Reuters) – Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion. The company is selling 96.39 million shares in the range of …
Read More »UK will not take action over Czech mogul’s plan to raise Royal Mail stake
Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …
Read More »Wall Street bonuses to plunge 22% this year – NY state comptroller
NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …
Read More »Spain’s number of flights in September reached 94% of pre-pandemic 2019 levels
Oct 17 (Reuters) – The number of flights from and to Spanish airports in September reached 94% of the number registered in September 2019, before the COVID-19 pandemic ravaged the travel industry, flight controlling agency Enaire said on Monday. Enaire routed 191,069 flights in September to and from the country’s …
Read More »Royal Mail denies talks over potential sale
A Royal Mail postal van is parked outside homes in Maybury near Woking in southern England March 25, 2014. REUTERS/Luke MacGregor Register now for FREE unlimited access to Reuters.com Register Sept 8 (Reuters) – Britain’s Royal Mail (RMG.L) said on Thursday it was not involved in talks with a private-equity …
Read More »Royal Mail warns of FY loss if four days of strikes go ahead
A postal worker carries mail bags in Altrincham, northern England, February 10, 2016. REUTERS/Phil Noble/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Royal Mail (RMG.L) warned on Wednesday that it could post a loss in the UK for the full-year 2022-23, if four …
Read More »Royal Mail says UK business losing one million pounds a day amid union clash
A Royal Mail delivery vehicle drives along a road near Mount Pleasant, in London, Britain, June 25, 2020. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register Shares down 2% Holding company to be renamed International Distributions Services Plc Executives say ready to talk over pay July 20 …
Read More »UK’s Channel 4 flags privatisation would cost nearly $4 bln – The Times
A woman rides in an elevator at Channel 4 Television studios in London, after the government decided to privatise the publicly-owned broadcaster, in London, Britain, April 5, 2022. REUTERS/Tom Nicholson Register now for FREE unlimited access to Reuters.com Register April 8 (Reuters) – British broadcaster Channel 4 has warned the …
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