(Bloomberg) — UK-listed companies continue to be targeted by foreign bidders amid cheap valuations, potentially fanning concerns about a shrinking London market. The agreement for Colorado-based AngloGold Ashanti Ltd. to buy Centamin Plc marks the 12th foreign takeover of a FTSE All Share Index company announced this year, including deals …
Read More »Debt-laden Royal Mail is killing letter deliveries by a thousand cuts
Such a fate would greatly undermine the core purpose of the service. As the Greetings Card Association warns, the proposals appear to take the country “one step closer to the dismantling of a postal service that’s affordable and reliable”. Some would say it stopped being either of those things some time …
Read More »Cafe to open in Edinburgh scheme at former site of community Post Office
A new cafe is set to open in Drum Brae at the site of a former Post Office. Located on Duart Crescent, the unit has been under renovation for the past few months, with locals reportedly seeing workies coming in and out of the store. It is not known when …
Read More »The tiny underground train you can ride under London’s streets – and it’s not the Tube
London is famous for its subsurface locomotives. The Underground network is, of course, known all over the world. But there is another network of tracks beneath the capital that are relatively unknown. On them runs a tiny train with a fascinating history. The Mail Rail is a small railway network …
Read More »Postmaster general is confident about ability to process mail-in ballots | News
Postmaster General Louis DeJoy has a message for America: The U.S. Postal Service is ready for a flood of election mail and is better positioned to do so than it was four years ago. The Postal Service has been undergoing rapid changes, including the opening of large hubs, but some …
Read More »Postmaster general is confident about ability to process mail-in ballots
Postmaster General Louis DeJoy has a message for America: The U.S. Postal Service is ready for a flood of election mail and is better positioned to do so than it was four years ago. The Postal Service has been undergoing rapid changes, including the opening of large hubs, but some …
Read More »‘Time has come’ for rate cuts, hints Fed as Bailey hails faster fall in inflation
Jerome Powell has given his strongest hint yet that the US will start cutting interest rates next month amid hopes that inflation is finally under control across the West. The Federal Reserve chairman indicated that he will be able to reduce borrowing costs from their current level of 5.5pc in …
Read More »Hire more of our members to avert strikes, union chiefs tell rail bosses
Written assurance that LNER will end the custom would most likely be sufficient for the union to enter negotiations. A commitment to bring driver numbers up to required levels could form the basis for a long-term agreement. Royal Mail’s plan to halt postal train operations by October 10 after almost 200 …
Read More »The Globe and Mail – The Globe and Mail
Ottawa, Aug. 20, 2024 (GLOBE NEWSWIRE) — WHAT: Member delegates of The Royal Canadian Legion from across Canada will gather to elect new national officers to two-year terms; review national committee reports; hear from various stakeholder group representatives; and vote on resolutions to …
Read More »Sales of iPhone fall to three-year low as Apple’s popularity drops in China
Sales of the iPhone have fallen to the lowest level for three years after Apple’s popularity dropped in China and as shoppers wait for new models. Apple recorded an 1pc drop in quarterly iPhone revenues on Thursday night to $39.3bn (£30.9bn), the lowest figure since 2021. While a small drop, …
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