Tag Archives: business

'Czech Spinx' raises Royal Mail stake further. Daniel Kretinsky, the billionaire known as the Czech Sphinx, has upped his stake in Royal Mail again, … Source link

(Reuters) – Three- times champion jockey Stan Mellor – the very first to ride 1,000 winners over dives throughout a renowned profession – has actually passed away aged 83, the British media reported on Saturday. Mellor, the champion jockey in between 1959 and 1962, likewise took pleasure in success as …

InfraRed Capital Partners has been confirmed as the new owners of a large urban logistics asset in Rotherham – the Parcelforce depot at Templeborough. Rothbiz reported in June that LondonMetric had completed the £13.3m disposal of a large warehouse at a net initial yield of 5.0%. The 152,000 sq ft …

As the coronavirus health crisis slowly subsides, economic reality has begun to kick in. Job losses have started to mount – even before furlough is undone – , GDP figures are terrifying, the debt pile is growing and optimism about a V-shaped recovery has gone. There’s one topic of conversation …

Royal Mail has shipped 117 million more parcels than last year during lockdown as the pandemic triggered a boom in ecommerce. The postal specialist said parcel volumes were up 38% while its domestic account parcel volumes, which exclude Amazon deliveries, saw 64% growth. However the letters market continues to be …

… have raised speculation that he may soon begin actively trying to influence the group's future direction. Royal Mail shares rose 2p to 184p on Friday. Source link

Read more The FTSE-100 Index ended the week with a flourish as investors juggled a mixed picture on the global economy with hopes of good news on a vaccine for coronavirus. Up 39.61 at 6290.3, the premier index closed the week two percent higher than on Monday morning. The day’s …

The energy tycoon also praised Royal Mail's “tradition, history and importance of the public service it provides”. The appearance of his fund, Vesa Equity … Source link

Czech energy tycoon Daniel Kretinsky today bought another big chunk of Royal Mail, lifting his shareholding up to 12.1% as part of his gamble that the company’s shares are drastically cheap. The billionaire known as the Czech Sphinx for his secretive ways now owns a stake worth £222 million after …

And in 2018 boss Guru Gowrappan announced that Oath would be no more; Verizon’s collective media outlets would be called the Verizon Media Group from 2019.  Google to Alphabet Google became the largest subsidiary in a new holding company called Alphabet in 2015 as part of a restructuring at the tech giant. The …