Tag Archives: business

(Bloomberg) — Australian real estate listing provider REA Group Ltd. presented a £5.6 billion ($7.3 billion) takeover proposal for Rightmove Plc that was rejected by the UK’s biggest property portal by market value. REA, part of media mogul Rupert Murdoch’s empire, made a preliminary cash-and-stock proposal valued at 705 pence …

OTTAWA, Sept. 10, 2024 (GLOBE NEWSWIRE) — Seventeen eminent Canadian scientists, scholars and researchers have been recognized by the Royal Society of Canada (RSC) for their outstanding achievements in advancing knowledge and understanding of the past and present. “I had the good fortune to speak with each of the winners …

For example, Czech entrepreneur Daniel Křetínský is in the process of taking over the Royal Mail. The deal is a “reminder that takeovers are just … Source link

(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 …

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 …

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 …

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 …

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 …

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 …

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 …