NEW YORK, Oct 21 (Reuters) – Travel and lodging operator Viad Corp (VVI.N), opens new tab on Monday agreed to sell its events and conferences business GES to private equity firm Truelink Capital for $535 million, according to a statement seen by Reuters. The sale of GES would leave Viad …
Read More »Factbox: Czech billionaire Kretinsky’s sprawling empire
April 24 (Reuters) – Daniel Kretinsky is seeking to take control of debt-laden French supermarket chain Casino (CASP.PA), in a deal that would bring several well-known retail brands under the Czech billionaire’s umbrella in France. Kretinsky, 47, a former investment bank lawyer who built one of Europe’s largest energy groups, …
Read More »Ransomware group with links in Russia behind UK Royal Mail incident -Telegraph
LONDON, Jan 12 (Reuters) – A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware group that some cybersecurity experts say has members in Russia, Britain’s Telegraph newspaper reported. Royal Mail, one of the world’s largest post and parcel firms …
Read More »UK’s Card Factory sees annual profit ahead of market expectations
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 »Britain’s Currys to avoid using Royal Mail ‘for now’ over strikes
LONDON, Dec 4 (Reuters) – British electricals retailer Currys (CURY.L) will not use Royal Mail as a delivery provider “for now” to reduce any impact from strike action, the company’s chief executive officer Alex Baldock said on Sunday. Speaking to the BBC’s Sunday with Laura Kuenssberg show, Baldock confirmed a …
Read More »Arnault insures LVMH against future family feuds
LVMH CEO Bernard Arnault attends the Viva Technology conference in Paris, France, June 15, 2017. REUTERS/Martin Bureau/Pool Register now for FREE unlimited access to Reuters.com Register LONDON, July 22 (Reuters Breakingviews) – Bernard Arnault is finally in succession planning mode. On Thursday, the fashion king announced that Agache, the holding …
Read More »China pulls the plug on $50 bln video-game party
A child plays the game “Honour of Kings” by Tencent at home in Dezhou, Shandong province, China July 2, 2017. Picture taken July 2, 2017. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register HONG KONG, July 22 (Reuters Breakingviews) – Chinese regulators are spoiling the country’s video-games party. …
Read More »NBCUniversal, Google top contenders for tie-up with Netflix for ad-supported plan – WSJ
Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – Comcast Corp’s (CMCSA.O) NBCUniversal and Alphabet Inc’s (GOOGL.O) Google are leading the race for a tie-up with Netflix …
Read More »Canada passes bill to compel local content on streaming platforms
Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register OTTAWA, June 21 (Reuters) – Canada’s lower house of the parliament passed legislation on Tuesday that would bring online streaming platforms under …
Read More »