Short-selling disclosure dents Royal Mail Bets against Royal Mail have backfired in spectacular fashion over recent years, but that’s not deterred one hedge fund from having another go. Disclosures show that Marshall Wace has taken a short position of five million shares, equivalent to 0.5% as it eyes the company’s …
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T he UK’s economic recovery has slowed by more than first thought, figures showed today. Third quarter GDP grew by 1.1% compared with the initial 1.3% estimate, having rallied by 5.4% in the April to June quarter due to the easing of Covid-19 restrictions. Despite the downward revision by the …
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Britain’s aviation minister has heard how East Midlands Airport is forecasting another record-breaking year for air cargo thanks to online shopping and the current challenges of moving goods by sea. Robert Courts MP visited the Castle Donington cargo operation at the busiest time of year in the run-up to Christmas. …
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Plans for a second runway at East Midlands Airport have not been not ruled out, even though there is more than enough existing capacity. Politicians have been updated on the latest situation at the Castle Donington airport, on the Leicestershire/Derbyshire border – including plans for a freeport and further growth …
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Austria lockdown weakens travel stocks, FTSE 100 lower More strong sales figures from B&Q failed to stop shares in owner Kingfisher sliding today amid City fears that weary DIYers are planning a home improvement breather. The group, which also owns Screwfix, believes “enduring” industry trends created by the pandemic, such …
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If you’re wondering what sort of gift to give for Mothering Sunday this weekend, you might consider a Treasure Seasons presentation box – order by Friday and the box will be delivered with a smile to the doorstep by bicycle on the big day. How a Mothering Sunday ‘Spring’ box …
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Newfoundland and Labrador Premier Andrew Furey at a press conference in the lobby of the Confederation Building in St. John’s on Friday, January 15, 2021. Paul Daly/The Canadian Press Newfoundland and Labrador’s premier moved to mollify voters on Saturday as news broke that a long-awaited provincial economic recovery report would …
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ST. JOHN’S, N.L. – The head of an economic recovery team tasked with reviewing Newfoundland and Labrador’s expenses and mapping a way forward for the indebted province says the group’s interim report will be delayed several weeks. Moya Greene, a St. John’s-born businesswoman known for privatizing Britain’s Royal Mail postal …
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Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …
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President Joe Biden has picked a former Obama administration official to run the Centers for Medicare and Medicaid Services. The agency oversees government health insurance programs covering more than 1 out of 3 Americans and is a linchpin of the health care system. If confirmed by …
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