(Adds futures, news items) Sept 8 (Reuters) – Britain’s FTSE 100 index is seen opening 5 points higher at 5,942 on Tuesday, according to financial bookmakers, with futures seen up 0.4% ahead of cash market open. * ROYAL MAIL: Royal Mail raised its revenue target for the current year, driven …
Read More »The Hut Group launches $1.22 billion London float
LONDON (Reuters) – E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis. The 920 million pound ($1.22 billion) float would value …
Read More »The Hut Group set for biggest British IPO in years
(Reuters) – E-commerce retailer The Hut Group plans a London initial public offering that would value it at around 4.5 billion pounds ($5.95 billion), potentially the biggest listing of a British company since 2013, as it seeks to tap investor appetite for the online sector. FILE PHOTO: People walk past …
Read More »UK Stocks-Factors to watch on July 2
July 2 (Reuters) - Britain's FTSE 100 index is seen opening 30 points higher on Thursday, according to financial bookmakers. * ROYAL MAIL: Royal Mail and its largest labour union have agreed to start talks to settle a long-running dispute over pay and operational changes, the former British postal monopoly …
Read More »UK Stocks-Factors to watch on March 18
March 18 (Reuters) - Britain's FTSE 100 index is seen opening 136 points lower on Wednesday, according to financial bookmakers. * HSBC: HSBC Holdings has appointed Noel Quinn as chief executive officer, handing the insider and interim boss the reins of Europe's biggest bank and ending months of speculation an …
Read More »UPDATE 2-UK stocks slip as virus fears quell risk appetite
* FTSE 100, FTSE 250 down 0.4% * New coronavirus cases tick up * Daejan outshines market on buyout offer (Adds news items, updates to close) By Shashwat Awasthi and Muvija M Feb 21 (Reuters) – UK shares fell on Friday as investors took measures to reduce their exposure to …
Read More »UPDATE 1-Royal Mail proposes higher pay deal to appease largest union
(Adds details on proposal, background, share move) Feb 20 (Reuters) – Britain’s Royal Mail has proposed a 6% pay rise as part of a three-year deal with the Communication Workers Union (CWU), as the former postal monopoly looks to appease its largest union following threats of another strike ballot. Shares …
Read More »UK Stocks-Factors to watch on Feb. 10
ROYAL MAIL: Britain's Royal Mail has proposed a three-year pay deal to the Communication Workers Union (CWU) and wants to have detailed talks … Source link
Read More »UPDATE 1-UK Stocks-Factors to watch on Feb. 7
UPDATE 1-UK Stocks-Factors to watch on Feb. 7 … U.S. imports, though Royal Mail slid to an all-time low after warning of a challenging year ahead. Source link
Read More »UK Stocks-Factors to watch on Feb. 7
UK shares advanced for a fourth straight session on Thursday as risk … Royal Mail slid to an all-time low after warning of a challenging year ahead. Source link
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