Tag Archives: FIN

LONDON, Jan 11 (Reuters) – Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident”. “We are temporarily unable to despatch items to overseas destinations,” Royal Mail, one of the world’s largest post and parcel firms, …

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 …

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 …

Dec 5 (Reuters) – Chinese spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 billion. The company is selling 96.39 million shares in the range of …

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 …

Dec 2 (Reuters) – Royal Mail had failed to meet its delivery targets for 2021-2022 due to the pandemic, Britain’s communications watchdog Ofcom concluded on Friday, but warned the post and parcel services company that it cannot use COVID as an excuse anymore. The regulator, which launched its probe in …

LONDON, Nov 17 (Reuters) – Postal workers at Britain’s Royal Mail will strike for six days in the run-up to the busy Christmas period in a dispute over pay and conditions, their union said on Thursday. The workers will strike on Dec. 23 and 24, in addition to Dec. 9, …

LONDON, Nov 16 (Reuters) – Talks between Britain’s Royal Mail and the Communication Workers Union (CWU) aimed at averting strike action in the run-up to Christmas have been extended, the company said on Wednesday. The CWU, which represents more than 115,000 postal workers at Royal Mail, has said workers will …

Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …

NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …