FILE PHOTO: The logo of Royal Mail is seen outside the Mount Pleasant Sorting Office as a delivery vehicle arrives, in London, Britain, June 25, 2020. REUTERS/John Sibley/File Photo (Corrects spelling of ‘Rosenau’ in headline) (Reuters) -Britain’s Royal Mail said on Friday its GLS parcel service would buy Rosenau Transport …
Read More »Tech rebound lifts European stocks, chipmakers jump
(Reuters) -European stocks rose on Wednesday after one of the worst market routs this year, with investors picking up beaten-down shares of technology sector, while chip equipment maker ASML gained on upbeat earnings forecast. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, …
Read More »Banks, miners boost UK stocks as recovery optimism back in focus
(Reuters) -British shares rose on Tuesday, boosted by gains in banks and miners on investor optimism over a vaccine-led economic recovery, while Royal Mail climbed after announcing a one-off dividend payment. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. …
Read More »Deliveroo aims to sell $1.4 billion of new shares in upcoming IPO
By Rachel Armstrong, Abhinav Ramnarayan FILE PHOTO: A deliveroo delivery driver cycles through the centre of Manchester, Britain, March 8, 2021. REUTERS/Phil Noble LONDON (Reuters) – Deliveroo said on Monday that it plans to sell around 1 billion pounds ($1.39 billion) of new shares in its upcoming initial public offering …
Read More »UK Stocks-Factors to watch on Dec 21
ROYAL MAIL: Royal Mail Plc said on Friday it has reached an in-principle agreement with its largest labour union, the Communication Workers Union … Source link
Read More »UPDATE 1-UK Stocks-Factors to watch on Nov 19
ROYAL MAIL: Royal Mail reported a slump in first-half pre-tax profit as losses in its traditional letters business and coronavirus-related costs ate into a … Source link
Read More »PRESS DIGEST-British Business – Oct. 26
Oct 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – UK special forces troopers stormed an oil tanker off the Isle of Wight on Sunday night and …
Read More »The Hut Group shares soar 30% after bumper $7 billion London IPO
By Abhinav Ramnarayan, Sinead Cruise LONDON (Reuters) – The Hut Group’s THG.L shares soared 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal its 5.4 billion pound ($6.99 billion) listing, one of London’s largest tech IPOs to date. FILE PHOTO: The …
Read More »British bluechips hit by weak oil; Royal Mail offsets mid-cap losses
By Shashank Nayar, Ambar Warrick (Reuters) – The British blue-chip index ended lower on Tuesday as weak oil prices hurt major energy stocks, while losses in the mid-cap index were mitigated by Royal Mail, which rose after it flagged a boost from e-commerce. FILE PHOTO: The London Stock Exchange Group …
Read More »UPDATE 1-UK Stocks-Factors to watch on Sept 8
(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 …
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