Open this photo in gallery: King Charles III and Queen Camilla attend the annual Commonwealth Day Service of Celebration, at Westminster Abbey, in London, on March 10.Aaron Chown/The Associated Press King Charles hailed the work of the Commonwealth in bringing countries together as he and Britain’s senior royals gathered at …
Read More »RBC lays off some employees as it reorganizes its businesses
Royal Bank of Canada RY-T has let go of some employees as the lender reorganizes its businesses and prepares to launch its new growth strategy after closing its $13.5-billion takeover of HSBC Bank Canada last year. This week, the bank has shed employees in technology and operations, as well as …
Read More »Army bests Royal Military College 3-2 in annual cross-border hockey tilt
Open this photo in gallery: Hockey team Royal Military College Paladins practice ahead of their game against rival team West Point Army on Jan. 30.Kaja Tirrul/The Globe and Mail A moment of silence was held on Saturday for the 67 victims of this week’s collision between a commercial passenger jet …
Read More »Andrew Malkinson ‘vindicated’ after resignation of case review board boss
Ms Pitcher noted in her resignation letter to the Justice Secretary that the original rejection of Mr Malkinson’s appeal was “almost a decade before my time”, adding: “On my watch, armed with new DNA evidence which we commissioned, we were able to resolve the situation, and set Mr Malkinson free.” …
Read More »Royal Mail takeover and Carlsberg's swoop on Britvic in year of mega deals | The Standard
UK equities have been firmly in the crosshair of foreign suitors and private equity buyout specialists throughout 2024. Source link
Read More »Kretinsky’s EPH to Buy Enel’s Stake in Main Slovak Power Utility
(Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early …
Read More »Selling Royal Mail to a Czech billionaire marks a bleak day for Britain – Evening Standard
… Royal Mail. In 2023 Royal Mail was even stripped of its monopoly on delivering parcels from Post Office sites. Last year Royal Mail's parent … Source link
Read More »Immigration and trade policies cloud next year’s outlook, RBC CEO says as two major banks report Q4 earnings
Open this photo in gallery: RBC and National Bank both posted higher fourth-quarter profit Wednesday that exceeded analyst estimates.Mark Blinch/Reuters Royal Bank of Canada’s chief executive officer says tighter immigration and trade policies are clouding the banking industry’s outlook for next year, and political leaders need to resolve the concerns …
Read More »Russian Ransomware Hackers Worked With Kremlin Spies, UK Says – BNN Bloomberg
(Bloomberg) — A Russian criminal gang secretly conducted cyberattacks and espionage operations against NATO allies on the orders of the Kremlin’s intelligence services, according to the UK’s National Crime Agency. Evil Corp., which includes a man who gained notoriety for driving a Lamborghini luxury sports car, launched the hacks prior …
Read More »Government to scrutinise £5.3bn Royal Mail takeover
The new Labour government is set to look closely at the £5.3bn takeover of Royal Mail-owner International Distribution Services by Czech billionaire Daniel Kretinsky. Business secretary Jonathan Reynolds said it would be “reasonable to expect [the deal] to be called in”, as ministers had intervened when Kretinsky increased his stake …
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