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 …
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(Reuters) – This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers. FILE PHOTO: A worker gathers items for delivery from the warehouse floor at Amazon’s …
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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 …
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(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 …
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LONDON (Reuters) – UK’s Royal Mail (RMG.L) said on Thursday its outlook for the next fiscal year is “challenging” and the threat of a labor strike in late 2019 hurt parcel revenue growth during the Christmas period as customers opted to use other carriers. FILE PHOTO: A Royal Mail van …
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FILE PHOTO: A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain October 12, 2017. REUTERS/Phil Noble/File Photo (Reuters) – Britain’s Royal Mail (RMG.L) on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike …
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