Tag Archives: Markets

(Bloomberg) — Royal Mail Plc reported a bumper Christmas delivery season and said the impact of the omicron strain of Covid-19 on staff absences … Source link

Good morning. There’s no shortage of news for Unilever at the moment. After its disastrous £50bn move on GSK’s consumer arm – which was firmly rebuffed by the pharmaceutical giant and lambasted by shareholders – it’s now planning to slash thousands of jobs. The cuts are said to target numerous …

Reuters Now Posted Another lockdown party scandal embroiled Boris Johnson on Friday, as it emerged his staff partied at his Downing Street residence on the eve of the funeral of Britain’s Queen Elizabeth’s husband, Philip. Indoor gatherings were banned at the time. Source link

World Posted British Prime Minister Boris Johnson offered his “heartfelt apologies” on Wednesday for attending a “bring your own booze” gathering at his official residence during the country’s first coronavirus lockdown as opponents said he must resign. Olivia Chan reports. Source link

Reuters Now Posted British Prime Minister Boris Johnson offered his “heartfelt apologies” on Wednesday for attending a “bring your own booze” gathering at his official residence during the country’s first coronavirus lockdown as opponents said he must resign. Source link

In London the FTSE 100 tumbled more than 2%, off 163 points at 7106 as unease gripped the City. At one point, just three shares in the main index were showing gains – Royal Mail, Ocado and Polymetal – a precious metal business favoured by gold speculators. The biggest fallers …

Chris Boxall, of Fundamental, said despite the disappointing figures, investors have made decent returns from some risky companies. He said: “It’s noticeable that all the top performers are early-stage companies which are not yet revenue generating and come from either the resources or life sciences sectors. “We are generally reluctant …

A $12 billion takeover move in the telecoms sector ensured European markets traded higher today, despite continued worries over the recent surge in Covid-19 cases on the continent. Buy-out group KKR’s interest in Telecom Italia ignited other shares in the sector, with BT and Vodafone among the London-listed stocks trading …

Pedestrians and shoppers walk along Regent Street in London, on April 12. Photographer: Jason Alden/Bloomberg Photographer: Jason Alden/Bloomberg As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic …

A postal worker for Royal Mail Plc empties a postbox in Manchester. Photographer: Paul Thomas/Bloomberg Photographer: Paul Thomas/Bloomberg Royal Mail Plc raised its profit expectations for this year due to a pick-up in letter volumes, a weak spot in the company’s turnaround. The shares jumped after the company said that …