(Bloomberg) — Ingredients company Tate & Lyle Plc surged after the Financial Times reported that buyout group Advent International is preparing a takeover bid. Shares in the London-listed supplier to food producers rose more than 12% on the report, giving the company a market capitalization of about £3.2 billion ($4.2 …
Read More »– Royal Mail to launch fleet of 500 drones for deliveries to remote areas
Author : Sophia Bell, Acting Group Editor, DPA 12 May 2022 Royal Mail has announced ambitious plans to ‘open up the skies’, by creating 50 new postal routes for drones over the next three years. Photo credit: Colin Keldie, courtesy of SATE project The current initiative – in collaboration with …
Read More »Royal Mail Raises 2020 Forecast on Revenue Boost From Letter-Volume Recovery
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 …
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