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 »Astrazeneca Is Empowered By Optimism In Vaccine Trials
On the eve of the third quarter, investors again received good news from Astrazeneca. A final result from in-depth studies of its potential Covid-19 vaccine could be available by the end of this year, says the study’s chief investigator Andrew Pollard. His comments come days after the UK’s health authority, …
Read More »The royal clerk threw Prince Andrew a blow and left him…
The royal clerk threw Prince Andrew a blow and left him on the floor. Prince Andrew’s reputation as a resident mischief maker was a long-kept secret within the walls of Buckingham Palace. However, a recent report uncovered a number of his previous antics, all of which foreshadowed his troubled teenage …
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 »The Hut Group set for biggest British IPO in years
(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 …
Read More »Royal Mail proposes three-year pay deal to union
(Reuters) – Britain’s Royal Mail (RMG.L) has proposed a three-year pay deal to the Communication Workers Union (CWU) and wants to have detailed talks with its largest union, the company said on Twitter on Friday. FILE PHOTO: A Royal Mail postal worker stands in the yard of a sorting office …
Read More »Royal Mail tweets pay proposal to union as transformation plan lags
(Reuters) – Royal Mail (RMG.L) put forward a proposal with a three-year pay deal to Communication Workers Union (CWU) on Friday, saying in its message delivered on Twitter that it wanted to have detailed talks with its largest union. FILE PHOTO: Royal Mail vans parked in the Leytonstone post office …
Read More »Royal Mail union loses appeal to overturn injunction halting strike
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 …
Read More »UK Conservatives warn of economic crisis under Labour, citing disputed dossier
LONDON (Reuters) – British finance minister Sajid Javid said on Sunday the opposition Labour Party’s “reckless” spending plans would trigger an economic crisis within months if it won the Dec. 12 election, citing a contested dossier published by his Conservative Party. Britain’s Chancellor of the Exchequer Sajid Javid departs Downing …
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