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 »Brexit tensions weigh on Europe, tech stocks slide
* UK ramps up no-deal preparations as EU trade talks stall * German exports rise in July but remain below pre-crisis levels * Technology leads sectoral declines, defensives rise * French electricity giant EDF sinks as output falls Sept 8 (Reuters) – European shares fell on Tuesday on fears that …
Read More »Royal Mail : appointed by Moonpig to deliver majority of gifts and cards
Royal Mail has been appointed by Moonpig, the UK’s leading online card, gifting and flowers retailer, to deliver the majority of their gifts across the UK* via Royal Mail Tracked services**. Royal Mail has been delivering cards for Moonpig since the company’s foundation in 2000, but the new, expanded contract …
Read More »The Hut Group launches $1.22 billion London float
LONDON (Reuters) – E-commerce firm The Hut Group confirmed its intention to float on the London Stock Exchange on Thursday, in potentially the biggest listing of a British company since 2013 and the first major London listing since the COVID-19 crisis. The 920 million pound ($1.22 billion) float would value …
Read More »Royal Mail : largest union to ballot members for strike
The notice follows Royal Mail’s proposed 6% pay increase, part of a three-year deal with the CWU last week, in a bid to appease the union following threats of another strike ballot. However, hopes for a settlement faded when CWU said last week that it could call for a strike …
Read More »UK stocks slip as virus fears quell risk appetite
The FTSE 100 slipped 0.4% and marked its second consecutive week in the red after an uptick in new cases of the virus in China and South Korea hit stocks more exposed to commodity prices, including oil majors and miners <.FTNMX1770>. “Perhaps the reality of the situation is starting to …
Read More »Mountpark leases 137,865 sq ft at Warrington Omega to the Delivery Group
Mountpark Logistics has let a 137,865 sq ft logistics centre at Mountpark Warrington Omega to The Delivery Group for a specialist mail hub. The Delivery Group is consolidating its North West operations in the new facility, which also has space for further expansion. The facility is one of four units, …
Read More »Builder of the Titanic Sinks into BankruptcyTitanic
(MENAFN – Newsroom Panama) The famed “Harland and Wolff” shipyard in Belfast, Northern Ireland, that built the “Titanic”, and many of the warships that helped create the world’s biggest navy when Britannia still ruled the waves is no more. For nearly 160 years H & W built cargo vessels, passenger …
Read More »Proposed Stamp Price Hike May Not Affect Consumers – CBS2 Chicago
Proposed Stamp Price Hike May Not Affect ConsumersCBS2 Chicago"I use so little postage now, it's amazing," said RJ Coleman, who happened to walk by CBS 2 cameras on Clark Street. "I know they're talking about reducing … More: continued here
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