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Related Special Reports
...Alibaba’s logistics arm Cainiao became the latest group to abandon plans to sell shares in the market last week, suspending an IPO that some had hoped would value the company at up to $20bn....
...Amazon’s $1bn industrial innovation fund is to step up investments in companies that combine artificial intelligence and robotics, as the ecommerce giant seeks to drive efficiencies across its logistics...
...Flush with pandemic cash, Saadé has taken CMA CGM on a quick-fire, roughly €35bn acquisition spree, with the aim of diversifying into logistics to cushion the group from shipping’s boom-and-bust cycles....
...BLG Logistics, the company that operates the car-handling terminal at the German port of Bremerhaven, Europe’s second-busiest port for vehicles, said it had experienced longer dwell times at its facilities...
...Chinese ecommerce group Alibaba has suspended a planned IPO for its logistics arm Cainiao and said it would instead spend up to $3.8bn to buy out the unit’s minority shareholders....
...UK-based logistics group Wincanton is at the centre of a bidding war, with an agreed buyer increasing its offer and a third party also considering a bid....
...group....
...James Grzinic, an analyst at Jefferies, said the results “confirm just how much stronger than the rest of its peer group” Inditex has become....
...The board unanimously recommended shareholders accept the offer from the supply chain logistics group, which represented a 52 per cent premium to the last closing price....
...French container shipping group CMA CGM abandoned its pursuit of UK logistics company Wincanton on Tuesday, making it almost certain that a rival bid by GXO would succeed....
...Alibaba Group”....
...But after years of budget cuts the once-powerful Royal Navy will need its allies to provide many of the additional vessels needed to form a carrier strike group — in particular a key logistics ship....
...Křetínský had made clear his intention not to break up IDS by separating the lossmaking Royal Mail from the group’s profitable European logistics business GLS, or touch the group’s pension scheme surplus...
...China’s AutoFlight Group won airworthiness certification from the Civil Aviation Administration of China in late March for the design and parts for its unmanned CarryAll aircraft — a global first for an...
...logistics and media companies....
...The group also said it expected to reach €60mn in savings for the year, more than previous predictions....
...PDD Holdings overtook Alibaba in December as the most valuable domestic ecommerce group....
...Big share moves in Europe today include Denmark-based container logistics company AP Møller-Maersk, French telemarketing and tele-services provider Teleperformance, Danish audio tech company GN Store Nord...
...The biggest movers on European stock markets on Thursday include travel technology platform Amadeus, joiner and kitchen supplier Howdens, consumer health group Haleon and logistics company Wincanton....
...Parcel delivery company Yodel is to be sold to a consortium that includes the owner of logistics group Tuffnells in the latest unwinding of the debt-laden financial interests of the Barclay family....
...Shares of the Hong Kong-listed shipping and logistics subsidiary of Cosco, one of the world’s largest shipping groups, dipped 15 per cent after the company reported profits fell 86 per cent year on year...
...A more active group is shaking up London’s listed property sector. There has been a flurry of share-based takeovers focused on warehousing space....
...Hornby, best known for making model railways, said Ashley would be available to support its chief executive, Olly Raeburn, and the wider business on “systems, operations, logistics and, where relevant, broader...
...The chief executive of business group Logistics UK said pushing back decarbonisation deadlines is “the last thing industry needs” and will “discourage” private investment in the UK....
...The group’s shares were 3.3 per cent down on Euronext in Oslo on Wednesday, but 12.3 per cent up on a month ago....
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