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...Royal Mail owner International Distributions Services has rejected a £4.5bn takeover approach by Czech billionaire Daniel Křetínský’s investment group, calling the timing of the bid “opportunistic”....
...Regulators in Brussels will order the US-based group, which owns brands including Oreo, Cadbury and Toblerone, to stop blocking cross-border trading because of the potential harm to consumers at a time of...
...Its other assets span hospitality, residential and logistics sectors such as Admiral Taverns and the student housing provider Collegiate....
...“Seattle is a logistics business. It is grind and detail and logistics, and that is what has been missing there over the past 12 months,” O’Leary said....
...International Distributions Services said on Wednesday that it had recently rejected an approach from Křetínský’s investment group that valued the former British postal monopoly at 320p a share....
...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...
...Strong deals in Europe have added to the mood, with listings for the likes of German defence contractor Renk and Athens International Airport rising after their market debuts....
...Amazon has invested heavily on its own network and operates more than 1,000 facilities throughout the US, according to the logistics consultant MWPVL International....
...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....
...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....
...The disposal of the retail unit, which has lower margins compared with its international car distribution arm, will help improve the group’s profitability....
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...There were CEOs at Royal Mail and GLS, its Netherlands-based logistics business, and a chair for the overall group....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Clare Bottle, chief executive of the UK Warehousing Association, which represents logistics groups across the country, accepted that outdoor facilities were of limited use at 24-hour sites, with workers...
...It is also a huge beneficiary of increasing returns from international trade, having created a tech and logistics layer for getting cheap manufactured goods reliably from Asian factories to a huge end market...
...“Young collector groups assume that new collectors are young, but they could easily be in their fifties or sixties,” says the art adviser Josh Baer, who writes The Baer Faxt, a popular newsletter for the...
...The decline is of major concern not only to trade groups such as the Shipbuilders Council of America, says its president Matthew Paxton, but also to the industries that support shipbuilding....
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...“[Milk tea brands] have a much wider appeal in comparison to coffee chains,” said Jason Yu, managing director at Kantar Worldpanel, a consumer research group....
...We learned on Wednesday that the Czech billionaire’s investment group made a £4.5bn takeover offer for Royal Mail’s owner International Distributions Services....
...When Oprah Winfrey announced in February that she would step down from the WW International board, shares in the company behind WeightWatchers dropped nearly 20 per cent, to their lowest point since it returned...
...That worked out to nearly 12 per cent of group total. On a profit level, the card deal carries even more weight....
...Chief financial officer Brian Newman said that the macroeconomic environment “showed improvement” in the fourth quarter, but “the transportation and logistics sector conditions remained under pressure both...
...Drugs of the GLP-1 group suppress appetite with remarkable effectiveness. Weight loss success stories have resonated in Wall Street and the C-suite....
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