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...A bid of 360p a share would be a “reasonable take-out price”, he added. EP said Royal Mail was in a “challenging situation”....
...But a video posted on an Iranian army-linked Telegram channel last month, in English, described the vessel as a “floating armoury” and insisted it had a role in combating piracy....
...The ship is owned by Gortal Shipping, a finance company affiliated with Zodiac Maritime, a company controlled by Israel’s Ofer family....
...Rayner was reported to police by Conservative MP James Daly over claims she might have committed an offence in the early 2010s by giving false information about where she was living....
...The US and the UK launched a new round of military strikes against Houthi targets in Yemen in response to a string of recent attacks on commercial vessels transiting through the Red Sea....
...Rescue operations were being carried out “on the surface of the water, subsurface” and “on the deck of the ship itself”, said Baltimore fire department chief James Wallace....
...Tina McKenzie, Federation of Small Businesses policy chair, said that Royal Mail’s plan to retain a six-day-a-week service for first class letters was a “good step in the right direction”....
...Additional reporting by James Politi...
...“Royal Mail is a great British brand with a long and proud history,” she said. “Now is the time to ensure it has a successful future too.”...
...The ideas are suggested in the legacy mail delivery company’s submission to a review of its obligations being undertaken by Ofcom....
...The transaction was meant as a solution to a deadlock between the two companies over control of Euronav....
...But he added: “This is a step in the right direction.”...
...There’s not a project. There’s not a great difficulty to be resolved,” Peter says....
...Wright moved windows higher to create an “intimate space” around the table, says Holian, adding that dining tables became “almost a room within a room” in some of his designs....
...The aim is to provide a modest boost to demand for UK stocks with a small ask of those people who can most afford it....
...Such groups consist of a hijacked dhow — a traditional ship in the region — which pirates use as a floating base for small attack boats....
...The abandonment of the bid is a setback for CMA CGM’s efforts to develop a stronger logistics function to complement its core shipping business....
...The insurance sector is expecting a hefty bill....
...The attack late on Sunday on the Rubymar, carrying cargo from the United Arab Emirates to Bulgaria, underlines the continuing threat from the Houthis despite a recent lull as a result of US and UK attacks...
...YDLGP was backed by a consortium including Solano Partners, an independent investment bank, and Shift, a UK logistics provider, Yodel said....
...CGM offer — to issue a firm offer....
...When Yemen’s Houthi rebels attacked a ship carrying 21,000 tonnes of fertiliser from Saudi Arabia to Bulgaria last month, they had a simple justification: they said the Rubymar was a “British ship”....
...Among them was a claim that Begum, now 24 and living in Syria, would be de facto stateless....
...Joe Biden has said the US federal government will rebuild a Baltimore bridge that collapsed into the Patapsco river in the early hours of Tuesday morning, sending people and cars tumbling into the water...
...India’s navy has freed the crew of a hijacked ship that Somali pirates were preparing to use as a base for attacks on other vessels, in the most violent incident yet of a recent resurgence of pirate activity...
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