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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”....
...Additional reporting by John Paul Rathbone in London...
...The last time I interviewed John Lydon, the former Sex Pistol, he was in a field in rural England, smoking and talking about the ads he once made for a Dairy Crest campaign....
...When bolted to a vessel’s decks and sitting upright, the wing, called FastRig, will act as a sail capturing the wind....
...A US hedge fund is seeking to reverse a high-profile deal between Frontline, controlled by shipping magnate John Fredriksen, and one of Belgium’s oldest shipping dynasties....
...a slowdown in vehicle sales....
...The renewed interest marks a turnaround for a sector that had been declining over the past decade after a near-halting of attacks by Somali pirates....
...It said it was prepared to support the “iconic business” as it transformed and rebuilt into a “modern postal operator.”Křetínský, a lawyer-turned-energy tycoon, now has until May 15 to make a formal offer...
...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 John Reed in New Delhi and Felicia Schwartz in Washington...
...“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.”...
...Dan Neidle, a tax expert, has estimated that Rayner could have been liable for a capital gains tax bill of £1,500 on the sale of the two-bedroom semi in 2015 for a profit of £48,500....
...The ideas are suggested in the legacy mail delivery company’s submission to a review of its obligations being undertaken by Ofcom....
...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....
...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....
...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....
...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....
...YDLGP was backed by a consortium including Solano Partners, an independent investment bank, and Shift, a UK logistics provider, Yodel said....
...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...
...One shipping executive — John Wobensmith, chief executive of New York-based dry bulk company Genco Shipping — said he had not had any push back from charterers on diverting his vessels....
...CGM offer — to issue a firm offer....
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