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Royal Mail
Royal Mail owner rejects £4.5bn takeover bid from Czech billionaire Křetínský
...IDS is comprised of Netherlands-based parcels business GLS and the UK’s Royal Mail, the postal service and courier company....
April 17, 2024
Media
Barclay family pledges UK businesses for Abu Dhabi loans in Telegraph bid
...The move comes as the Barclay family have scrambled to sell off assets to raise cash, including the Spectator magazine’s headquarters in Westminster, and Yodel, the parcel delivery group....
February 20, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Everton Football Club Co Ltd
Miami firm 777 Partners agrees to buy Everton FC
...They include Saudi Arabia’s sovereign wealth fund, which bought Newcastle United in 2021, and the US consortium that acquired Chelsea for £2.5bn last year....
September 15, 2023
News in-depthTees Valley Combined Authority
Taxpayer support for controversial Teesworks project set to hit £650mn
...Teesworks Ltd said Musgrave and Corney’s companies “were committing tens of millions of pounds to remediate and service large parcels of land”....
November 10, 2023
United Parcel Service Inc
UPS to cut 12,000 jobs as revenue outlook falls short on weak parcel demand
...In European countries experiencing recessions, demand for express services fell....
January 30, 2024
Person in the News
Mike Johnson, another House Speaker under attack from his own side
...As he seized the gavel, becoming second in the line of presidential succession, Johnson told lawmakers he had been called to public service....
April 12, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Royal Mail
Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach
...service....
April 19, 2024
LexUnited Parcel Service Inc
UPS’s results don’t offer canary in the coal mine hint for US economy Premium content
...It delivers about a quarter of American parcels. UPS trucks haul the equivalent of 6 per cent of the country’s gross domestic product....
January 30, 2024
The Week Ahead
Opening arguments begin in Trump trial
...Parcel Service Q1, Visa Q2, W R Berkley Q1 Wednesday Germany: Ifo Business Climate survey US: monthly durable goods orders data Results: Abrdn Q1 trading statement, AT&T Q1, Baker Hughes Q1, Boeing...
April 21, 2024
Exchange traded funds
Crypto ETN providers head for UK but urge rethink on retail ban
...CoinShares’ Lansing said it was “disappointing to see the FCA remain out of step in terms of retail investors, who, in the rest of Europe and the United States can use regulated listed products to access...
March 18, 2024
US government shutdown
Lawmakers to vote on stopgap measure to fund US government until March
...Johnson has defended the latest deal, which includes $10bn in cuts to the Internal Revenue Service and claws back $6.1bn in Covid-19 relief funds, as providing “real savings to American taxpayers and real...
January 15, 2024
Transcript: Episode 7 — Against the ropes
...Miles JohnsonSo it’s sort of like a secret currency exchange service but for major criminals....
December 21, 2023
US budget
US Congress leaders reach $1.66tn spending deal ahead of feared shutdown
...In a letter to Republican colleagues on Sunday afternoon, Johnson said Republicans had “secured hard-fought concessions”, including $10bn in cuts to the Internal Revenue Service and a clawback of $6.1bn...
January 7, 2024
The Week Ahead
Spring is in the air
...Results: Abbott Laboratories Q1, ASML Q1, Citizens Financial Group Q1, Financial Services Q1, Hays Q3 trading statement, Las Vegas Sands Corp Q1, United Airlines Q1 Thursday US: G20 finance ministers...
April 14, 2024
LexUnited Parcel Service Inc
UPS/FedEx: picking a delivery hero is a wager on wages Premium content
An industry-wide fall in package volumes after two years of strong demand means the outlook is nothing to write home about
August 29, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Transcript
Transcript: Episode 4 — Gangsters’ paradise
...It’s guest-list only, with leather seats, bottle service and a huge custom ceiling light that looks like a giant diamond....
December 12, 2023
Transcript
Transcript: Episode 3 — Sun, guns and sangria
...The money also moves through Morocco, South Africa, China, Dubai, Panama, the Dominican Republic, Brazil and the United States....
December 7, 2023
Special ReportNorth America Innovative Lawyers
Top legal practitioners who lead in their fields
...He also co-led at trial against Johnson & Johnson where it was concluded that a financially engineered subsidiary, facing claims over illness caused by talcum powder, was “not sufficiently financially distressed...
December 5, 2023
Due Diligence
Czech’s in the Royal Mail Premium content
...Křetínský’s bought stakes in supermarket chain J Sainsbury and London football club West Ham United....
April 18, 2024
US foreign policy
New House Speaker raises prospect of fresh US funding for Ukraine
...“Ukraine will come in short order, it will come next,” Johnson told reporters on Thursday....
November 2, 2023
Political espionage
Russia revamps GRU spy network to ‘disrupt adversaries’
...The methods used — a combination of disinformation, elite capture and violence — are drawn from the Soviet espionage playbook, according to the report published on Tuesday by the Royal United Services Institute...
February 20, 2024
Exchange traded funds
Vanguard share class monopoly faces challenge with unique filing
...One potential conflict arises from a mutual fund’s need to sell shares if it faces redemptions, incurring trading costs, while an ETF can instead hand a parcel of securities to an authorised participant,...
August 23, 2023
US banks
When Wall Street’s co-heads cannot cohabitate
...Even if they don’t get along, they are compelled to present a united front, and colleagues in turn know to loop them in together....
February 26, 2024
The Week Ahead
Groundhog Day rings true for US politics
...Parcel Service Q4, Whirlpool Q4 Wednesday Brazil: Banco Central do Brasil Monetary Policy Committee (Copom) rate-setting decision announced France: preliminary January consumer price index (CPI) inflation...
January 28, 2024
US foreign policy
US House passes bill providing $14bn new aid to Israel
...At a press conference ahead of the vote, Mike Johnson, the new Republican House Speaker who won the post last month after weeks of chaos on Capitol Hill, said the need to support Israel had united members...
November 2, 2023

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