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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....
...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...
...The Netherlands-based company, which is in the middle of a restructuring aimed at cutting costs, said it was now expecting comparable sales growth of 6 to 7 per cent for the full year, up from a previous...
...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”....
...The ship is owned by Gortal Shipping, a finance company affiliated with Zodiac Maritime, a company controlled by Israel’s Ofer family....
...“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....
...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 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.”...
...In a network designed to bypass a traditional centralised institution like a bank or a stock exchange, the miners are the ones supplying the trust that you’re not being defrauded....
...There’s not a project. There’s not a great difficulty to be resolved,” Peter says....
...Friday Interview: Philip Tetlock Philip Tetlock is one of the most influential social scientists in the world....
...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....
...West Texas Intermediate, the US marker, added 1.4 per cent to $86.28 a barrel....
...The company is expecting to report a 22 per cent rise in revenue over the period when it publishes first-half earnings next month, to about £3.3bn, in part driven by a strong performance from the group’s...
...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....
...The US Coast Guard said on Tuesday evening that six construction workers who went missing after a container ship destroyed part of a Baltimore bridge are now believed to be dead....
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