Wrights Group Limited

April 17, 2024

The mysterious Iranian ship accused of lining up the next Houthi targets

...Hamas, the militant group that carried out the assault on Israel, and Lebanon’s Hizbollah are also part of the same grouping....

March 9, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

Supply chains

Mediterranean ports warn of overflowing storage yards in latest threat to supply chain

...“Capacity is very limited,” he said....

April 23, 2024

Royal Mail

Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach

...“So 320p for the entire group including GLS is insulting,” he added....

April 19, 2024

News in-depthShipping

Shipping industry turns to high-tech wings for faster decarbonisation

...The key moment in SGS’s genesis, according to Gilpin, came in 2015, when she met a group of shipowners at the Paris Climate Conference all concerned about the risks of buying ships reliant on new, untested...

April 21, 2024

News in-depthShipping

Surge in maritime violence boosts demand for private security forces

...The group also struck the True Confidence saying it was an “American ship” even though it had been sold to a Greek company days before....

April 21, 2024

FT Live

Future of Asset Management Europe

New fund firm models for Europe's resurgence

Royal Mail

Royal Mail proposes to halve second-class deliveries

...Second-class letters would be delivered only three times a week and bulk business mailings would take three days to reach recipients under sweeping changes to Royal Mail’s obligations the group has proposed...

April 3, 2024

Royal Mail

Heathrow executive recruited to lead Royal Mail turnaround effort

...There were CEOs at Royal Mail and GLS, its Netherlands-based logistics business, and a chair for the overall group....

April 2, 2024

Shipping

Hedge fund takes on shipping magnates over oil tanker deal

...Founded in 1989, the group and CMB, which is owned by the Saverys family, became a joint venture partner in 1995....

April 11, 2024

InterviewMusic

Ex-Sex Pistol John Lydon: ‘What I do is keep things short, sharp and sweet’

The punk-rocker has finally found creative freedom in the music industry in the shadow of personal loss

February 16, 2024

Middle East conflict

Iran seizes Israel-linked container vessel

...Israel also said that from 11pm local time on Saturday, gatherings would be limited to 1,000 people, and school activities would be cancelled. The cabinet was due to meet later on Saturday....

April 13, 2024

Markets InsightWilliam Wright

The British Isa is a welcome step back to the future

...A more valid critique is that lots of “UK equities” aren’t actually UK companies or have limited activities in the country (such as miner Antofagasta or trading house Glencore)....

March 14, 2024

Wincanton PLC

Bidding war for Wincanton drives up UK logistics group shares

...bidding war for Wincanton sent shares in the UK logistics company up sharply on Thursday, after US rival GXO made an offer valuing its stock 26 per cent higher than an existing recommended offer for the group...

February 29, 2024

News in-depthRoyal Mail

Robot arms and the humble postie: how Royal Mail plans to deliver

...The group recorded a £319mn operating loss for the six months to September 24, its most recent full results, as rivals such as DPD, Evri, DHL and UPS snap at its heels for a slice of large online retailers...

April 5, 2024

Shipping

Somali pirates seize ship as global naval forces focus on Houthi threat

...Martin Kelly, senior Middle East analyst at maritime risk consultancy EOS Risk Group, said a pirate action group had been seen to leave the coast of Somalia on March 3....

March 12, 2024

FT Live

Financial Times @COP

FT Live events coinciding with COP

Personal Finance

A mid-life inheritance: handling a painful windfall

...But contributions to those are limited to £20,000 a year. That leaves much of his expected windfall undeployed....

March 1, 2024

Mergers & Acquisitions

Yodel to be sold off in latest unwinding of Barclay family interests

...The process led Lloyds Banking Group last June to put the Telegraph Media Group into administration....

February 13, 2024

Wincanton PLC

CMA CGM abandons bidding for UK logistics specialist Wincanton

...French container shipping group CMA CGM abandoned its pursuit of UK logistics company Wincanton on Tuesday, making it almost certain that a rival bid by GXO would succeed....

March 5, 2024

Shamima Begum

Isis schoolgirl Shamima Begum loses bid to overturn removal of UK citizenship

...The Court of Appeal on Friday dismissed an effort by Shamima Begum, who left London at 15 to join the jihadist group Isis in Syria, to overturn a ruling depriving her of British citizenship....

February 23, 2024

News in-depthMiddle East

Houthis blow open murky world of ship nationality

...The voyage was organised by Blue Fleet Group, another Beirut-based company....

March 5, 2024

ExplainerMaritime accidents and safety

The Baltimore bridge disaster: what happened and who will pay?

...group, and then reinsure losses above that at Lloyd’s of London....

March 27, 2024

Maritime accidents and safety

Search suspended for missing people in Baltimore bridge collapse

...Synergy Group said the ship was using specialist pilots to navigate out of the port....

March 27, 2024

Houthi movement

Three killed in Houthi attack on cargo ship off Yemeni coast

...The Houthi rebel group claimed responsibility for the attack on Wednesday evening local time....

March 7, 2024

Automobiles

European ports turned into ‘car parks’ as vehicle imports pile up

...However, many of the Chinese groups were building teams in Europe from scratch and grappling with real-world logistical challenges, car executives said....

April 9, 2024

News updates from March 6: Nikki Haley ends White House run; NYCB to raise more than $1bn in deal lead by Steven Mnuchin’s firm

Three killed in Houthi attack on cargo ship off Yemeni coast

...The Houthi rebel group claimed responsibility for the attack hours earlier....

March 6, 2024

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