Headline News
Government to scrutinise £5.3bn Royal Mail takeover
The new Labour government is set to look closely at the £5. 3bn takeover of Royal Mail-owner International Distribution Services by Czech billionaire Daniel Kretinsky.
Carpetright poised to be snapped up by rival Tapi
Tapi Carpet & Floors has agreed to buy a clutch of Carpetright stores as well as the struggling retailer’s brand, it was reported on Monday.
Vivendi to list French TV arm in London
Vivendi is to list its French TV business Canal+ on the London Stock Exchange, the European media conglomerate confirmed on Monday.
Anglo American Platinum on track despite profits fall
South Africa’s Anglo American Platinum said its restructuring programme remained on track on Monday, as it posted a sharp drop in half-year profits.
Balanced Commercial Property sells Curzon Street office holding
Balanced Commercial Property Trust announced the sale of its multi-let office holding at 17A Curzon Street, London W1 on Monday.
Entain appoints Gavin Isaacs as its new chief executive
Gambling giant Entain announced the appointment of Gavin Isaacs as its new chief executive officer on Monday, effective from 2 September.
Ofcom fines BT £17.5m for 'catastrophic' 999 failings
The regulator has fined BT Group nearly £18m over “catastrophic” 999 call-handling failures, it was announced on Monday.
China PBoC cuts interest rates
Rate-setters in China lowered their short-term policy rate for the first time since the summer of 2023.
Kroger places order for new Ocado automated technologies
US grocery giant Kroger ordered two of Ocado's newest technology solutions for its existing and future customer fulfilment centres.
Ryanair sees profits slide, warns of softer fares
Ryanair Holdings posted a sharp fall in quarterly profits Monday and warned fares would likely be “materially” lower than last summer.