'Opportunistic' takeover bid for UK Royal Mail rebuffed
UK Royal Mail holding company IDS has rejected an “opportunistic” takeover offer by Czech billionaire ...
As a barometer of the state of the UK high street, you can’t do much better than its largest apparel retailer Marks & Spencer, which this week unveiled weak annual results, and has announced that it will not now open any new general merchandise stores in the country. With 766 stores across the UK it believes it has reached “saturation point”, and will instead focus on developing its e-commerce capabilities, supported by the recently opened national distribution centre, as well as its smaller food-only stores. “M&S.com is our new flagship store. Marble Arch [in London] is not the flagship store anymore,” said chief executive Marc Bolland.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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