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Royal Mail to pay one-off divi, plans doubling GLS profits by 2025
Royal Mail said it would pay a one off dividend and held full-year profits guidance as it planned to double profits at its parcels division as Britons shifted to online shopping during the Covid pandemic.
Europe midday: Shares hold gains as Archegos worries ease
European shares held gains at lunchtime on Tuesday as investors shrugged off worries over the troubles at Archegos Capital and focused on the prospects of a post Covid pandemic economic recovery.
Europe open: Shares brush off Archegos worries
European shares opened higher on Tuesday as investors shrugged off worries over the troubles at Archegos Capital and focused on the prospects of a post Covid pandemic economic recovery.
Unite Students sells 8 properties for £133m
Accommodation provider Unite Students said it had sold eight properties to Aventicum Real Estate for £133m.
Cairn Energy confirms India to appeal ruling in $1.2bn tax case
India has appealed against an order by an international tribunal to pay $1. 2bn damages to Cairn Energy in a long-running tax dispute, the company said on Tuesday.