FTSE 100 ends lower while Wall Street slips from best levels after mixed US economic data
The UK blue-chip index drifted to a negative finish, while US investors try to assess the latest housing and confidence figures Commodity companies lose ground
US stocks lose nearly all their early gains
UK public finances scarred by pandemic costs
5.02pm: FTSE softly lower at market close
The FTSE 100 closed Tuesday down 22 points, 0.3%, at 7,030, while the FTSE 250 shed 45 points, 0.2%, to 22,439.
The DAX has been the outperformer on a largely slow day, with the German Ifo hitting a two-year high, IG Senior Market Analyst Joshua Mahony wrote. On the UK front, reflation stocks have performed well, while miners continue to lose ground.
Postal Services Market is Booming Worldwide with Prominent Players –United States Postal Service, Deutsche Post DHL Group, Le Groupe La Poste – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Lockdown windfall has given the postal group the “breathing space to transform” 10p payout this year will be followed by 20p in 2021-22
Royal Mail Group PLC (LON:RMG) has restarted dividend payments as the surge in parcel deliveries during COVID-19 lockdown periods sent sales and profits soaring.
Profits leapt four-fold to £726mln in the year to end-March 2021 as revenues climbed by 16.6% to £12.6bn.
For the first time in its five-century history parcels accounted for the majority of revenue, said the postal group, adding the revenue windfall had given it the “breathing space to transform”.
“Instead of the feared trajectory into material losses, the changing customer behaviours during the course of the pandemic have provided top-line growth and profitability in 2020-21.”
Market Report: FTSE climbs back up after Bitcoin s volatility drama dominated the trading stage
FTSE 100 rallied after the cryptocurrency inspired carnage of yesterday that at one point saw Bitcoin shed 40% of its value. London’s blue-chip index was 24 points to 6,975.
Britain has a nationalised rail service again or Great British Railways to be precise as the government announced its long-awaited shake-up. GBR will handle timetables, prices, tickets and rail infrastructure while train operators will run the service on a fee basis.
Royal Mail Group PLC (LON:RMG) has restarted dividend payments as the surge in parcel deliveries during Covid-19 lockdown periods sent profits up four-fold to £726mln. The postal group added it now has the “breathing space to transform”.
E-Commerce in Parcel Delivery Market Robust Demand Aided Revenue Growth | DHL, JD.com, Yamato, OnTrac, Amazon
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E-Commerce in Parcel Delivery market research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; E-Commerce in Parcel Delivery derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in E-Commerce in Parcel Delivery market size forecast,
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