InPost teams up with ASOS to launch UK's first next-day out-of-home delivery
The launch of the D+1 delivery service follows InPost's acquisition of British courier company Yodel in April, which significantly expanded its delivery capabilities and positioned it as the third-largest independent logistics operator in the UK.
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31 minutes ago
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Broadridge acquires Signal
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR), today announced that it has acquired Signal, a leader in transforming customer communications for financial services and social sector firms in the UK. 0 "This is an important step toward globalizing Broadridge's digital communications solutions to better serve our clients with operations outside North America," said Mike Sleightholme, President of Broadridge International. "The combination of Signal's digital-first communications and strong relationships with UK financial services firms along with our proven scale and regulatory domain expertise transforms our ability to serve our global clients and extend our footprint in Europe." Signal provides a full suite of design, technology and consulting services that support omni-channel communications for financial services and other firms. Its proprietary technology and deep digital expertise help clients power their shift from legacy print to drive digitization and enhance client engagement. Signal provides an integrated shared service model to support in-house teams alongside specialist managed services, including fully outsourced print production. "Growing expectations from both customers and regulators are driving the need to modernise and digitise the customer and investor experience," said Barney Hosey, CEO of Signal. "Broadridge is a trusted and transformative partner to clients who shares our commitment to innovation. Its focus on providing a more holistic global customer communications experience, while delivering greater value to clients means we are very much aligned. The leadership team and I are delighted to be joining Broadridge and enabling the expansion of its global capabilities to serve customers and investors around the world." Serving nearly every major financial institution in North America and many globally, Broadridge processes billions of critical communications annually. To meet rising regulated communication and compliance requirements efficiently and securely, Broadridge leverages technology and deep regulatory expertise across global jurisdictions to ensure clients maintain compliance as rules evolve. Broadridge's communications and customer engagement platform delivers personalized, compelling digital and print experiences to attract, onboard, engage, and retain customers across industries including financial services, healthcare, utilities, telecom, and insurance. The transaction is not expected to have a material impact on Broadridge's financial results.
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34 minutes ago
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New landlords wanted as three Aberdeen pubs go up for lease
Have you ever wondered what it would be like to step behind the bar at your local pub? With the Stonegate Group making three pubs in Aberdeen available for lease, now could be the perfect time to take on the challenge. The UK-wide pub operator is seeking new 'community-focused' landlords to take over the day-to-day operations at The Bobbin, Murdos Bar and the Black Dog. No prior experience of running a bar is required, with the company more concerned about finding people who are 'dedicated, determined and passionate'. Whoever takes on the businesses will also complete an online qualification to fully prepare them for the role. Instead of a fixed monthly rent, the landlords will pay a base rent plus a percentage of the net turnover. Anyone interested in taking over The Bobbin can expect a potential annual turnover of £1,151,996. The student pub on King Street, described as being 'high-volume' and 'high-energy', has a guide rent of £1,010 per week plus 4% of the net turnover. Someone with experience of managing large teams and event planning is being sought to run what's billed as the country's 'top society pub'. Meanwhile, Stonegate is seeking a 'community-driven' publican to take over the running of Murdos Bar. The listing states: 'This isn't just about running a pub; it's about continuing a legacy and deepening the roots already in place. 'This is the kind of place where everyone knows your name, and there's a sense of loyalty that's hard to manufacture.' The Cairncry Road pub is known for showing live sports and also has a function space used for events, birthdays and fundraiser. The guide rent is £1,010 per week, added to a turnover rent of £923 per week, with a potential annual turnover of £1,192,712. The Black Dog – a classic community pub – in Bridge of Don is also in need of a new 'community-focused' landlord. The ideal candidate has been described as 'hands-on' with 'high energy'. They should also have a passion for local sports and an interest in hosting events. Stonegate's estimated turnover for the North Donside Road pub is lower than the others, at £616,789 per year. However, this also means the weekly guide rent is lower per week at £433, plus £239 from the turnover rent.
Reuters
34 minutes ago
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Asia shares slip, dollar steadies ahead of Jackson Hole
SINGAPORE, Aug 20 (Reuters) - Shares in Asia fell on Wednesday, weighed down by a tech-led selloff on Wall Street, while the dollar gained some ground ahead of a key meeting of central bankers later in the week. Oil prices inched higher after falling in the previous session, as traders bet that talks over a possible agreement to end the war in Ukraine could ease sanctions on Russian crude oil, boosting global supply. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab fell 0.47%, as did stock futures in Europe and the U.S.. EUROSTOXX 50 futures slid 0.55%, while DAX futures lost 0.5% and FTSE futures eased 0.14%. S&P 500 futures dipped 0.2% and Nasdaq futures lost 0.34%, extending its fall from the cash session overnight. "The S&P 500 and Nasdaq slumped overnight as investors ditched high-flying tech stocks with their lofty valuations," said Tony Sycamore, a market analyst at IG. Adding to headwinds for the sector, news that Nvidia (NVDA.O), opens new tab and AMD (AMD.O), opens new tab have agreed to give the U.S. government 15% of the revenues from chip sales in China, as well as reports that the U.S. is considering taking a 10% stake in Intel, have stoked investor worries of the Trump administration's growing influence on tech companies. Sources also told Reuters that U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country. "These developments signal that U.S. government is heading in a concerning and more interventionist direction," said Sycamore. Other bourses in Asia were similarly in the red on Wednesday, with Japan's Nikkei (.N225), opens new tab down 1.2%, while China's CSI300 blue-chip index (.CSI300), opens new tab fell 0.5%. Much of investors' attention at the start of the week was on a meeting between U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskiy and a group of European allies over the Russia-Ukraine war. While the talks concluded without much fanfare, Trump said the United States would help guarantee Ukraine's security in any deal to end Russia's war there. He later said on Tuesday that the United States might provide air support to Ukraine, while ruling out putting U.S. troops on the ground. "The U.S. is not categorically underwriting anything, any security for Ukraine, even if they're open to provide some, because we don't know the conditions under which they will. So there's quite a bit of risk left out there," said Vishnu Varathan, head of macro research for Asia ex-Japan at Mizuho. Oil prices recovered after a fall in the previous session, with Brent crude futures last up 0.46% at $66.09 a barrel. U.S. crude advanced 0.6% to $62.72 per barrel. All eyes are now on the Kansas City Federal Reserve's August 21-23 Jackson Hole symposium, where Fed Chair Jerome Powell is due to speak on the economic outlook and the central bank's policy framework on Friday. Focus will be on what Powell says about the near-term outlook for rates, with traders almost fully pricing in a rate cut next month. "Given the apparent tensions between U.S. CPI and PPI data, (it) does come across as... premature to declare one way or the other. And most importantly, given this kind of dilemma embedded within the data, it is hard to decipher whether the Fed would take or would emphasise the risks that start to mount on the job side of the equation or (the) need to sit firm," said Mizuho's Varathan. Ahead of the gathering, the dollar firmed slightly, pushing the euro down 0.13% to $1.1633, while sterling fell 0.16% to $1.3470. The New Zealand dollar eased 0.17% to $0.5885 ahead of a rate decision by the Reserve Bank of New Zealand due shortly on Wednesday, where a rate cut is expected. Elsewhere, spot gold fell 0.07% to $3,312.89 an ounce.
