Archive for January 8th, 2013

online retail

Strong growth for online shopping in the UK in December

UK consumers embraced online shopping in a big way this Christmas, new figures showed today. The British Retail Consortium (BRC) said that sales over the Internet in December 2012 increased by 17.8% compared with the same month a year earlier. […]

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FedEx rejects offer from UPS to acquire TNT assets on block for competition clearance

US delivery firm FedEx Corp (NYSE:FDX) has rejected domestic sector player United Parcel Service Inc's (NYSE:UPS) proposal to sell it certain assets of TNT Express NV (AMS:TNTE) as


Italian insurer Generali takes control of eastern European venture in £2.5bn deal

Italian insurance major Generali SpA (BIT:G) on Tuesday announced a EUR2.52bn (USD3.3bn) deal that would see it take full control of its eastern European joint venture GPH and

Rolls Royce

Rolls Royce strengthens civil nuclear operations with PKMJ acquisition

British industrial and engineering group Rolls-Royce Holdings Plc (LON:RR) on Tuesday said it had taken over US nuclear engineering services provider PKMJ Technical Services, in a move to


French financial services group Groupama divests private equity arm

French insurance and banking group Groupama SA said it had struck a final deal to sell its investment arm Groupama Private Equity to domestic private equity firm ACG

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