Author: France 24

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail’s parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky’s EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era of emails. Meanwhile, the world’s biggest mining firm BHP has walked away from a $49 billion plan to take over British rival Anglo American, after the latter rejected a request to extend talks.  Source link

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Chinese President Xi Jinping called on Thursday for a peace conference on the war between Israel and Palestinian militant group Hamas as he addressed Arab leaders and diplomats at a forum in Beijing. Meanwhile Israel’s military said Wednesday it seized control of a strategic corridor along Gaza’s border with Egypt to cut off smuggling tunnels as it tries to destroy the militant Hamas group in a war now in its eighth month. Follow our liveblog for the latest developments in the war in Gaza. Source link

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