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FTSE 100 Rises on Day of Earnings Results - Market Report

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Summary: FTSE 100 rises on a day of earnings announcements , driven by Cendrica 's exceptional performance with a tenfold increase in net cash and 55% jump in adjusted profit . Shell 's $5.5 billion buyback scheme and dividend hike fail to impress investors , leading to a decline in shares. Barclays faces challenges as increasing quarterly pre-tax profits are overshadowed by mounting bad debt provisions . Drax Group 's positive half-year pre-tax earnings do not prevent a slip in shares. BT opens higher on the back of quarterly revenue rise , while Ocado 's shares are impacted by the upcoming retirement of th...

Air Mail: Orkney Residents to Receive Post By Drone

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Summary: The Royal Mail and Skyports are launching the UK's first permanent drone delivery service in the Orkney Islands. The drones will be used to transport mail and packages from the Kirkwall Delivery Office to designated islands. The proximity of the islands allows the use of existing CAA permissions for drone flights. The drone deliveries offer faster and more eco-friendly postal services, reducing carbon emissions. The trial period of three months will determine the feasibility of expanding the service to other areas. ...