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...“Weak financial performance, poor service delivery and a slow transformation, in the face of a market going through structural change, have put the business under unsustainable pressure,” it said....
...This is a critical challenge in financial services....
...The update comes as the operator of bus, coach and rail services across the world reported a more than 14 per cent fall in adjusted operating profit in 2023....
...As a result, traditional financial products and the investment-led financial services market have proved less attractive to women, says Ross....
...Its economists attribute this to two main factors, with Alphaville’s emphasis in bold below: First, a higher income elasticity of services: as income per capita rises, so does the relative demand for services...
...Transport in America is having a crisis moment....
...financial services at recruiter Harvey Nash....
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
...The carrier, which posted a first-quarter net loss of $231mn, announced a series of cost-saving measures, dropping service to four US airports and cutting headcount by 2,000 employees by the end of the year...
...Train companies are reduced to contractors running services to a timetable determined in Whitehall....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...According to Fabbri, beyond its new condo developments and relative affordability, Yorkville’s new transport links have also been “crucial” in attracting new residents as well as retaining veterans like...
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...This is set to be a record-breaking year for air travel. Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association....
...Singapore’s former transport minister was handed eight more corruption charges in court on Monday in a rare and closely watched graft case in the city-state....
...to German security services....
...Louise Haigh, Labour’s shadow transport secretary, said renationalisation of train operating companies would deliver “the biggest overhaul . . . in a generation”....
...If service obligations are cut then some profits for Royal Mail seem a given. Assume £150mn a year by 2026 and it could be worth £1.2bn....
...“We are now in a period of intense discussions with the government and Transport for London . . . This could help secure the future of the [Derby] Litchurch Lane site,” Alstom said in a statement....
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...on different days, with passengers warned to check before they travel and no services expected on many lines....
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