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Royal Mail
Royal Mail owner rejects £4.5bn takeover bid from Czech billionaire Křetínský
...EP did not disclose the terms of its approach. The group said it had sought the IDS board’s backing for a possible cash offer....
April 17, 2024
Royal Mail
Royal Mail to introduce parcel lockers in push to keep pace with rivals
...The proposals are the latest attempt by the 507-year-old postal service to meet the growing demand for 24-hour online shopping deliveries....
December 26, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Institutional Shareholder Services Inc
ISS clashes with German blue-chips over boardroom independence
...BASF also said that ISS’s view was based on general principles and “makes no reference to [Bock’s] specific work as chairman of the supervisory board over the past four years”....
April 17, 2024
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
UPS replaces FedEx as main air cargo provider for US Postal Service
...FedEx moved most of the United States Postal Service air cargo nationwide....
April 1, 2024
FT GlobetrotterCharting London’s museums
Sorted: a first-class ride through British postal history
...Mail for Everyone, the next gallery, illustrates how invention and technology modernised and democratised the postal service....
April 2, 2024
LexPoste Italiane SpA
Poste Italiane, unlike Royal Mail, brings both the mail and the cash Premium content
...Shares in its holding company International Distributions Services languish below the October 2013 initial public offering price. The weight of its public service obligations weighs heavily....
April 5, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Royal Mail
Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach
...While EP Group also holds some 30 per cent of PostNL, the Netherlands’ legacy postal service, a potential takeover of IDS would mark the first logistics business that Křetínský controlled....
April 19, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
UK officials ‘far more guilty’ than ministers in Post Office scandal, inquiry told
...Bates met Ed Davey, leader of the Liberal Democrats, when he was postal affairs minister in the 2010 coalition government....
April 9, 2024
News updates from January 24: Joe Lewis to plead guilty in insider trading case, Microsoft passes $3tn market cap
Royal Mail could cut deliveries to 3 days a week as part of regulator plan
...Royal Mail could cut postal deliveries to as few as three days a week, as the UK’s communications regulator sets out options to cut costs at the struggling postal service....
January 24, 2024
News in-depthRoyal Mail
Can Royal Mail deliver Christmas?
...Just “doing well at Christmas” is a “very near-term” target for the UK’s postal service, he added....
December 14, 2023
Stephen Bush
Substack has offered exactly the wrong response to its ‘Nazi problem’
...The reality is that it hosts a number of publishers, but Substack itself is a service, a handy bit of infrastructure for sending newsletters....
January 9, 2024
Royal Mail
Royal Mail could cut deliveries to 3 days a week, says Ofcom
...The postal service is “getting out of date and will become unsustainable if we don’t take action”, said Ofcom’s chief executive Melanie Dawes....
January 24, 2024
Due Diligence
Czech’s in the Royal Mail Premium content
...The bid comes as the postal business, of which Křetínský’s EP Group is the largest shareholder, has seen its stock slide in the last couple of years....
April 18, 2024
Post Office scandal
MPs from all sides admit decades of failings in Post Office scandal
...Seventeen ministers have been responsible for the postal service brief since the flawed Horizon system was rolled out to Post Office branches under a Labour administration in 2000....
January 10, 2024
Post Office scandal
Top judge insists courts can handle Post Office appeals despite planned legislation
...Postal affairs minister Kevin Hollinrake and Alex Chalk, the justice secretary, met members of the judiciary last week to discuss an alternative plan pushed by judges....
February 13, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
Inside BusinessSujeet Indap
Test case looms for companies seeking US bankruptcy protection
...The postal box had been included in the original bankruptcy petition from February 2023....
February 26, 2024
Tesla Inc
Union chief warns of Tesla threat to Sweden’s model
...Postal workers’ refusal to deliver registration plates for new Tesla cars led the US carmaker to file twin lawsuits against the Swedish state and postal service on Monday asking judges to allow it to collect...
November 28, 2023
Live news updates from July 11: Microsoft-Activision deal clears hurdle, Apple to sell products on WeChat
UK postal workers union back deal with Royal Mail
...UK postal workers have backed a deal on pay and changes to working practices at Royal Mail, concluding a dispute that had deeply disrupted mailing services and led to one of the biggest crises in the 507...
July 11, 2023
Live news updates from July 12: US inflation slows more than expected, Disney extends Iger’s contract
UK postal workers union back deal with Royal Mail
...UK postal workers have backed a deal on pay and changes to working practices at Royal Mail, concluding a dispute that had deeply disrupted mailing services and led to one of the biggest crises in the 507...
July 11, 2023
News updates from the Iowa caucuses: Trump called as winner of state race, DeSantis edges out Haley to finish second
‘We’ve been downhill ever since’ Trump, says Iowa voter
...“I believe he did a great job when he was in office last time, and we’ve been downhill ever since,” said Lindy Snyder, a first-time caucus goer who works for the US postal service....
January 16, 2024
News in-depthPost Office scandal
How a Post Office drama galvanised Britain
...He is a fan of woolly jumpers, warm beer and wet Welsh hills. He is a worthy successor to the last star of a hit show about Britain’s postal service: Postman Pat....
January 9, 2024
Sequoia Capital
Sequoia abandons effort to oust Michael Moritz from Klarna board
...The U-turn leaves a vacant seat on Klarna’s board and questions over what originally motivated the company’s largest shareholder to act against its chair....
February 20, 2024
Royal Mail
Royal Mail owner blames widening losses on April pay deal and strikes
...As it prepares for the peak Christmas period, Royal Mail’s deepening losses are the latest sign of the ongoing problems troubling the 507-year-old postal service, whose staff recently walked out for 18 days...
November 16, 2023
News updates from November 27: Israel-Hamas truce extended by two days, Qatar says, Fast-fashion group Shein files confidential IPO paperwork in US
Tesla wins interim decision against Swedish state over car number plates
...In a day of high legal drama, Tesla filed twin lawsuits against the Swedish Transport Agency and national postal service over their refusal to deliver number plates for its cars due to action by postal workers...
November 27, 2023
Tesla Inc
Tesla wins interim decision against Swedish state over car number plates
...In a day of high legal drama, Tesla filed twin lawsuits against the Swedish Transport Agency and national postal service over their refusal to deliver number plates for its cars due to action by postal workers...
November 27, 2023

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