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Media
Barclay family pledges UK businesses for Abu Dhabi loans in Telegraph bid
...The move comes as the Barclay family have scrambled to sell off assets to raise cash, including the Spectator magazine’s headquarters in Westminster, and Yodel, the parcel delivery group....
February 20, 2024
United Parcel Service Inc
UPS to cut 12,000 jobs as revenue outlook falls short on weak parcel demand
...UPS reported fourth-quarter revenue of $24.9bn that was down 8 per cent year on year and missed Wall Street forecasts as average daily parcel volumes fell....
January 30, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
LexUnited Parcel Service Inc
UPS’s results don’t offer canary in the coal mine hint for US economy Premium content
...That UPS results are seen as a bellwether of the US economy is no surprise. It delivers about a quarter of American parcels....
January 30, 2024
LexUnited Parcel Service Inc
UPS/FedEx: picking a delivery hero is a wager on wages Premium content
...UPS and FedEx are not that far apart in terms of revenues, UPS boasts operating margins that are almost twice that of FedEx....
August 29, 2023
Due Diligence
Czech’s in the Royal Mail Premium content
...Křetínský’s bought stakes in supermarket chain J Sainsbury and London football club West Ham United....
April 18, 2024
The Week Ahead
Groundhog Day rings true for US politics
...Parcel Service Q4, Whirlpool Q4 Wednesday Brazil: Banco Central do Brasil Monetary Policy Committee (Copom) rate-setting decision announced France: preliminary January consumer price index (CPI) inflation...
January 28, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Scoreboard
A rare encounter with Aston Villa’s owner Premium content
...PSG, which signed him for roughly €180mn in 2017, pays up to €200mn a year to retain his services. The club now faces a battle to limit the financial damage during his exit talks....
February 17, 2024
Special ReportNorth America Innovative Lawyers
Top legal practitioners who lead in their fields
...He helped pioneer the emergence of specialised collateralised loan obligations and also helped develop the market in collateralised fund obligations — vehicles that parcel up stakes in private equity and...
December 5, 2023
Art Basel Miami Beach 2023
Designer Samuel Ross: ‘I love that red-hot line between sculpture and furniture’
...“But these benches are there for service, for people to find respite, or for kids to climb over,” says Ross, who has a six-year-old and an 18-month-old....
November 24, 2023
Live news updates from July 5: Fed signals determination to raise interest rates after June pause, PwC links Google to Australian tax leak scandal
Risers and fallers in the US
...US share moves to note on Wednesday included Nikola, UPS and Phinia. United Parcel Service fell 2 per cent as negotiations with the Teamsters union hit a roadblock....
July 5, 2023
Automobiles
US car workers launch strike against big three Detroit automakers
...Writers and actors have walked out, pilot unions at major airlines won four-year contracts to raise pay by a third or more and United Parcel Service workers represented by the Teamsters achieved a wage increase...
September 15, 2023
Unions
Teamsters boss vows tougher line in US labour talks
...Competitors have echoed that concern, with Mike Parra, chief executive of DHL’s Americas business, saying that other parcel delivery services would not be able to pick up the slack....
June 7, 2023
The FT ViewThe editorial board
Assertive US unions pose a challenge for Joe Biden
...The Teamsters negotiated a deal with United Parcel Service under which the average driver should be earning $170,000 in annual pay and benefits within five years....
September 18, 2023
The Big Read
The unexpected revival of America’s trade unions
...Momentum had already been building when the UAW went on strike, he says, with organising in new industries and the Teamsters union winning a lucrative new contract for United Parcel Service workers in July...
December 13, 2023
FirstFT
FirstFT: US strengthens Red Sea defence force
...Members of the United Steelworkers union have also voiced dismay....
December 19, 2023
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Robert Menendez
Robert Menendez charges rattle New Jersey’s infamous Hudson County
...Menendez, the son of Cuban immigrants, rose under the tutelage of William V Musto, the mayor of Union City from 1962 to 1982, with a four-year interregnum....
October 8, 2023
The Week Ahead
Earnings season peaks while ECB and Israel set interest rates
...Parcel Service Q3, Universal Health Services Q3, Universal Music Group Q3, Vinci Q3, Volkswagen Q3, Volvo Q3, Whirlpool Q3, Willis Towers Watson Q3, WPP Q3 trading update Friday First anniversary of Elon...
October 22, 2023
Northern Ireland
New EU trade rules could snarl Northern Ireland supply chains, companies warn
...The new Windsor framework rules will be rolled out gradually with the red and green lane system extended from food and drink products to all other goods and parcels in October 2024....
September 30, 2023
FT Magazine
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
...When he wrote on his website, “I believe in the United States of America. I believe in a strong national defence....
March 28, 2024
Kosovo
US restricts co-operation with Kosovo after ethnic tensions flare up
...“The process is badly damaged,” said Edward P Joseph, a Balkans expert at Johns Hopkins University in the US....
May 30, 2023
FT CollectionsWar in Ukraine: economy and trade
The shadowy network smuggling microchips into Russia
...“It’s always been something of a whack-a-mole game for western intelligence services,” Miller says. “Whenever one network is shut down, you have to presume a new one gets set up....
November 12, 2023
Corporate governance
Investors pull back support for green and social measures amid US political pressure
...The waning enthusiasm was evident across an array of businesses including Amazon, ExxonMobil and United Parcel Service....
June 8, 2023
US employment
US employers slow down hiring before holiday shopping rush
...UPS, the parcel delivery group, held a job fair in Long Island, New York this month....
November 25, 2022
Deyan Sudjic
What will the London of the future look like?
...The most radical version of London that she proposes is as an emerging sovereign city-state, one that has left the United Kingdom and rejoined the EU....
October 18, 2023
The Weekend Essay
‘We will rebuild everything’: war, loss and faith in Ukraine
...V says that we should be proud that we did not break, but became united. V is proud of his son, who wanted to join the army with him....
December 30, 2022

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