Hints and tips:
...In 2019 Flatt’s group absorbed Oaktree Capital, the $166bn distressed debt group founded by billionaires Howard Marks and Bruce Karsh....
...In one tweet this month, Mr Trump said: “I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy.”...
...You could call it “Cook v Zuck”. In one corner, Tim Cook, the cautious veteran trying to rise above the fray. In the other, Mark Zuckerberg, the embattled upstart with a lot to prove....
...It’s the news that investors in parcel delivery heavyweights UPS and FedEx have been dreading....
...Businesses are gaining more freedom to experiment with drones in the US after the government created 10 light-touch regulatory zones for companies to test aerial services ranging from parcel delivery to...
...But the Seller Flex service, which Bloomberg said has already started on a trial basis this year on the west coast with a broader roll-out planned in 2018, would mark Amazon’s boldest attempt yet to lessen...
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
...The sale marks the first step in Maersk’s move to break itself up and is likely to be the biggest single transaction....
...Spotify, the music streaming service, plans to list existing private shares directly on NYSE as soon as the fourth quarter rather than doing a formal IPO....
...Including the impact from the mark-to-market pension charges, UPS fell into a net loss of $239m for the quarter....
...Even the better-known Chicago-born Groupon, the site which offers daily deals on goods and services to retail customers, has strong connections to the city’s corporate past....
...“This agreement will mark the beginning of a new era in the aviation of North America, as the first and the largest cross-border alliance between Mexico and the United States,” Aeroméxico CEO Andrés Conesa...
...These forecasts exclude the impact of TNT Express results — the Dutch company FedEx acquired last year — and the mark-to-market pension adjustments....
...FedEx shares gained 6.6 per cent in after-hours trade after the express parcel service brushed aside delivery problems during the pre-Christmas peak season to record earnings that beat expectations....
...The express parcel service, which struggled in the fourth quarter in 2013 and 2014, also forecast that 2016 earnings per share would be between 5 and 9 per cent higher than 2015....
...Mark McVicar, analyst at Barclays, predicted a “rebalancing” of the parcel market. “The shipper and consumer . . . eventually will be prepared to pay a bit more for a good quality delivery....
...The new deal, under which the jets will be leased for five to seven years, marks the first time Amazon has publicly confirmed its secretive air cargo programme....
...Shares in FedEx rose in after-market trading after the express parcel service said it expected “solid earnings growth” over the next six months after recording robust results for the three months ended November...
...United Parcel Service (Delivery Services) 70. Banco Santander (Finance) 71. BMW (Automotive) 72. Accenture (Finance) 73. Sony (Technology) 74. Coca-Cola (Consumer Goods) 75....
...The tens of millions of packages generated each day account for almost two thirds of all parcel deliveries in China....
...Mr Smith said 2014-15 had been a transformative year, including acquisitions that “promise to strengthen our portfolio of services and change what’s possible for customers”....
...UPS shares tumbled on Friday after the express parcel service admitted it had misjudged peak Christmas demand for a second successive year, overspending on efforts to avoid the congestion that delayed many...
...over allegations about the legality of the service....
...Picture the sight as the Oxford eight makes a final push for victory on the Thames, only to be sunk by the untimely delivery of an unexpected and rather heavy parcel....
...A chaotic peak gift-giving season that led thousands of customers to receive their parcels late will knock almost 14 per cent from United Parcel Service’s fourth-quarter 2013 earnings....
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