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...Royal Mail remains the UK’s largest delivery group, but it has lost market share as postal workers resisted plans to change working practices and the company struggled to adapt to the changing market....
...and instability through a mechanism such as a Royal Commission.”...
...“The automotive market . . . is going through one of the most significant transformations since the invention of the combustion engine,” said Dipti Vachani, who leads Arm’s automotive business....
...LockBit’s attack in early 2023 on Royal Mail, the UK’s postal service, thrust the group into the spotlight, while November’s attack on the ICBC sent shockwaves through the financial world....
...US group Lithia, which already has 50 UK sites, will buy the showrooms, Pendragon said on Monday....
...Analysts estimate the country’s automotive industry is already suffering from output that far outstrips demand....
...Royal Mail’s parcel market share dropped from 34 per cent to 25 per cent in between 2020 and 2022, according to analysis group Pitney Bowes....
...personages, they evoke survivors of catastrophe, here slavery, but I thought too of all our journeys through life, each distinctive, fragile, worn down in different places, finding solace in the huddled group...
...Royal Mail, which was privatised just over a decade ago, has battled flagging demand for its services, strikes and growing competition from groups such as Amazon....
...The Mauritius-headquartered group is trying to stop the export of goods seized by Mozambican food trading firm Royal Group, as a long-running dispute between the two companies escalates, people familiar...
...Britain will deploy a Royal Navy task group to the eastern Mediterranean and from Friday will conduct military surveillance missions in the region in a show of support for Israel....
...In a report on Sunday, a cross-party group of MPs warned that the Royal Navy was contending with “readiness gaps and capability shortfalls”, despite claims it was undergoing a “maritime renaissance”....
...Audi oversees Bentley within the VW group....
...Nissan, which has a long-standing alliance with France’s Renault and a partnership with Honda that was announced last week, has wrestled with flagging sales in China as the automotive industry struggles...
...The group’s headline earnings fell to R14bn, from R48.8bn in 2022....
...But Royal Mail, the only UK delivery group required to deliver mail at the same cost to all Britons, has continued to face accusations of lacklustre performance across the country....
...The combined group would be able to serve the rapidly growing EV market while providing spare parts for the hundreds of millions of combustion engine cars that are set to remain on roads for decades to come...
...Fund management group Standard Life Aberdeen was mocked for shortening its name to Abrdn in 2021 while Royal Mail eventually reversed a decision to rebrand as Consignia....
...Hedge fund manager David Einhorn has urged Vitesco Technologies to reject a takeover bid by rival German automotive supplier Schaeffler, warning the electric vehicle specialist against merging with a company...
...For the past two years he has worked across JLR and its parent company Tata Group on battery technology, including overseeing the Indian group’s partnership with Chinese-owned battery maker AESC, and its...
...The group has also recently released a new electric version of its historic Topolino model....
...The sale price of the joint venture plant with Beijing Automotive Group was less than half the price that Hyundai had initially sought....
...The Japanese electronics group has announced plans to sell part of its automotive systems business to US private equity group Apollo Global Management....
...The German group on Monday said measures designed to save €400mn annually would affect a “mid four-digit range . . . across all parts and all levels” of the 100,000 people employed by its automotive division...
...The higher forecast came even as the group, which spun off its automotive division last year, boosted operating profits from its continuing operations to £420mn for the year to end December 2023, up from...
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