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Royal Mail
Royal Mail owner rejects £4.5bn takeover bid from Czech billionaire Křetínský
...IDS is comprised of Netherlands-based parcels business GLS and the UK’s Royal Mail, the postal service and courier company....
April 17, 2024
Royal Mail
Royal Mail to introduce parcel lockers in push to keep pace with rivals
...Royal Mail is planning to introduce parcel lockers that will allow people across the UK to collect their own online shopping orders, as the company races to modernise and keep up with rivals such as Amazon...
December 26, 2023
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
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
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...Castlelake has taken advantage of recent market turmoil to expand its credit portfolio beyond aircraft leases, buying up billions of dollars of consumer instalment loans from fintech group Upstart....
April 11, 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
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
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Royal Mail
Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach
...service....
April 19, 2024
News in-depthRoyal Mail
Robot arms and the humble postie: how Royal Mail plans to deliver
...The company plans to offer seven-days-a-week delivery of parcels — as it does now — even if its regulator Ofcom allows it to cut back some other services....
April 5, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
Airlines
US airlines under fire for raising baggage fees again
...Those fees have gone up again. Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
March 10, 2024
LexPoste Italiane SpA
Poste Italiane, unlike Royal Mail, brings both the mail and the cash Premium content
...Strife with staff is something Italy’s service and the Royal Mail share. But with fewer letters and parcels than the UK, Italian posties already only deliver every other day....
April 5, 2024
Markets InsightHuw van Steenis
Is the boom in private credit losing steam?
...What we are seeing is the re-tranching of the banking system where banks parcel the riskiest slice to private credit, providing less risky lending themselves....
April 23, 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
Letter
Letter: Robots writing letters? Thankfully that’s a way off
...Unfortunately this appears to mean caring for old people, delivering parcels and serving food, none of which show any signs of economically viable automation....
March 21, 2024
John Gapper
Convenience stores should make more of themselves
...It is nice to walk out locally, meet people, have a meal, visit a pharmacist, collect parcels and so forth: doing it all together would be very convenient. john.gapper@ft.com...
February 16, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Ireland
Ireland’s ‘TikTok Taoiseach’ vows new social contract
...“Here we go again — pass the parcel with the keys to the taoiseach’s office one more time,” she said....
April 9, 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
The Week Ahead
Opening arguments begin in Trump trial
...Parcel Service Q1, Visa Q2, W R Berkley Q1 Wednesday Germany: Ifo Business Climate survey US: monthly durable goods orders data Results: Abrdn Q1 trading statement, AT&T Q1, Baker Hughes Q1, Boeing...
April 21, 2024
FT Magazine
How did customer service get so bad?
...When levels of service go down, volumes of complaints go up....
April 18, 2024
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
...Bernstein and two other law firms working with it could end up taking fees in Tesla shares, some lawyers speculated....
January 31, 2024
LexPrivate credit
Banks wonder whether to beat private credit upstarts — or join them Premium content
...Traditional deposit-taking banks originate these leveraged loans and parcel them out to specialist funds including so-called collateralised loan obligations....
March 20, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
April 19, 2024
Property sector
Brooklyn’s super-tall ‘Sauron’ tower in clouds of uncertainty
...Stern assembled the parcel with fellow developer Joseph Chetrit, paying $90mn for the Dime building in 2015....
April 8, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Google chief executive Sundar Pichai has shaken up the tech giant’s top ranks and structure to speed up its development and rollout of artificial intelligence products, after facing criticism for falling...
April 18, 2024
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

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