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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
...The company’s share of UK parcel volumes dropped from 34 per cent to 25 per cent between 2020 and 2022, according to mail services group Pitney Bowes....
December 26, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
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
Deloitte LLP (United Kingdom)
Deloitte reverses Covid cuts by expanding office space in London
...Deloitte has taken on extra office space in central London less than two years after making cutbacks, in an about-turn that indicates staff in professional services are returning to the workplace more regularly...
April 2, 2024
United Parcel Service Inc
UPS to cut 12,000 jobs as revenue outlook falls short on weak parcel demand
...In European countries experiencing recessions, demand for express services 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
...It delivers about a quarter of American parcels. UPS trucks haul the equivalent of 6 per cent of the country’s gross domestic product....
January 30, 2024
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
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
Royal Mail
Heathrow executive recruited to lead Royal Mail turnaround effort
...The business also needs to make its operations, currently geared to letters and manual sorting, more efficient and focused on parcel delivery....
April 2, 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
Letter
Letter: IMF can help fix the system of sovereign debt restructuring
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
March 14, 2024
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
FT Magazine
Battle for the American West
...A United Airlines flight crashed here in 1946, just below the summit. This is harsh and spare country, but laid atop it is an invisible and precise geometry. This is graph-paper wilderness....
April 13, 2024
Transcript
Transcript: Is the balance tilting towards Russia in Ukraine?
...My guest is Jack Watling of the Royal United Services Institute here in London. He’s a frequent visitor both to Kyiv and to the battlefront in Ukraine....
November 16, 2023
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
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
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
FT Magazine
How did customer service get so bad?
...But part of the problem is that delivery is a service we expect to get for free. If retailers are paying peanuts for parcel delivery, no wonder we complain that the service is rubbish....
April 18, 2024
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
United resumes flights to Israel in first for US airlines
...The Chicago carrier said it would resume flights between Newark, New Jersey, and Tel Aviv on March 2, with nonstop service beginning four days later....
February 21, 2024
News updates from February 21: Nvidia posts rosy revenue outlook, EU to sanction Chinese and Indian companies for Russia links
United Airlines resume flights to Israel in first for US airlines
...United Airlines is the first US airline to resume flights to Israel, after they were suspended last fall following the outbreak of war....
February 21, 2024
Special ReportUK’s Leading Management Consultants
Consultants navigate regulatory sensitivities in the AI era
...In January, for instance, parcel delivery company DPD’s chatbot composed a poem to a customer about how “useless” the delivery service was, before it was disabled....
February 29, 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
LexUnited Parcel Service Inc
UPS/FedEx: picking a delivery hero is a wager on wages Premium content
An industry-wide fall in package volumes after two years of strong demand means the outlook is nothing to write home about
August 29, 2023
News in-depthShale Oil & Gas
Permian Basin deal wave heralds new phase in shale oil revolution
...One way of driving down costs is by joining together nearby acreage, enabling companies to operate across large swaths rather than piecemeal parcels....
February 14, 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
News in-depthRoyal Mail
Can Royal Mail deliver Christmas?
...But he said the group was pushing to recover parcel volumes and was expecting to “win more [business] than we lost”....
December 14, 2023
Royal Mail
Royal Mail owner blames widening losses on April pay deal and strikes
...The result dragged IDS, which also owns the profitable international parcel business GLS, to a loss before tax of £194mn, an increase of 53 per cent compared with the same period last year....
November 16, 2023

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