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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
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
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
April 11, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
March 21, 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
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Royal Mail
Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach
...service....
April 19, 2024
Airlines
US airlines under fire for raising baggage fees again
...The airline industry is largely united in opposition to the rule....
March 10, 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
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
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
Counsel for shareholders who challenged Tesla remuneration will submit request in coming weeks
January 31, 2024
Boeing Co
United and Alaska Airlines find loose parts on Boeing 737 Maxes
...The airline said its technical operations team would fix the problem “to safely return the aircraft to service”....
January 9, 2024
Middle East
Alvarez & Marsal restructuring executive detained in UAE
...An executive from consulting firm Alvarez & Marsal was detained in the United Arab Emirates while working to overhaul a Nasdaq-listed company that US authorities charged with fraud last month, according...
January 15, 2024
Boeing Co
Pressure builds on Boeing as customers vent anger over grounding
...“We are taking action on a comprehensive plan to bring these aeroplanes safely back to service and to improve our quality and delivery performance.”...
January 23, 2024
Artificial intelligence
Fintech in AI deal with Brookfield-backed Abu Dhabi payments group
...Payment services company Magnati was spun out of First Abu Dhabi Bank and is now majority owned by Canadian private equity giant Brookfield....
February 26, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Boeing Co
Grounded Boeing planes won’t return to service until they are safe, official says
...United Airlines and Alaska Airlines on Monday found bolts in the plugged doors of some of their Max 9s that needed tightening....
January 10, 2024
US foreign policy
McKinsey and BCG accused of withholding information on Saudi ties
...The records sought by these subpoenas are critical to the ongoing inquiry into efforts by authoritarian governments, like Saudi Arabia, to deploy soft power or use other influence strategies inside the United...
February 1, 2024
Aviation accidents and safety
US grounds some Boeing 737 Max planes after window blows out mid-air
...United Airlines said it has “temporarily suspended service” on the jet. The airline already has inspected about 33 of its 79 Max 9s and expects to cancel about 60 flights on Saturday....
January 6, 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
Accounting & Consulting services
McKinsey and BCG warn staff face jail if they reveal Saudi work
...“We want to determine what work these companies have done and are doing that allows a foreign sovereign to use instruments of commerce in the United States to increase its influence within our shores, and...
February 6, 2024
ESG investing
BlackRock sued by Tennessee over ESG strategies
US state’s lawsuit is the latest Republican-led salvo against $9.1tn asset manager
December 18, 2023
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
Oil
Canada’s oil industry cuts reliance on US market as pipeline expands
...“This is a significant expansion of the country’s pipeline network, and it’s the first with direct access without having to rely on the United States,” said Lisa Baiton, chief executive of the Canadian Association...
May 2, 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
Tesla Inc
Tesla wins interim decision against Swedish state over car number plates
...The carmaker is also suing PostNord, urging the Solna district court to order the release of all parcels addressed to the carmaker....
November 27, 2023

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