Royal Mail challenges Ofcom’s postal reforms

Royal Mail has warned that some of Ofcom’s proposed reforms to the universal service obligation go “against the wider government drive to reduce unnecessary regulation”. International Distribution Services (IDS), which owns Royal Mail, added that the changes outlined by Ofcom to the universal service obligation (USO) would not deliver a …

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NHS to be given its own Royal Mail postage class

Health Secretary Wes Streeting said an agreement between the Royal Mail and the health service to introduce a new barcode system specifically for processing NHS letters would “ensure patients get their appointment information when they need it”. A letter to Ofcom, seen by the Telegraph, and co-signed both NHS and …

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Austrian Post: dividend amounts to EUR 1.83 per share

At today’s Annual General Meeting of Austrian Post, almost 600 shareholders and their representatives exercised their voting rights, more than 300 of whom were physically present in the Aula der Wissenschaften in Vienna. A further 626 shareholders took part by postal vote. All agenda items were approved. The Management Board …

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What markets are signaling about supply & demand

Oil (CL=F, BZ=F) prices are being influenced by a mix of supply and demand factors. Rebecca Babin, CIBC senior energy trader, joins Trader Talk podcast host Kenny Polcari on Catalysts to discuss how global tariffs, particularly in nations like India and China, could influence future demand. To watch more expert …

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