Latest Covid-19 developments from around the globe

PARIS: Here are the latest developments in the coronavirus crisis: – Police probe Partygate – British Prime Minister Boris Johnson vows to cooperate with police on any formal probe into coronavirus lockdown-breaking parties at Downing Street, further intensifying pressure on his position. – IMF slashes growth estimate – The Omicron …

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Is Netflix taking matters into their own hands too?

Netflix has followed Spotify and is now also taking steps to get Prince Harry and Meghan Markle to produce some shows in 2022 – 16 months after they signed a reputed £120million deal to make TV. The streaming giant, whose stock tumbled more than 20 per cent on Friday after warning subscriber …

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Royal Mail – parcel volumes and profits fall in Q3

26 January 2022 Transport / Logistics Services Royal Mail has announced its third quarter financial results. Parcel volumes and profits fell in the quarter, though still meeting management’s expectations even with the high street opening up through the pandemic. The postal operator handled 439 million parcels in the quarter, a decrease …

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Hundreds of managers set to go in overhaul at Royal Mail

Royal Mail plans to cut 700 managerial jobs in a restructuring that has forced it to lower its profit outlook for the year. The privatised national postal operator said it hoped that the move would ensure an “improved focus on local performance” and would “devolve more accountability and flexibility to …

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