Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making the headlines. Our business reporters come up with the questions, and you can show us what you know. This week: Royal Bank of Canada posted second-quarter profit …
Read More »Czech Sphinx Daniel Kretinsky warns of Royal Mail ‘death spiral’ over six-days-a-week post… as results show the company is losing £1million a day
By Leah Montebello, Business Reporter Published: 19:37 EDT, 31 May 2024 | Updated: 19:53 EDT, 31 May 2024 Royal Mail is facing a ‘death spiral’ over its obligation to deliver post six days a week, according to would-be owner Daniel Kretinsky. The billionaire – nicknamed the Czech Sphinx – described …
Read More »Canada Post reports C$76m loss in Q1 2024
Pre-tax revenue fell by C$76m (US$55.4m) in the first quarter of 2024 as revenues for parcels and transaction mail declined, Canada Post has reported. According to the post, the Q1 loss improved compared to the same period in 2023 due to the receipt of non-recurring dividends, partly related to the …
Read More »Former US president Donald Trump found guilty of all 34 counts in New York hush money trial
Donald Trump has become the first former US president to be convicted of felony crimes. A New York jury found him guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to an adult film actress who said the two had sex. …
Read More »Will Kate appear on Buckingham Palace balcony on June 15? Princess is ‘considering’ traditional royal lineup for Trooping the Colour parade ‘if she is feeling well enough’
The Princess of Wales is considering making an appearance on the Buckingham Palace balcony after the Trooping the Colour ceremony, it was claimed today. Royal officials confirmed yesterday that Kate will not attend the Colonel’s Review on June 8 – which is the traditional rehearsal for Trooping the Colour, held …
Read More »JD Sports shares plummet as ‘challenging market’ puts a dent in profits
By Angharad Carrick Updated: 04:34 EDT, 31 May 2024 JD Sports shares tumbled on Friday morning after the retailer revealed a dip in profits, despite the group boasting a ‘strong performance in a challenging market’. The sports fashion retailer’s revenues ticked 2.7 per cent higher to £10.4billion in the year …
Read More »Union demands assurances from Royal Mail bidder
The postal workers union will meet representatives from Daniel Kretinsky’s EP Group next week to begin “early conversations” after the tycoon’s company won approval for its takeover bid for the owner of Royal Mail. Dave Ward, general secretary of the Communications Workers Union, said the meeting was likely to be …
Read More »BT Peoplewatch: Data & AI leadership redrawn at BT Digital | People
Joseph Purnell2024-05-31T12:23:00 Senior swaps include new Data & AI leader after Zoë Webster exits the Group, leaving a legacy of AI adoption and foundations for scaling. BT Business changes include senior shuffles for Central Government accounts, while Openreach opts to leave Corporate Affairs & Brand unfilled after Catherine Colloms departs. …
Read More »Patcham Royal Mail plans: Talks still taking place
But Brighton and Hove City Council said that the talks were commercially sensitive and would not say how much the Royal Mail might pay for a long lease. The council entered into talks about a deal that would involve the Royal Mail building a distribution centre at Patcham Court Farm, …
Read More »Dartford’s postbox painting vandal sentenced
3 hours ago Sara Smith,Lauren Collins Phil Harrison/BBC Gold postboxes began appearing across Dartford in February this year A Dartford man who spray painted 38 postboxes has been sentenced to 100 hours of community service and ordered to pay compensation. Danny Whiskin, 33, of Chaucer Way, Dartford had been charged …
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