Tag Archives: business

As the coronavirus health crisis slowly subsides, economic reality has begun to kick in. Job losses have started to mount – even before furlough is undone – , GDP figures are terrifying, the debt pile is growing and optimism about a V-shaped recovery has gone. There’s one topic of conversation …

Royal Mail has shipped 117 million more parcels than last year during lockdown as the pandemic triggered a boom in ecommerce. The postal specialist said parcel volumes were up 38% while its domestic account parcel volumes, which exclude Amazon deliveries, saw 64% growth. However the letters market continues to be …

… have raised speculation that he may soon begin actively trying to influence the group's future direction. Royal Mail shares rose 2p to 184p on Friday. Source link

Read more The FTSE-100 Index ended the week with a flourish as investors juggled a mixed picture on the global economy with hopes of good news on a vaccine for coronavirus. Up 39.61 at 6290.3, the premier index closed the week two percent higher than on Monday morning. The day’s …

The energy tycoon also praised Royal Mail's “tradition, history and importance of the public service it provides”. The appearance of his fund, Vesa Equity … Source link

Czech energy tycoon Daniel Kretinsky today bought another big chunk of Royal Mail, lifting his shareholding up to 12.1% as part of his gamble that the company’s shares are drastically cheap. The billionaire known as the Czech Sphinx for his secretive ways now owns a stake worth £222 million after …

And in 2018 boss Guru Gowrappan announced that Oath would be no more; Verizon’s collective media outlets would be called the Verizon Media Group from 2019.  Google to Alphabet Google became the largest subsidiary in a new holding company called Alphabet in 2015 as part of a restructuring at the tech giant. The …

Royal Mail has been fined £1.6m by the communications regulator Ofcom for delivering letters late and overcharging for stamps. Ofcom requires the postal service to deliver 93% of first-class post within one working day of collecting it but Royal Mail undershot the target, with only 91.5% of post arriving on …

Ofcom today fined Royal Mail £1.5 million for failing to meet its regulatory first-class delivery target in 2018. Royal Mail is required by Ofcom to deliver at least 93% of first-class post within one working day. But last year 91.5% of first-class post was delivered on time. Ofcom said Royal …

Bloomberg Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated …