Oct 31 (Reuters) – Britain is no longer intervening in Czech billionaire Daniel Kretinsky’s plan to increase his stake in Royal Mail parent International Distributions Services (IDSI.L), sending the company’s shares up more than 7% on Monday. In August, Royal Mail said it had been notified by then business minister …
Read More »Wall Street bonuses to plunge 22% this year – NY state comptroller
NEW YORK, Oct 25 (Reuters) – Wall Street bonuses in 2022 are expected to fall 22% or more from last year’s bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Inflation, the war in Ukraine and rising …
Read More »Royal Mail, union agree on talks over pay through arbitration
Oct 24 (Reuters) – Britain’s Royal Mail and its largest labour union have agreed to engage in talks through the Advisory, Conciliation and Arbitration Service (Acas) to resolve their ongoing dispute over pay, the postal service’s parent company said on Monday. International Distributions Services (IDSI.L) said the opening session for …
Read More »Spain’s number of flights in September reached 94% of pre-pandemic 2019 levels
Oct 17 (Reuters) – The number of flights from and to Spanish airports in September reached 94% of the number registered in September 2019, before the COVID-19 pandemic ravaged the travel industry, flight controlling agency Enaire said on Monday. Enaire routed 191,069 flights in September to and from the country’s …
Read More »European shares slide as recession fears grip global markets
Register now for FREE unlimited access to Reuters.com Register IMF, World Bank expect global slowdown STOXX 600 set to fall 2.4% for the week Logistics firms dragged by FedEx warning Sept 16 (Reuters) – European shares slid 1.2% on Friday as recession warnings from two major global financial institutions and …
Read More »Royal Mail denies talks over potential sale
A Royal Mail postal van is parked outside homes in Maybury near Woking in southern England March 25, 2014. REUTERS/Luke MacGregor Register now for FREE unlimited access to Reuters.com Register Sept 8 (Reuters) – Britain’s Royal Mail (RMG.L) said on Thursday it was not involved in talks with a private-equity …
Read More »Thousands of British postal workers walk out over pay
LONDON, Aug 26 (Reuters) – More than 115,000 workers at Britain’s Royal Mail (RMG.L) began the first of four days of strike action on Friday in a pay dispute which the postal group said was likely to cause significant disruption for customers. It is the latest in a spate of …
Read More »UK spy chief says Putin is losing information war in Ukraine -The Economist
GCHQ Director Jeremy Fleming delivers a speech as he meets with Britain’s Queen Elizabeth during her visit at the Watergate House to mark the centenary of the GCHQ (Government Communications Head Quarters) in London, Britain, February 14, 2019. REUTERS/Hannah McKay/Pool Register now for FREE unlimited access to Reuters.com Register Aug …
Read More »UK’s Royal Mail staff vote for fresh strike action
A postal worker makes a delivery in London, Britain, July 21, 2022. REUTERS/Peter Nicholls Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 17 (Reuters) – Postal workers at Britain’s Royal Mail (RMG.L) have voted to strike in protest at proposed changes to their terms and conditions, a …
Read More »Royal Mail warns of FY loss if four days of strikes go ahead
A postal worker carries mail bags in Altrincham, northern England, February 10, 2016. REUTERS/Phil Noble/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Royal Mail (RMG.L) warned on Wednesday that it could post a loss in the UK for the full-year 2022-23, if four …
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