In January, regulator Ofcom began offering consultations on the future of the universal postal service. According to the regulator, the agency is now concentrating on implementing improvements to the second-class service, while maintaining first-class delivery six days a week. Second-class deliveries would only occur on alternate weekdays under the proposed …
Read More »Former Royal Mail executive tells inquiry she was assured accounting software was reliable
Open this photo in gallery: Moya Greene, former Chief Executive of Royal Mail Group, speaks in London, in November, 2015.Toby Melville/Reuters The Canadian businesswoman who headed Britain’s Royal Mail for nearly a decade has told a public inquiry that she was misled by company executives about the scale of a …
Read More »Royal Mail owner approves takeover bid from Czech billionaire
Open this photo in gallery: A Royal Mail worker loads vans at a delivery office in Tonbridge, Britain, on May 29.Chris J Ratcliffe/Reuters It was established by King Henry VIII to send messages to members of the royal court, and now, for the first time in its 508-year history, Britain’s …
Read More »Royal Caribbean recruiting thousands to meet surging demand, sources say
Cruise operator Royal Caribbean Group is in discussions with new and existing markets around the world to recruit thousands of workers to staff its ships and private destinations to keep up with record cruise demand. The number of people taking cruises hit a record in 2023, and with the surge …
Read More »Royal Winnipeg Ballet to premiere T’əl, a historic Indigenous-language production
Open this photo in gallery: Dancers Stephan Azulay, front left, and Tymin Keown, front right, rehearse for the Royal Winnipeg Ballet’s T’əl: The Wild Man of the Woods, which debuts April 25. Silhouetted against beams of fluorescent light shining from the ceiling of a vast studio, more than two dozen …
Read More »IDS shares rise as Czech billionaire posts interest in Royal Mail
Shares in IDS, the owner of Royal Mail, rise after reports that it has received – and rejected – a bid from Czech billionaire Daniel Křetínský. ADVERTISEMENT UK postal and courier service, Royal Mail, has received a takeover bid from Daniel Křetínský, a Czech billionaire who has also invested in …
Read More »U.S. regulators accuse company of fraudulently selling coins from Royal Canadian Mint
Open this photo in gallery: The exterior of the Royal Canadian Mint in Winnipeg on July 15, 2005.MARIANNE HELM/The Canadian Press U.S. regulators are suing a California company, its chief executive officer and two of its former employees, alleging they participated in a fraudulent scheme to convince customers to cash …
Read More »Royal Mail, CWU agree to extend negotiations over pay
More than 110,000 postal workers at Royal Mail held several nation-wide strikes in 2022, joining a chorus of sectors in Britain — from teachers to nurses and rail workers — demanding higher pay to cope with elevated inflation. “Talks continued this weekend. Progress has been made in some areas and …
Read More »Unilever names former Heinz executive Hein Schumacher as CEO
A sign at the Unilever headquarters, in Rotterdam, Netherlands, on Aug. 21, 2018.Piroschka Van De Wouw/Reuters Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July in a move that was welcomed by investors including board member and activist shareholder Nelson Peltz. Schumacher, 51, rejoined …
Read More »Exco Technologies hit by cybersecurity incident at three factories
Exco Technologies Ltd. says three of its factories have been hit by what it is calling a cybersecurity incident. The company says it has taken steps to secure its systems and mitigate the impact to the company’s data and operations and that it is in the process of bringing the …
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