Cash deal with PE firm Altor and minority shareholders Will boost Nordic presence, DNB CFO says No job cuts expected, deal to finalise in H1 2025 STOCKHOLM, Oct 21 (Reuters) – Norway’s largest bank DNB (DNB.OL), opens new tab has agreed to buy Swedish investment bank and asset manager Carnegie …
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Item 1 of 4 Director Karan Johar poses during a photo opportunity as he arrives to attend the engagement ceremony of Anant Ambani, son of Mukesh Ambani, the Chairman of Reliance Industries, and Radhika Merchant, daughter of Encore Healthcare CEO Viren Merchant, at Ambani’s Antilia residence in Mumbai, India, January …
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July 20 (Reuters) – Royal Mail’s parent group International Distributions Services (IDS) (IDSI.L) appointed Martin Seidenberg, CEO of the group’s international parcels network, as its new group CEO on Thursday. Seidenberg, who previously spent 15 years at Deutsche Post DHL, joined GLS in 2015 and has been a member of …
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June 19 (Reuters) – The largest union of UK’s Royal Mail will resume voting on an agreement reached with the British postal firm on June 22, after updating its terms to focus on restoring the quality of services and increasing the one-off lump sum payout to employees. The Communication Workers …
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May 24 (Reuters) – Royal Mail’s largest union warned on Wednesday it would suspend voting on an agreement reached with the British postal services firm last month over pay and worker terms, charging the firm of not abiding by some of the agreed-upon conditions. The Communication Workers Union (CWU) had …
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May 12 (Reuters) – Royal Mail’s CEO Simon Thompson plans to step down later this year, saying it was the “right time” for the company to move forward under new leadership, as the British postal group tries to draw a line under a lengthy pay dispute. Parent company International Distributions …
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April 15 (Reuters) – Britain’s Royal Mail and the Communication Workers Union (CWU) have reached a proposed agreement over pay and employment terms, which will be considered by the union’s executive before being voted on by members, the two sides said in a joint statement. More than 110,000 postal staff …
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LONDON, Jan 12 (Reuters) – A cyber incident that led to severe disruption to Royal Mail’s international export services was caused by Lockbit, a ransomware group that some cybersecurity experts say has members in Russia, Britain’s Telegraph newspaper reported. Royal Mail, one of the world’s largest post and parcel firms …
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Dec 2 (Reuters) – Royal Mail had failed to meet its delivery targets for 2021-2022 due to the pandemic, Britain’s communications watchdog Ofcom concluded on Friday, but warned the post and parcel services company that it cannot use COVID as an excuse anymore. The regulator, which launched its probe in …
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New pay offer includes a 7% salary hike over two years Conditions for hike include changes to Sunday working CWU says it would vote to take further strike action Oct 31 (Reuters) – The dispute between Britain’s Royal Mail and its largest labour union flared up again on Monday after …
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