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Tag Archives: synd

Royal Mail to Consider Separation of GLS

By Kyle Morris Royal Mail PLC said Wednesday that it will consider the separation of its namesake Royal Mail business and GLS if it can’t achieve significant operational change at Royal Mail in the U.K. The British letter-and-parcel courier said it will rename the holding company to International Distributions Services …

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Royal Mail PLC 1Q Revenue Down 11.5% Year on Year

By Kyle Morris Royal Mail PLC said Wednesday that its fiscal first-quarter group revenue fell 11.5% on year and that it was committed to reaching an agreement with a union after a ballot on strike action on Tuesday. The British letter-and-parcel courier said revenue for the three months ended June …

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Go-Ahead Group Appoints Sarah Mussenden CFO

By Anthony O. Goriainoff Go-Ahead Group PLC said Wednesday that Sarah Mussenden has been appointed chief financial officer effective May 9, and that interim CFO Gordon Boyd will remain in the role until the end of March. The U.K. public-transport operator said Ms. Mussenden has extensive experience across a number …

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UK Regulator Proposes New Protections for Parcel Customers

By Kyle Morris A U.K. regulator said Thursday that it is proposing new protections for people sending and receiving parcels. The Office of Communications plans to improve how delivery firms handle complaints, introduce new rules to ensure the fair treatment of disabled people and introduce regulatory certainty to allow Royal …

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Madrid, the City That Wouldn’t Lock Down

Madrid Isabel Díaz Ayuso became something of a culinary sensation earlier this year. At least one restaurant named a pizza after the Spanish politician and leader of the Madrid regional government. Ms. Díaz Ayuso’s face also appeared on the label of an artisanal beer. Then there are Ayuso-style papas, which …

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Royal Mail Revenue Grew 8.2% 5-Mos Year-on-Year

By Jaime Llinares Taboada Royal Mail PLC said Thursday that its adjusted operating profit for the first half ending Sept. 30 is expected to be between 395 million and 400 million pounds ($537.9 million-$544.7 million). The company said that both the adjusted operating profit and margin of its Royal Mail …

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Stock Futures Edge Down Ahead of Powell’s Comments

U.S. stock futures edged lower Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the S&P 500 ticked down 0.1%. The benchmark stocks gauge on Monday fell for a fifth consecutive day, its longest losing streak since last …

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