In French banking, La Poste (F.PST) – the national post office – has always been a force to be reckoned with. It has a 10% slice of the retail market and 15% of all checking accounts, putting it ahead of better-known rivals BNP-Paribas SA (F.BNP) and Societe Generale SA (F.SGF). But it also has a severe handicap: It has no banking license. Without one, it can’t lend money
Read MoreAfter two years of strife, during which its share price has fallen from 500p to last night’s close of 243.5p, Old Mutual analyst Robin Byde believes the foundations for a turnround are finally in place.
Read MorePallet network Palletways has unveiled a new image, including new livery and overnight service to meet its future growth targets.
Read MoreDutch postal, express and logistics company TPG NV said on Thursday it had formed a mail delivery joint-venture, named Redmail, with unlisted Austrian publishing group Styria Medien AG
Read MoreAn Post is believed to have sought a rise of about 30 per cent in
international postal rates.
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