Ver.di, the union which represents workers of Germany’s postal
service, it threatening Deutsche Post (DP) with strikes following
the announcement that DP intends to cut 3000 jobs, a plan which it
rejects. It announced that its works councils will no longer approve
overtime by its workers, who number around 80,000.
The Postcomm Subpostmasters Survey Initial Findings
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Read MoreNew company aims to shake up
GBP1bn a year same-day courier market by trading in spare capacity * Operating model guarantees payments and boosts revenues. UK start-up Expeditus (www.expeditus.co.uk) begins trading today with a pledge to grow the same day courier market by offering courier firms the opportunity to easily trade spare capacity across the industry over the Internet.
Swissair Group, the heavily indebted Swiss aviation group, on Tuesday drew a line under its disastrous investment in Sabena when it reached a settlement with the Belgian government to support a further recapitalisation of the struggling flag carrier. The deal will see Swissair, which has a 49.5 per cent stake in Sabena, inject E258m ($221.5m) into the Belgian airline with the majority shareholder, the Belgian government, funding the remainder of a E430m rescue package.
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