The European Commission has not drawn up a recommendation to block the postal joint venture between TNT Post Group NV (TPG) and the UK Post Office, as the Wall Street Journal reported, a commission spokesman said
Read MoreTNT Post Group, (TPG) the Amsterdam-based global mail, express and logistics group, and Britain’s Post Office are preparing last-minute concessions to obtain European regulatory approval for their three-way international mail venture with Singapore Post.
Read MoreSub-Postmasters fear their salaries will drop by 40 per cent
after 2003 when social security benefits and pensions will be paid into bank accounts
KLM, the Dutch flag carrier is considering mounting a joint bid with a private equity group to take over Go, the low cost airline subsidiary of British Airways.
Read MoreShares in Brambles, the logistics company in merger talks with GKN of the UK, fell more than 7 per cent on Friday as analysts cut full-year profit forecasts for the Australian group following the announcement of a weak set of interim results on Thursday
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