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Reuters - 5 hours ago

Aramco And DHL Supply Chain Announce new Procurement And Logistics Hub JV In Saudi Arabia

BRIEF-Aramco And DHL Supply Chain Announce new Procurement And Logistics Hub JV In Saudi Arabia March 20 (Reuters) - SAUDI ARABIAN OIL CO 2222.SE : ARAMCO AND DHL SUPPLY CHAIN ANNOUNCE NEW END-TO-END PROCUREMENT AND LOGISTICS HUB JOINT VENTURE JOINT VENTURE AIMS TO BE OPERATIONAL IN 2025 JOINT VENTURE WOULD INITIALLY FOCUS ON SAUDI ARABIA, WITH ASP

Reuters - 6 hours ago

DHL Supply Chain And Aramco Announce Procurement And Logistics Hub Joint Venture

BRIEF-DHL Supply Chain And Aramco Announce Procurement And Logistics Hub Joint Venture March 20 (Reuters) - DEUTSCHE POST AG DPWGn.DE : ARAMCO AND DHL SUPPLY CHAIN ANNOUNCE NEW END-TO-END PROCUREMENT AND LOGISTICS HUB JOINT VENTURE JOINT VENTURE AIMS TO BE OPERATIONAL IN 2025 JOINT VENTURE WOULD INITIALLY FOCUS ON SAUDI ARABIA, WITH ASPIRATIONS TO

Reuters - 4 days ago

Deutsche Post: Credit Suisse is not a core bank for us

Deutsche Post: Credit Suisse is not a core bank for us BERLIN, March 16 (Reuters) - Credit Suisse CSGN.S is not a core bank for Deutsche Post DPWGn.DE , the German postal company said on Thursday. Credit Suisse has assured Post that it has no liquidity problem, especially after support from Switzerland's central bank was pronounced, Post added. Rep

Reuters - 1 week ago

Italy - Factors to watch on March 13

Italy - Factors to watch on March 13 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Thirty people are missing and 17 were rescued in the central Mediterranean on Sunday after the boat in which they were travelling from Libya capsized in bad weather, Italy's coast guard said.

Reuters - 1 week ago

Deutsche Post says it agrees wage deal with union to avoid strike

Deutsche Post says it agrees wage deal with union to avoid strike DUESSELDORF, Germany, March 11 (Reuters) - Germany's Deutsche Post postal company DPWGn.DE said on Saturday it had agreed a wage deal with the Verdi trade union that would enable it to avoid an indefinite strike threatened by unionised workers. The offer - which members still need to vote on - would give Deutsche Post's 160,000 employees in Germany a one-off payment of 3,000 euros over 15 months and raises monthly wages by 340 eur

Reuters - 1 week ago

Italy's Poste teams up with Deutsche Post's DHL on parcels delivery

Italy's Poste teams up with Deutsche Post's DHL on parcels delivery MILAN, March 10 (Reuters) - Italian post office Poste Italiane PST.MI and Deutsche Post's DPWGn.DE DHL Group have signed a strategic partnership in the Italian and international parcel markets, the groups said on Friday. Poste recorded rapid growth of its parcel delivery service in recent years as the coronavirus pandemic boosted online purchases in Italy and abroad.

Reuters - 1 week ago

Deutsche Post DHL And Poste Italiane Announce Strategic Partnership

BRIEF-Deutsche Post DHL And Poste Italiane Announce Strategic Partnership March 10 (Reuters) - Deutsche Post AG DPWGn.DE : DEUTSCHE POST AG - DEUTSCHE POST DHL GROUP AND POSTE ITALIANE ANNOUNCE A STRATEGIC PARTNERSHIP IN THE INTERNATIONAL PARCEL MARKET Source text for Eikon: [ID:] Further company coverage: [DPWGn.DE] (Gdansk Newsroom)

Reuters - 1 week ago

Wage catch-up to prolong Europe's inflation battle

ANALYSIS-Wage catch-up to prolong Europe's inflation battle By Balazs Koranyi FRANKFURT, March 10 (Reuters) - "We've been short-changed for too long," is how many of Europe's top labour unions are framing wage claims this year, promising industrial action if those demands go unheard. The euro zone's 165 million workers have watched their wages slip behind inflation for a third year running even as companies rake in profits by jacking up prices faster than costs rise.

Reuters - 2 weeks ago

German union votes for strike at Deutsche Post, wage talks to continue

UPDATE 2-German union votes for strike at Deutsche Post, wage talks to continue Adds Deutsche Post quotes, background BERLIN, March 9 (Reuters) - Members of Germany's Verdi trade union backed an indefinite strike at Deutsche Post on Thursday but also said wage negotiations would continue on Friday. Some 86% of union members polled had voted to reject the German postal company's current wage offer, well above the 75% threshold required for industrial action, the union said.

Reuters - 2 weeks ago

German union says Deutsche Post wage offer rejected, negotiations to continue

German union says Deutsche Post wage offer rejected, negotiations to continue BERLIN, March 9 (Reuters) - Negotiations between the Verdi trade union and Deutsche Post are to continue after members rejected the German postal company's wage offer, the union said on Thursday. Reporting by Matthias Inverardi, Writing by Rachel More Editing by Paul Carr

Reuters - 2 weeks ago

How to hedge a macro-packed week: BofA

LIVE MARKETS-How to hedge a macro-packed week: BofA STOXX 600 down 0.5% Rate hike worries linger Real estate, miners lead fallers U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com HOW TO HEDGE A MACRO-PACKED WEEK: BOFA (1210 GMT) Are you wondering how to hedge the macro-packed calendar of the coming few days?

Reuters - 2 weeks ago

Deutsche Post - registered uptick in volumes in China at start of the year

BRIEF-Deutsche Post - registered uptick in volumes in China at start of the year March 9 (Reuters) - Deutsche Post AG DPWGn.DE : DEUTSCHE POST - EXPRESS UNIT - WE'VE REGISTERED UPTICK IN VOLUMES IN CHINA AT START OF THE YEAR Further company coverage: [DPWGn.DE] Reporting by Matthias Inverardi

Reuters - 2 weeks ago

DAX: technical signal suggests caution

LIVE MARKETS-DAX: technical signal suggests caution STOXX 600 down 0.5% Rate hike worries linger Real estate, miners lead fallers U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DAX: TECHNICAL SIGNAL SUGGESTS CAUTION (1043 GMT) Favoring European stocks over Wall Street is a quite a popular bet among investors, who see cheap valuations and higher nomi

Reuters - 2 weeks ago

Deutsche Post wants to look at Schenker, board member says

Deutsche Post wants to look at Schenker, board member says DUESSELDORF, Germany, March 9 (Reuters) - Deutsche Post DPWGn.DE will look at logistics company Schenker if the Deutsche Bahn DBN.UL subsidiary comes onto the market, Post's freight chief Tim Scharwath said on Thursday. Deutsche Bahn's supervisory board has instructed management to prepare for the possible sale of Schenker.

Reuters - 2 weeks ago

Rate angst keeps STOXX down

LIVE MARKETS-Rate angst keeps STOXX down STOXX 600 down 0.5% Rate hike worries linger Real estate, miners lead fallers U.S. stock futures inch lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com RATE ANGST KEEPS STOXX DOWN (0932 GMT) The downbeat global mood is spilling over to Europe in early trading on Thursday with the STOXX 600 .STOXX falling 0.5% as uncertainty over the si

Reuters - 2 weeks ago

European shares dragged lower by real estate, rate hike worries

UPDATE 2-European shares dragged lower by real estate, rate hike worries For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Germany's LEG Immobilien weighs on real estate stocks Hugo Boss drops on forecast of slowing sales growth Deutsche Post reverse early losses on dividend hike Dassault Aviation hits record high after strong results Updates to close; adds comment By Shreyashi Sanyal and Johann M Cherian March 9 (Reuters) - European shar

Reuters - 2 weeks ago

Europe set for softer start

LIVE MARKETS-Europe set for softer start Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE SET FOR SOFTER START (0729 GMT) European shares were expected to open a touch lower on Thursday as investors continue to ponder the outlook for rates following remarks by Fed Chair Jerome Powell and ahead of the closely watched U.S.

Reuters - 2 weeks ago

Deutsche Post raises annual dividend; warns of challenging 2023

Deutsche Post raises annual dividend; warns of challenging 2023 BERLIN, March 9 (Reuters) - Deutsche Post DPWGn.DE increased its dividend for 2022 to 1.85 euros per share after a record year on Thursday, up from 1.80 euros a year earlier, and was expanding its share buyback programme, but flagged a challenging year ahead. The buyback programme will be increased by 1 billion euros ($1.05 billion) to a total volume of up to 3 billion euros, the company said.

Reuters - 2 weeks ago

Deutsche Post: Proposed Dividend Increase To 1.85 EUR Per Share

BRIEF-Deutsche Post: Proposed Dividend Increase To 1.85 EUR Per Share March 9 (Reuters) - Deutsche Post AG DPWGn.DE : DEUTSCHE POST: FY 2022 REVENUE 94.44 BILLION EUR, UP 15.5% Y/Y DEUTSCHE POST: FY 2022 EBIT 8.44 BILLION EUR, UP 5.7% Y/Y DEUTSCHE POST: PROPOSED DIVIDEND INCREASE TO 1.85 EUR PER SHARE DEUTSCHE POST: FY 2022 CONSOLIDATED PROFIT 5.36

Reuters - 2 weeks ago

Deutsche Bahn picks three banks to sell $20bn logistics unit

UPDATE 1-Deutsche Bahn picks three banks to sell $20bn logistics unit Adds details on timing, process, bidders By Emma-Victoria Farr FRANKFURT, March 8 (Reuters) - German rail operator Deutsche Bahn has selected Goldman Sachs GS.N , Morgan Stanley MS.N and Deutsche Bank DBKGn.DE to run a sale of its logistics arm for up to 20 billion euros ($21.1 billion), sources familiar with the matter told Reuters.

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