A deal has been reached between Royal Mail and the workers’ union following a two-year dispute over job security, pay, and hours. The settlement includes a two-year pay deal backdated to April, worth 3.7%, and a one-hour reduction in the working week, according to the Communication Workers Union. The CWU said there will be no
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The pound ended down again as the UK faced isolation over a mutant coronavirus strain, although hopes of progress in Brexit trade talks helped take some pressure off the currency. At the close of markets, sterling had fallen 0.76% against the dollar to $1.336 and 0.26% against the euro to €1.097. However, this was still
The government has made ”good progress” in talks with France over reopening the country’s UK border, Transport Secretary Grant Shapps has announced. More than 2,800 lorries have been left trapped in Kent after France shut its border to UK travellers on Sunday night, following fears over the spread of a new coronavirus variant. France’s transport minister, Jean-Baptiste
New York Governor Andrew Cuomo — spooked like much of the nation at a more infectious Covid-19 strain identified in the UK – asked the federal government to require that airlines test all passengers on U.S.-bound flights. He clinched an unusual private arrangement with three of them, Delta, British Air and Virgin Atlantic, which agreed
EXCLUSIVE: Disney’s flagship streaming service, Disney+, and its established sibling Hulu lead the list of streamers in total TV advertising impressions in 2020, according to ad tracking firm iSpot. The rankings (see them in full below) define an impression as a verified playing of an ad on a TV screen for at least three seconds.
Discovery has upped its stake in OWN to 95% with the network’s founder and namesake Oprah Winfrey receiving $35 million worth of Discovery stock in exchange, according to an SEC filing Tuesday. Discovery and Winfrey launched OWN in 2008 and the David Zaslav-led media company has periodically raised its stake in the joint venture. It
President-elect Joe Biden gave a sobering year-end message, particularly about the challenges remaining in the Covid-19 crisis and in the impact of the massive cyberattack on U.S. government agencies. Biden said that there was hope with a new vaccine, which he received on Monday, but that the virus is still raging out of control, with
Shares in digital conglomerate Interactive Corp. are up 14% today after the company announced that its video subsidiary Vimeo will be spun off into its own company in 2021. In the quarter ending in September, Vimeo had 1.46 million subscribers, a gain of 21% from the same period a year ago, with revenue of $75.1
Almost exactly two weeks after California Governor Gavin Newsom announced what became a new lockdown for most of the state’s population, the daily number of new cases has fallen for five successive days. Granted, those numbers are dropping from an all-time new daily case high for the state — or any state, for that matter