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Royal Mail fined £21m by Ofcom for missing delivery targets
Emer MoreauBusiness reporter Getty Images A quarter of all first-class post was delivered late last year Royal Mail has been fined £21m after almost a quarter of first-class post arrived late, Ofcom has announced. It is the third-largest fine the communications watchdog has ever issued and follows its investigation after Royal Mail missed its targets…
Snap settles social media addiction lawsuit ahead of trial
Snapchat’s parent Snap has settled a social media addiction lawsuit just days before the landmark case was due to go to trial in Los Angeles. Terms of the deal were not announced as it was revealed by lawyers at a California Superior Court hearing, after which Snap told the BBC the parties were “pleased to…
Machu Picchu hit by a row over tourist buses
Jane ChambersBusiness reporter, Aguas Calientes, Peru AFP via Getty Images Machu Picchu attracts more than 1.6 million tourists per year, but getting there is not easy Machu Picchu, the remains of a 15th Century Inca city, is Peru’s most popular tourist destination, and a Unesco world heritage site. Yet a continuing dispute over the buses…
Tools and Tips to Successfully Organize Your Small Business
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Comac: The Chinese planemaker taking on Boeing and Airbus
“In the future we welcome all newcomers. We are keen to see more competition. Comac has got its certification process to go through and at some point in the 2030s, we see that it will be an offering that would be attractive to ourselves and other carriers,” Mike Szucs, chief executive of low-cost Philippines carrier…
