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DPD drivers take action in row over payments
Delivery firm DPD could face disruption to its services after some of its drivers began three days of action in a dispute over payments. The drivers involved are refusing to work for three days after DPD said it was cutting the amount it pays for deliveries of small parcels by 65p. One driver told the…
Tynwald committee warns against systematic reliance on reserves
BBC A committee has made 11 recommendations after reviewing the role of the Treasury, reserves and the island’s structural deficit A Tynwald scrutiny committee has warned the Isle of Man’s government could face “significant repercussions” if it does not end its “systematic reliance” on financial reserves. The Economic Policy Review Committee (EPRC), led by three…
ITV in talks to sell television business to Sky
Faarea MasudBusiness reporter Getty Images ITV has said it is in “preliminary” discussions to sell its television business to Sky for £1.6bn. The talks focus on ITV’s Media and Entertainment division, which include its TV channels as well as its streaming service, ITV X. The discussions with Sky, which is owned by US-based Comcast, come…
EasyJet agrees to rival £5.7bn takeover bid from US company
No-frills airline EasyJet says it has agreed in principle to a £5.7bn takeover proposal from US firm Apollo Management – just days after it had accepted an offer from a rival suitor. The Luton-based carrier said Apollo’s offer delivered “a superior outcome” to investors than the previous bid from US investment firm Castlelake that EasyJet…
Indian farmers turn to magical butterfly pea flower
Priti GuptaTechnology Reporter Impex Butterfly pea grows wild across India “Until a few years ago, the butterfly pea flower was just another climbing plant in my village,” says Nilam Brahma who lives in Anthaigwlao, a village in the northeastern Indian state of Assam. Butterfly pea, also known as aparajita in India, grows as a vine…
