FedEx, which has more than 660 aircraft, says TNT’s road network – connecting more than 40 countries and more than 550 delivery depots – will be “highly complementary”

FedEx has struck a deal to acquire struggling rival TNT Express for €4.4 billion, ramping up the US delivery group’s presence in Europe and send(...)

FedEx said it will pay €8 in cash per ordinary TNT Express share, a premium of 33 per cent over TNT’s closing price of 6 euros on the Amsterdam exchange on April 2nd. (Photograph: Mario Anzuoni/Reuters)

Package delivery company FedEx Corp will buy Dutch logistics company TNT Express to expand package deliveries in Europe, the companies said. FedEx sa(...)

Eleven members of the Aer Lingus board will decide whether to recommend any offer  from International Consolidated Airlines Group to its shareholders and thus pave the way for a sale. Photograph: Artur Widak/PA

Ultimately, 11 members of the Aer Lingus board will decide whether to recommend any offer for the company from International Consolidated Airlines G(...)

Royal Mail, which remains Britain’s dominant postal company said the amount of UK parcels delivered grew by 2 per cent over the last six months

Online retail giant Amazon’s own delivery service will more than halve the growth potential for Royal Mail’s parcels business, the former state-owned (...)

Brazil slumps after incumbent Dilma Rousseff narrowly wins a second term. Photograph: Paulo Fridman/Bloomberg

Global equity markets slipped yesterday, hit by weak German business sentiment and another decline in oil, while Brazil slumped after incumbent Dilma(...)

TNT has been trying to stabilise earnings by focusing on its European overland network.

TNT Express NV reported a quarterly loss as restructuring measures and a provision to cover potential costs from an investigation into alleged anti-co(...)

Hendricks on queen bee Joan: ‘She was resilient and confident and even when she was dealt some really lousy stuff, she seemed to learn from things. She was a smart cookie’. Photograph: Valery Hache/AFP/Getty Images

Christina Hendricks doesn’t walk into the room so much as glide, as if perched on an invisible pair of roller skates on unseen tracks. And she does(...)

Christoph Mueller: Aer Lingus CEO is to step down next May. Photograph: Bryan O’Brien

The race to succeed Christoph Mueller in the €1.5 million-a-year top job at Aer Lingus is likely to attract candidates from both at home and abroad, (...)

Independent News & Media fell back by 1.84 per cent to close at 16 cents. The company confirmed yesterday that Vincent Crowley (above), its chief executive, has agreed with the board to leave the company. Photograph: Brenda Fitzsimons

Stocks across Europe rose for a fourth week as several large companies rallied amid a resurgence in mergers-and-acquisi(...)

Breaking Bad actors Bryan Cranston (R), Anna Gunn (C) and Aaron Paul (L) hold awards at the 20th Annual Screen Actors Guild Awards. Photograph: Paul Buck/EPA

American Hustle, the 1970s caper comedy from the director David O. Russell, took the top prize, for best ensemble, at the Screen Actors Guild Awards i(...)