logo
The Merz government must promote investment, says German Council of Economic Experts

The Merz government must promote investment, says German Council of Economic Experts

CNBC27-05-2025

Monika Schnitzer, chair of the German Council of Economic Experts, discusses the German economy and the GCEE's spring report.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Evri's DHL deal to create one of the UK's largest delivery firms
Evri's DHL deal to create one of the UK's largest delivery firms

Yahoo

time8 hours ago

  • Yahoo

Evri's DHL deal to create one of the UK's largest delivery firms

Evri is set to merge its e-commerce operations with rival DHL in a move that will reshape the UK's parcel delivery landscape and create one of the UK's largest delivery firms. The deal will see the creation of one of the country's largest delivery entities, handling a combined total of more than one billion parcels and one billion letters annually. As part of the agreement, German-owned DHL Group will acquire a "significant minority stake" in Evri, with US private equity firm Apollo, which acquired Evri last year for £2.7 billion, remaining the majority shareholder. The merged operations will function under the Evri Group banner, uniting a workforce of more than 30,000 couriers and van drivers, alongside an additional 12,000 employees. This merger marks a significant development in the UK's competitive delivery market, bringing together two major players to create a formidable force in parcel and letter delivery. They said the merger will offer 'greater choice and cost-competitive solutions' to businesses and consumers, and expand import and export capabilities. The deal will also see Evri entering the UK business letter market for the first time, bolstering its competition to Royal Mail. Martijn de Lange, chief executive of Evri, said: 'We are excited that DHL ecommerce UK will merge with Evri to bring together two highly complementary UK businesses, committed to innovation and offering customers and clients the best possible service. 'By combining Evri's scale, innovation and DHL ecommerce's best-in-class premium van network, we are creating the pre-eminent parcel delivery group in the UK.' Pablo Ciano, chief executive of DHL ecommerce, said: 'DHL ecommerce and Evri both stand for top service quality, reliability and sustainability, which makes this partnership a great fit for our customers. 'Together, we'll be able to offer more efficient, far-reaching and innovative solutions to keep up with the fast-paced e-commerce market.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DHL Express locks out workers across Canada, adding to parcel sector turmoil
DHL Express locks out workers across Canada, adding to parcel sector turmoil

Yahoo

time11 hours ago

  • Yahoo

DHL Express locks out workers across Canada, adding to parcel sector turmoil

MONTREAL — Unifor says DHL Express Canada locked out workers just after midnight today as the two sides failed to reach a contract deal, injecting more labour turmoil into the country's parcel delivery market. The union, which represents 2,100 truck drivers, couriers and warehouse workers across seven provinces, says they went on strike in response at 11 a.m. ET. Advertisement Unifor says the German-owned carrier is proposing to change the driver pay system and planning to use replacement workers before legislation banning them comes into effect on June 20. The work stoppage, which affects package delivery across the country, comes as Canada Post remains at loggerheads with 55,000 workers, whose union last month imposed an overtime ban that scales back parcel services. Unifor says a work stoppage could disrupt next weekend's Formula One Canadian Grand Prix in Montreal, where DHL is responsible for transporting the turbocharged race cars. Unifor says its bargaining priorities remain wages, working conditions and surveillance and automation in the workplace. This report by The Canadian Press was first published June 8, 2025. Christopher Reynolds, The Canadian Press

DHL Express locks out workers across Canada, adding to parcel sector turmoil
DHL Express locks out workers across Canada, adding to parcel sector turmoil

Hamilton Spectator

time16 hours ago

  • Hamilton Spectator

DHL Express locks out workers across Canada, adding to parcel sector turmoil

MONTREAL - Unifor says DHL Express Canada locked out workers just after midnight today as the two sides failed to reach a contract deal, injecting more labour turmoil into the country's parcel delivery market. The union, which represents 2,100 truck drivers, couriers and warehouse workers across seven provinces, says they went on strike in response at 11 a.m. ET. Unifor says the German-owned carrier is proposing to change the driver pay system and planning to use replacement workers before legislation banning them comes into effect on June 20. The work stoppage, which affects package delivery across the country, comes as Canada Post remains at loggerheads with 55,000 workers, whose union last month imposed an overtime ban that scales back parcel services. Unifor says a work stoppage could disrupt next weekend's Formula One Canadian Grand Prix in Montreal, where DHL is responsible for transporting the turbocharged race cars. Unifor says its bargaining priorities remain wages, working conditions and surveillance and automation in the workplace. This report by The Canadian Press was first published June 8, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store