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Heathrow exec appointed new head of Britain's Royal Mail
Heathrow exec appointed new head of Britain's Royal Mail
Economy
by  AFP

Logistics and mail group International Distributions Services on Tuesday said it had appointed Emma Gilthorpe as chief executive of its subsidiary Royal Mail. Gilthorpe will join the embattled British postal operator on May 1, working with group chief executive Martin Seidenberg before taking over fully later in the summer months.

Tesla Q1 auto deliveries fall 8.5 pct, shares drop sharply
Tesla Q1 auto deliveries fall 8.5 pct, shares drop sharply
Economy
by  AFP

Tesla reported an 8.5 percent drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares. Elon Musk's auto giant reported 386,810 deliveries over the period, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers.