The UK government has approved Czech billionaire Daniel Křetínský’s £5.3bn takeover of Royal Mail, with a “golden share” retained by the government for governance. Křetínský’s EP Group will uphold commitments including maintaining UK operations and meeting delivery obligations. This decision comes after Royal Mail was fined £10.5mn for failing to meet performance targets, highlighting the challenges faced by Křetínský in modernizing the postal service.
Full Article
Waste Management Reports 19% Q2 Growth
Waste Management (NYSE:WM) reported better-than-expected Q2 2025 results, with adjusted EPS of $1.92 and GAAP revenue of $6.43 billion, driven by strong operational gains and segment performances, despite challenges from soft recycling prices and integration costs. The company remains a leader in waste collection and recycling across North America, serving various sectors including municipalities and businesses. Want More Context? 🔎
Read more