DHL Financial News

The boss of one of Australia’s biggest mortgage brokers, Lendi Group, has unleashed an extraordinary broadside at Domain after the real estate platform said it was “actively pursuing an exit” from their joint venture, Domain Home Loans.

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Blue Dart Express, owned by global logistics leader DHL Express, has renamed its time-sensitive delivery service called Dart Plus as Bharat Dart, the company said in a press statement. It said the decision to rebrand the service was taken after «extensive discovery and research process aimed at aligning itself to the evolving needs of its customers». The Blue Dart Express stock gained 2.87% on Monday to close at Rs 6,805.1. Sensex ended the session 0.37% higher. «This rebranding represents an exciting transformation for us as we continue to serve the length and breadth of the country,» said Balfour Manuel, managing director, Blue Dart.

Asia and some disappointing earnings stalled a rally in markets that had pushed several regional indexes to multi-year highs recently. The pan-European STOXX 600 index dipped 0.1% by 0714 GMT, with miners and real estate among the top decliners.

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The unions have called for a strike demanding higher wages and better service conditions. The staff are not employed by Gatwick Airport, they work for four companies- ASC, GGS, DHL Services, and Menzies Aviation. The representatives of the DHL Services and Unite are holding talks to resolve the issue and avoid the strike. But there are problems as Unite has rejected a demand for an 11 percent hike in wages. A spokesperson for Menzies Airlines said that this hike is in addition to the pay revision of 2022. But he said that negotiations are being held and both sides want to avoid the strike. But the unions point out that most of the workers get an average of GBP 12 per hour and work in difficult and demanding conditions. Many companies cut many jobs and many roles were made redundant during the pandemic. Now they are denying the much-awaited pay hike. The experts feel that if the strike takes place, it will further complicate the issue and put the British aviation industry under pressure as it is already under strain due to limited air space caused by Russia-Ukraine War. Besides, workers in air traffic controls are also planning a strike. It may force some airlines to cut flights. EasyJet has already canceled more than 1,700 flights. Airlines strike is looming large at a time there have been several strikes in other sectors like nursing, railways, metro services, Border Force staff, and Civil Services. They all are demanding increased wages as the living cost has gone up in the country.

According to a recent Forbes report, DHL, the commercial arm of Bhutan's Royal Government, entered the Bitcoin mining industry by purchasing BTC when it was priced at $5,000. 

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