The staff reduction followed a new contract agreed upon just two days earlier between the logistics giant and German trade ...

Most major stock indexes across the globe ended lower on a weekly basis, as pressure from tech stocks, labor-market weakness, ...

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Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of challenging ...

It doesn't get more luxurious than this. Visitors can take a seaplane over to a futuristic resort that has pool side bars and ...

The country remains the world's largest producer of oil and natural gas and has one of the most advanced technology sectors.

CHENNAI: Tamil Nadu may get its chance to make a mark on the global aerospace and defence manufacturing map by hosting ...

Shares in U.S. listed parcel carriers FedEx (FDX) and United Parcel Service (UPS) failed to deliver today after logistic ...

Shares in DHL owner Deutsche Post surged Thursday after the company said it will slash around 8,000 jobs in Germany this year as part of a broader plan to cut costs and position the company for longer ...

German postal company Deutsche Post announced on Thursday that it will cut 8,000 jobs by the end of the year, citing high costs. The cuts, ...

Deutsche Post has to take cost-cutting measures and is cutting 8,000 jobs by the end of the year in a "socially responsible" ...

Some 8,000 of the 187,000 people working for Germany's mail service Deutsche Post as letter and package carriers will see ...