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Royal Mail and DHL halt some US deliveries over tariffs

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Royal Mail and DHL halt some US deliveries over tariffs


Postal services around the world are pausing some deliveries to the US over confusion around new import taxes that must be paid on parcels from the end of the month.

US President Donald Trump signed an executive order last month ending the global import tax exemption on low-value parcels, which takes effect from 29 August.

While gifts worth less than $100 will remain duty-free, the changes mean all other packages will face the same tariff rate as other goods from their country of origin.

Postal services, including Royal Mail and Germany’s DHL, said they would suspend deliveries until they had proper systems in place to deal with the new rules.

Royal Mail said it was withdrawing its current US export services for businesses from Tuesday, but added it hoped to have a new system up and running within two days to allow it to comply with the new rules before they kick in.

“We have been working hard with US authorities and international partners to adapt our services to meet the new US de minimis requirements so UK consumers and businesses can continue to use our services when they come into effect,” the company said.

Royal Mail said cards and letters could continued to be posted as usual.

The US had a so-called de minimis exemption on packages worth up to $800, which allowed consumers to buy cheap clothing and household goods from sites such as Shein and Temu without paying import duties.

But the duty-free rule on Chinese goods ended on 2 May, and is now being extended to the rest of the word.

The White House said ending the duty-free exemption would combat “escalating deceptive shipping practices, illegal material, and duty circumvention”, claiming some shippers had “abused” the exemption to send illicit drugs into the US.

The Trump administration said de minimis shipments had skyrocketed from 115 million in the 2023/24 financial year, to 309 million by 30 June this year.

While China is a major source of shipments that use the exemption, Canada and Mexico are also significant sources of low-cost parcels being sent to the US.

Deutsche Post and DHL Parcel Germany said it was temporarily suspending parcel delivery for business customers to the US from Saturday, as “key questions remain unresolved” about how duties would be paid, and by whom.

DHL sad it was “closely monitoring the further developments” and remained in contact with US authorities, and said shipping via its DHL Express services “remains possible”.

“The company’s goal is to resume postal goods shipping to the US as quickly as possible,” it said.

Earlier this week PostNord announced it was also suspending services as the US authorities only provided details about the required changes on 15 August.

“This decision is unfortunate but necessary to ensure full compliance of the newly implemented rules,” said Bjorn Bergman, PostNord’s head of group brand and communication.

Online marketplace Etsy said it was suspending shipping label purchases from 25 August for Australia Post, Canada Post, Royal Mail and Evri for US-bound packages while couriers adjusted services.

“The state of tariffs is evolving, so please be sure to keep an eye on recommendations from your preferred shipping carrier,” Etsy said in advice to its sellers.

In Trump’s “big beautiful bill”, passed by Congress on 3 July, the change to de minimis was due to come into effect on 1 July 2027, but a recent executive order sped up the process by two years.

The new rule does not affect personal items Americans carry with them from foreign travel valued at $200 or less and it does not affect gifts valued at $100 or less.



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Zipcar to end UK operations affecting 650,000 drivers

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Zipcar to end UK operations affecting 650,000 drivers



Car-sharing firm Zipcar has confirmed it is stopping operations in the UK after launching a consultation late last year.

The move will hit the company’s roughly 650,000 drivers across the country.

On December 1, the US-based company told customers in the UK that it planned to suspend new bookings temporarily at the turn of the year.

The business, which had 71 UK employees at the end of 2024, launched a formal consultation with staff as a result.

On Friday, in a fresh email to customers, the business said it “can now confirm that Zipcar will cease operating in the UK”.

The company added: “In accordance with clause 7.5 of the member terms, please take this as your written notice that we will formally close your account in 30 days’ time.

“It’s not possible to make any new bookings with Zipcar UK at this time, but your account will remain open until February 16.”

It added that customers will be entitled to a pro-rated refund for any remaining periods on current plans or subscriptions, from the start of 2026.

Zipcar said this will be done automatically and will not require any action from users.

Accounts showed that the van and car hire firm saw losses deepen to £5.7 million in 2024 after a decrease in customer trips.



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Budget 2026: Will Markets Be Open On February 1? Full Details Inside

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Budget 2026: Will Markets Be Open On February 1? Full Details Inside


New Delhi: Good news for investors and market watchers! Even though February 1 falls on a Sunday this year, the Indian stock markets will remain open for trading on Budget Day. Both the BSE and NSE announced on January 16 that trading will take place as per normal market hours on February 1 for Budget 2026. This special arrangement ensures that investors can react to Budget announcements in real time, without waiting for the next trading session.

The NSE clarified the special trading arrangement in a circular, stating, “On account of the presentation of the Union Budget, members are requested to note that Exchange shall be conducting live trading session on February 01, 2026, as per the standard market timings (9:15 am-3:30 pm),” said NSE in a circular.

Union Budget 2026 to be presented on February 1 at 11 am

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The Union Budget for 2026 will be presented at 11 am on Sunday, February 1, the Lok Sabha Speaker confirmed on January 12. In recent years, February 1 has become the fixed date for the annual Budget presentation, a trend that continued with the 2025 Budget as well. The upcoming Budget will also be a significant milestone for Finance Minister Nirmala Sitharaman, as it will be her ninth consecutive Union Budget, placing her among finance ministers with the longest uninterrupted Budget tenures.

Trading details for Budget Day explained

While most core market segments will remain open during regular trading hours on Budget Day, some services will stay shut. The BSE has clarified that the T+0 settlement session and the auction session meant for settlement defaults will not be operational. At the same time, the NSE confirmed that trading in capital markets and derivatives will continue as usual.

Stock market holiday list remains the same

The stock market holiday calendar for 2026 remains unchanged, with Indian exchanges observing 16 public holidays apart from weekends. The next scheduled market closure this month will be on January 26. In the first half of the year, markets will remain shut on key occasions such as Holi (March 3), Ram Navami (March 26), Mahavir Jayanti (March 31) and Good Friday (April 3). Trading will also be suspended on Ambedkar Jayanti (April 14), Maharashtra Day (May 1) and Bakri Id (May 28).

In the second half of the year, markets will close on Muharram (June 26), Ganesh Chaturthi (September 14), Gandhi Jayanti (October 2), Dussehra (October 20), Diwali Balipratipada (November 10) and Guru Nanak Jayanti (November 24). Christmas, on December 25, will be the final market holiday of 2026.



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What Are Bulk And Block Deals? Here’s How They Can Change A Stock’s Price Overnight

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What Are Bulk And Block Deals? Here’s How They Can Change A Stock’s Price Overnight


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While bulk deals may reflect emerging interest in a stock, block deals are usually pre-planned and involve large institutional investors

Market experts say tracking bulk and block deals can offer useful insights into the actions of large investors and institutions. (Representational Photo)

Market experts say tracking bulk and block deals can offer useful insights into the actions of large investors and institutions. (Representational Photo)

Investors tracking stock market movements often come across terms such as ‘bulk deal’ and ‘block deal’ in daily trading updates. At times, a sharp rise or fall in a stock price can be traced back to these large transactions. Understanding what these deals mean, how they differ, and why they matter can help investors make better sense of market activity.

Bulk Deal

A bulk deal occurs when an investor or institution buys or sells 0.5% or more of a company’s total equity shares in a single trading day. Such transactions take place during normal market hours and are disclosed by the stock exchanges after the market closes.

Bulk deals can have an immediate impact on a stock’s price, as heavy buying or selling often signals strong interest or exit by a large investor. Retail investors sometimes view bulk purchases by institutional players as a vote of confidence in the company.

Block Deal

A block deal is executed through a special trading window provided by the stock exchanges. To qualify as a block deal, the transaction must involve at least 5 lakh shares or be valued at more than Rs 5 crore. These deals are carried out during a specific time slot known as the block deal window, and both the buyer and seller are identified beforehand.

The main objective is to facilitate large transactions without causing excessive volatility in the open market. Unlike bulk deals, block deals are reported to the exchanges immediately.

Differences Between Bulk and Block Deals

Bulk deals are executed during regular trading hours and typically involve relatively smaller quantities compared to block deals. They are disclosed at the end of the trading session. Block deals, on the other hand, are meant for very large transactions, take place in a designated time window, and are reported in real time.

While bulk deals may reflect emerging interest in a stock, block deals are usually pre-planned and involve large institutional investors.

Types of Deals in the Stock Market

There are broadly four types of transactions in the equity market. Regular trading deals involve routine buying and selling by investors on the exchange. Bulk deals refer to large trades crossing the 0.5% threshold of a company’s equity in a day. Block deals are high-value or high-volume transactions conducted through a special window.

Off-market deals involve the transfer of shares outside the exchange platform, such as inter-promoter transfers or strategic stake sales.

What Should Investors Keep in Mind?

Market experts say tracking bulk and block deals can offer useful insights into the actions of large investors and institutions. However, they caution against making investment decisions based solely on these transactions. Investors are advised to also consider a company’s fundamentals, financial performance, management quality and long-term growth prospects.

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