The UK government has approved the £3.6bn takeover of Royal Mail's parent company by Czech billionaire Daniel Křetínský. The deal includes commitments to maintain Royal Mail's headquarters in the UK, uphold the Universal Service Obligation for five years, and recognize postal-worker unions. Křetínský aims to modernize Royal Mail, which is facing challenges after recent fines for failing to meet delivery targets. Teljes cikk (Euronews.com)