Royal Mail restructuring takes virus hit, dividend cancelled
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(Reuters) - Royal Mail said on Friday its heavily disputed turnaround program would take longer than previously planned as it cancelled its dividend and suspended financial forecasts for the next year due to the coronavirus crisis.The former UK postal monopoly said advertising mail had fallen heavily due to the virus outbreak, while its international operations have also seen lower volumes due to restrictions in some countries, mainly China.It also added, however, that its parcel business has..