The Independent Royal Mail facing fine of up to £160M as subsidiary investigated by French …The IndependentGLS contributed about 17 per cent of Royal Mail's£9.45 billion revenue for the year to March 30. The network covers 37 countries but its main markets are Germany, Italy and France. “We are currently considering the notice received from…
EBay Inc. gave a sales outlook for the third quarter that fell short of estimates as the biggest online marketplace struggles to attract customers away from Amazon.com Inc. and other e-commerce rivals. More: continued here
French accuse Royal Mail of law-breakingInteractive InvestorAnalysts from Espírito Santo Investment Bank estimate that the total French parcels market is worth around €3.8 billion (£3 million), noting that Royal Mail generated €210 million of revenue in France last year and made an operating loss of €30 million. More: continued here
Wall Street Journal EBay Logs Growth at Payments, Marketplaces DivisionsWall Street JournalThe San Jose, Calif., e-commerce giant reported another profitable period Wednesday, driven by payments unit PayPal, which Mr. Icahn had wanted spun off. But the company also offered a somewhat cautious outlook. EBay said it expects revenue of …eBay Reports Mixed Q2 Results With Revenue…
Joe Biden Rebukes Dick Cheney On Cuts To Food Stamps And TransportationHuffington PostWASHINGTON — Vice President Joe Biden on Wednesday rebuked Dick Cheney's call to cut spending for food stamps and highways and increase funds for the military. Cheney said Monday that national defense "ought to be our top priority for spending. More: continued here
Royal Mail shares dive as French monopoly probe into European parcels arm …This is MoneyIn a short statement the group said:'Royal Mail announces that certain group companies have received a notice from the French competition authority (Autorité de la Concurrence) alleging breaches of antitrust laws by one of its subsidiaries, GLS France. More: continued here
Meet the man who makes puzzles for postmenTelegraph.co.ukA Royal Mail spokesman said: “We're pleased to hear that our postmen and women have been able to decipher and deliver James Addison's obscurely addressed mail. “It demonstrates how our people, who are based at the heart of communities across the …VIDEO: Meet James, the graphic designer who writes…
Five stamps from a World War One internment camp on the Isle of Man go under the hammer in London. More: continued here
What to Expect From eBay Earnings, Icahn, Buybacks and More24/7 Wall St.eBay Inc. (NASDAQ: EBAY) is set to report earnings on Wednesday after the markets close. Now that it has reached a settlement with Carl Icahn, eBay shares have backed off from their post-Icahn pop. Despite the Icahn accord, eBay shares were down almost … More:…
The recent rally in tech stocks has lacked one notable Internet name: eBay. More: continued here