Wall Street Journal Royal Mail to Eliminate 1300 JobsWall Street JournalRoyal Mail's new efficiency drive is vital "to effectively compete in the letters and parcels markets," said Moya Greene, chief executive officer. The company said no frontline postal workers will be affected. Last October, the U.K. sold a 60% stake …

'Frontline' postmen unaffected as newly privatised service starts formal consultation with unions More: continued here

Ebay: We're Still Stronger with PayPalFox BusinessContinuing the battle with activist investor Carl Icahn, eBay (EBAY) on Tuesday told shareholders a PayPal spinoff would not be in the company's best interest. “Our shareholders and our customers are best served by keeping PayPal and eBay together …eBay Fires Off Another Anti-Icahn …

Royal Mail is facing the threat of industrial action just months after its controversial privatisation after unveiling "ruthless" plans to axe 1,600 jobs. More: continued here

New Delhi, 25 MarchIndia Post is trying to increase business by pushing customers to open post office savings accounts upon maturity or early withdrawal of their small saving schemes. This comes at a time when its chances of securing a banking … More: continued here

eBay Inc. today announced that it has issued the following letter to its shareholders. The company also said it has filed a definitive proxy statement with the Secur More: continued here

Economic Times Updates from Royal Mail, Kingfisher and WolseleyAol Money"Royal Mail's primary reason for existing is now about making profits rather than serving the nation," Brian Scott, Unite officer for Royal Mail, told the BBC. Management claims the move is necessary for Royal Mail to compete in the letters and …

eBay Fires Off Another Anti-Icahn Missive To Convince Shareholders To Hold …TechCrunchAs eBay's May 13 annual stockholders' meeting approaches, the e-commerce giant has published another letter to shareholders to drive home its opposition to activist investor Carl Icahn, his belief that PayPal should be spun off, and the appointment of …

(Reuters) – EBay Inc urged its shareholders to vote against activist investor Carl Icahn's proposal to spin off the e-commerce company's PayPal payments unit. Last week, Icahn asked eBay to sell 20 percent of the PayPal payments unit in an initial public offering, a change in tack from his previous …

EBay Urges Shareholders To Vote Against Icahn's Breakup Proposal – Quick Facts More: continued here