News & Tips: Cairn Energy, Close Brothers, Royal Mail& moreInvestors ChronicleSimon Thompson Bargain Shares recommendationCairn Energy (CNE) reports that it has been contact by the Income Tax Department of India about its tax assessments for the year ended 31 March 2007. The company is cooperating and has been told to …and …

The cost of mailing a letter will increase by three cents Sunday, the largest increase in consumer postage prices in over a decade. Saturday is the last day stamps can be bought for 46 cents. Mailing a post card will also cost one cent more than before from Sunday, bringing …

CNN Price of stamps goes up this weekendCNNOne way around it is buying Forever Stamps now and using them any time for first-class mail, the kind used by most consumers. Launched in 2007, Forever Stamps are always valid, no matter what people paid for them and even if prices go …

EBay Inc is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company. More: continued here

Telegraph.co.uk Royal Mail delivers 417000 parcels an hour during ChristmasTelegraph.co.ukRoyal Mail said it delivered the equivalent of 417,000 parcels every hour on December 18, the busiest day in the run up to Christmas. The 500 year old postal service has benefited from the boom in online shopping with an 8pc …

Royal Mail is up 82% on privatisation but the 'unexciting' rise in its main growth area highlights how the business is more pedestrian than its soaring share price suggests. More: continued here

CNN EBay reliance on PayPal for growth lowers chances of spinoffReutersThe marketplaces business, eBay's biggest, is growing at a slower rate than both PayPal and eBay rival Amazon.com Inc. PayPal, estimated to be worth as much as $40 billion on its own, helps bolster eBay's share price. And it is …

Royal Mail delivers 115m parcelsMSN UKRoyal Mail handled 115 million parcels in December as the newly-privatised delivery firm continues to reap the benefit of the online shopping boom. The company's seasonal workload, which saw a peak of 10 million parcels on its busiest day, also … More: continued here

TWO armed robbers threatened post office staff and stole cash during a daytime raid. More: continued here

Russia's New Shipping Rules Hurt EBay, AlibabaBloombergRussia's new rules on express parcels delivered from abroad are benefiting local online stores at the expense of global companies such as EBay Inc. (EBAY) and Alibaba Group Holding Ltd., Renaissance Capital said. Strengthened document checks were …EBay to Alibaba Russia Shipments Impeded in Boon …