Royal Mail unveiled a big jump in profits to £440m as it took another step towards a possible stock market flotation later this year. More: continued here

eBay launches Israeli developed purchase managerGlobeseBay Inc. (Nasdaq: EBAY) has launched a new product, Stuff, which was developed in Israel, to enable consumers to manage all their purchases on a single site. eBay's Israel Innovation Center, based on its acquisition of The Gifts Project in 2011 …and more » More: continued …

Business Secretary Vince Cable today insisted there is "no alternative" to controversial plans privatising the Royal Mail.         More: continued here

Annual profits rise to £324m as the government prepares to sell the 497-year-old postal service Royal Mail has reported a 60% increase in pre-tax annual profits to £324m, as the government prepares to sell off the 497-year-old postal service in the most ambitious privatisation since British Gas in 1986. The …

LONDON (Reuters) – Royal Mail more than doubled annual profit on the back of an online shopping boom, providing a timely boost as it plans for a stock market listing this year. In a marked turnaround for … More: continued here

The FedEx St. Jude Classic announced on Monday that “Lefty” – better known as Phil Mickelson – will play at TPC Southwind. Most experts consider Phil Mickelson to be among… More: continued here

Livemint Ebay appoints new India MDLivemintMuralikrishan who helped eBay cement its position in the Indian market with 5 million registered users from 4,306 Indian cities, joined the company in 2005 as director of category and product management before taking charge of its Indian operations in …Latif Nathani is eBay India's …

Royal Mail Group Ltd., the state- owned postal service that the U.K. government is looking to sell, said full-year profit more than doubled as growth in web- based shopping spurred parcel deliveries. More: continued here

Royal Mail delivered a 61pc surge in pre-tax profits in a set of annual results that chief executive Moya Greene said "presents a cogent case to investors" for a stockmarket listing.         More: continued here

Crews are working to remove a FedEx plane that was stuck in the mud at the St. Louis Downtown Airport in Cahokia. More: continued here