FedEx Retains Neutral Tag

Package delivery giant and U.S. economic bellwether FedEx Corp said on Thursday it was taking market share despite a recession that drove its profit down 75 percent, and its shares jumped. More: continued here

Associated Press BAGHDAD — A cargo plane chartered by FedEx crashed west of Baghdad Thursday after reporting a malfunction, the U.S. military said. It ruled out hostile fire and said the crew was presumed dead. More: continued here

ITV News Mum tells of shock as loom band dress passes £170000 on eBayITV NewsHelen Wright of Prestatyn said she was "shocked" when bidding went through the roof on Thursday night for the dress made from 20,000 elastic bands. Sian modelling the dress which has created a bidding frenzy. Credit: ebay. Single mum Helen who…

EBay shifts gears in India as rivals step upReutersLocal competitors, Amazon pose India threat * EBay to speed investment in advertising, distribution * Expects entry of PayPal to give it a boost * Most India online merchandise buys are cash on delivery By Nandita Bose MUMBAI, April 27 (Reuters) – EBay… More: continued here

FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has inaugurated new gateway and clearance facilities in Manila and Cebu. More: continued here

SUBIC BAY FREEPORT, Philippines — US delivery giant Federal Express (FedEx) closed its Asian hub in this northwestern free port Friday, with the last flight leaving for Taiwan just before dawn. More: continued here