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BBC News Royal Mail: Osborne 'regrets' job lossesBBC NewsRoyal Mail is planning to cut 1,600 roles as part of a drive to cut costs, mainly among its head office managerial staff. The news comes on the same day that figures show a fall in petrol prices pushed the UK inflation …

India 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. More: continued here

Management cull at privatised Royal MailCIPD (blog)Royal Mail is consulting with unions over plans to cut 1,600 jobs at the newly privatised business. A net reduction of around 1,300 roles is expected – mainly among head office managerial employees – with plans to create 300 new or enhanced roles at …

PYMNTS.com Carl Icahn is losing another tech fightCNNMoneyIcahn believes PayPal is undervalued as a unit of eBay, and that it would benefit from a focused, independent management team. The fight has grown increasingly bitter since he revealed a 0.82% stake in eBay earlier this year and began his push for …

EBay reiterated its opposition to activist investor Carl Icahn's effort to break up the e-commerce company, saying its board unanimously recommends shareholder vote against Icahn's board nominees and break-up proposal. Since taking a roughly 2% stake in eBay, Icahn has aggressively pushed for a spinoff of the company's payment service …

Likes of Amazon and eBay boosting Middle East e-commerceThe NationalGlobal websites such as Amazon and eBay are increasingly shifting their attention to regional markets in a bid to drive up sales, which is helping the Gulf's e-commerce sector to thrive. Last year 35 per cent of consumers in the Middle …

Telegraph.co.uk Royal Mail faces strike threat over 1600 job cutsTelegraph.co.ukThe trade union said: “Unite is demanding a commitment to no compulsory redundancies on fair terms and an effective method for redeployment within the restructured organisation. If Royal Mail refuse we will have no alternative than to consider a ballot … …

ID thieves may be hitting post office customerskgw.comBEAVERTON, Ore. – At least three people noticed huge withdrawals from their bank accounts after they used self-service stamp machines at Washington County post offices. “Skimmers” are often used on ATM's and gas pumps to steal credit card information. More: continued here

Congress to vote on renaming Cottleville Post Office for fallen Marinefox2now.comWASHINGTON, D.C. (KTVI) – Congress is set to vote on a proposal to name the Cottleville Post Office in honor of fallen Marine Lance Corporal Philip Vinnedge. He and other members of his squad were killed by a roadside bomb …

4 Shocking Things The Newly-Privatised Royal Mail Has DoneHuffington Post UKMartin Forsythe, from the Save Our Royal Mail campaign, said: "Today's announcement by Royal Mail is clear sign that profit is being put before services, this is an inevitable consequence of privatisation. As cost cutting continues it wont be long …