Express.co.uk MPs quiz Business Secretary Vince Cable over Royal Mail flotationExpress.co.ukRoyal Mail shares were sold at 330p in October but quickly soared, sparking fury that the stake in the 500-year-old company had been sold off far too cheaply, cheating taxpayers out of their due. A National Audit Office report published earlier this … More: continued…
Results come as Vince Cable faces MPs over valuation of Royal Mail – whose market value has risen £2.2bn since sell-off Rising parcel revenue and one-off items helped Royal Mail almost double first-half operating profit in the newly privatised group's first results as a public company. Operating profit for the six months ended 29 September…
NDTV South Korean Prime Minister Resigns Over Ferry Disaster ResponseHuffington PostThe Gyeonggi Provincial Office of Education sent text messages to parents that "All Danwon High School students are rescued" in the hours after the disaster, media reported. Park, who has the most power in government, was also booed by some of the …Prime Minister Chung Hong-won…
The aim and purpose of a welfare system is to provide the maximum benefit to the recipients at the least cost to ourselves. This seems like a fairly logical thing to be aiming for too. However, there's good evidence that the current US welfare system simply doesn't do this. So, […] More: continued here
EBay is urging shareholders to support its directors and reject the pair put up by billionaire activist investor Carl Icahn. More: continued here
Shopper Annoyed by Non-Matching Images inside eBay ListingsEcommerceBytes (blog)Recently, I noticed that eBay has begun inserting photos of items from stores such as Walmart and others I've never heard of before, RIGHT IN BETWEEN the large photo of the red top I'm checking out and the 6 other photos of the same item that are…
National Post South Korea ferry: Prime Minister offers to resign over rescue effortNational PostObama's first South Korean visit since Park took office last year was aimed at issues including North Korea, but he noted that his trip comes at a time of “great sorrow.” AP Photo/Ahn Young-joon. “So many were young students with their entire…
The Independent Government 'lets City off the hook' on Royal Mail dealThe IndependentThe Government has made no attempt to contact the handful of big City investors given preferential treatment during the Royal Mail flotation fiasco, despite many of them breaking an apparent gentlemen's agreement not to sell their shares. Some have … More: continued here
ValueAct Acquired EBay Stake Before Icahn Prompted ExitBloombergActivist investor Jeffrey Ubben, who runs ValueAct Capital Management LLC, said his firm bought a stake in EBay Inc. (EBAY) and then quickly exited when the disclosure of Carl Icahn's investment inflated the stock price. ValueAct bought EBay at about …3 World Champions for Your Portfolio: eBay, Las…
Daily Mail An eBay dress, homemade food and sale suits from M&S! Thrifty couple reveal …Daily MailSavings included swapping fresh flowers for plastic ones, ordering a dress from China via eBay and picking up suits in the M&S sale. Catering for the 60 guest who attended the reception, which took place at the Ystrad Rhondda…