India Post trying to increase biz
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
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Management cull at privatised Royal Mail – CIPD (blog)
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 … More: continued here
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Carl Icahn is losing another tech fight – CNNMoney
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 a …Icahn: A Partial IPO of…
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EBay Reiterates Icahn Opposition [VIDEO]
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 PayPal. More: continued here
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Likes of Amazon and eBay boosting Middle East e-commerce – The National
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 East purchased … More: continued…
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Royal Mail faces strike threat over 1600 job cuts – Telegraph.co.uk
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 … More: continued here
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ID thieves may be hitting post office customers – kgw.com
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
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Congress to vote on renaming Cottleville Post Office for fallen Marine – fox2now.com
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 in Afghanistan in 2010.and more »…
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4 Shocking Things The Newly-Privatised Royal Mail Has Done – Huffington Post UK
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 … More: continued here
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Royal Mail’s share price is down 1.5% – Management Today
Royal Mail's share price is down 1.5%Management TodayCall us pessimistic, but MT foresees another one of those Christmases where Santa doesn't turn up much: Royal Mail has just announced 1,600 job cuts (1,300 net, because it wants to create 300 'new or enhanced roles'). Predictably, unions haven't taken … More: continued here