eBay announced that it has issued the following letter to its shareholders. The company also said it has filed a definitive proxy statement with the Securities and Exchange Commission with respect to eBay’s … More: continued here
Read More »Old Post Office building requires quake strengthening
Rotorua’s iconic former Post Office building on Fenton Street, now part of the city’s i-SITE and Visitor Information Centre complex, has closed temporarily so the structure can be strengthened. The decision by Rotorua District Council (RDC) follows a recent professional engineering assessment which revealed that the building qualifies as ‘earthquake-prone’ …
Read More »Royal Mail: Osborne ‘regrets’ job losses – BBC News
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 …
Read More »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
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 … …
Read More »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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