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Royal Mail is up 82% on privatisation but the 'unexciting' rise in its main growth area highlights how the business is more pedestrian than its soaring share price suggests. More: continued here

CNN EBay reliance on PayPal for growth lowers chances of spinoffReutersThe marketplaces business, eBay's biggest, is growing at a slower rate than both PayPal and eBay rival Amazon.com Inc. PayPal, estimated to be worth as much as $40 billion on its own, helps bolster eBay's share price. And it is …

Royal Mail delivers 115m parcelsMSN UKRoyal Mail handled 115 million parcels in December as the newly-privatised delivery firm continues to reap the benefit of the online shopping boom. The company's seasonal workload, which saw a peak of 10 million parcels on its busiest day, also … More: continued here

TWO armed robbers threatened post office staff and stole cash during a daytime raid. More: continued here

Russia's New Shipping Rules Hurt EBay, AlibabaBloombergRussia's new rules on express parcels delivered from abroad are benefiting local online stores at the expense of global companies such as EBay Inc. (EBAY) and Alibaba Group Holding Ltd., Renaissance Capital said. Strengthened document checks were …EBay to Alibaba Russia Shipments Impeded in Boon …

NEW YORK ( MainStreet ) — The price of a stamp will go up on Sunday again. Effective January 26, the United States Postal Service will raise the price of its first class stamps by three cents, from 46 to 49 cents apiece. More: continued here

Royal Mail boosted by rising parcel revenuesReuters UKParcel volumes did rise in December, Royal Mail said, without saying by how much, as shoppers bought more presents online, and the company delivered more than 10 million parcels on its busiest day. However, Cantor Fitzgerald analyst Robin Byde said … More: continued here

WCPO More than 10K Ohioans lose food stamps over work rulesYoungstown VindicatorCOLUMBUS (AP) — Thousands of poor Ohio residents have lost food-stamp benefits for not fulfilling work requirements, and the number is expected to rise in the coming months. The Columbus Dispatch reports more than 10,000 people lost the benefits …

International Business Times UK Royal Mail Shares: 'Difficult to be too Optimistic' After Unspectacular …International Business Times UKRoyal Mail shares were little moved in early trading after the firm posted so-so results in a trading update for the nine months to the end of December despite the annual Christmas rush …

Royal Mail reported a two per cent rise in like-for-like revenue for the nine months ended December 29th, driven by the parcel delivery business. More: continued here