UPDATE 6-TNT slumps as UPS pulls bid on EU veto

* TNT Express shares down 42 pct, PostNL down 36 pct * EU told firms market position would be too strong * Efforts to hive off assets failed to find buyers * DHL rules out bid, FedEx in background AMSTERDAM, Jan 14 (Reuters) – UPS is dropping its $7billion bid …

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Spotlight on special side of stamps – Times of India

Spotlight on special side of stampsTimes of IndiaALLAHABAD: The two-day Allahabad Philatelic Exhibition 'Allaphilex-2013' at Gandhi Art Gallery of North Central Zone Cultural Centre was inaugurated on Sunday by Justice Pankaj Mithal of Allahabad High Court accompanied by Padma Shri … More: continued here

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TNT-UPS merger collapses in boost for Royal Mail

Royal Mail received a much-needed boost today as United Parcel Services, the world’s largest deliverer of packages, dropped a €5.2 billion (£4.3 billion) takeover bid for Dutch rival TNT Express after it became clear that it would be blocked by European regulators. More: continued here

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