Money Marketing EU regulators clear UK's Royal Mail pension revampReutersBRUSSELS, March 21 (Reuters) – British state-owned Royal Mail Group won EU regulatory approval on Wednesday for a 1.09 billion pound (1.3 billion euros) cut in its debt as part of a restructuring plan to tackle its pension costs.Brussels to approve Royal Mail pension moveFinancial TimesGovt…
TheChronicleHerald.ca Stamps mark sinking's centenaryVancouver SunCanada Post has unveiled the images of five stamps that will be issued to mark the centenary of the sinking of RMS Titanic off Canada's East Coast. "This was the biggest man-made moving object on Earth that, after setting off on her maiden voyage, …Canada Post issues Titanic stampsToronto SunCanada…
Participants in the eBay Bucks program will be excluded from earning rewards for purchases made in the Business & Industrial category. According to spokesperson Johnna Hoff, eBay will exclude the category as of April 1, 2012. eBay began notifying customers impacted by the policy on March 20th. More: continued here
WISC Madison Give your mail some green stamp prideLansing State JournalIn anticipation of Earth Day in April, the US Postal Service has re-released its Go Green stamp sheets and outlined its conservation goals through 2015. The stamps were designed by Eli Noyes for Earth Day last year. The stamps are actually green, …Give your mail…
News10.net CA postal employee pleads guilty to stealing $11KSacramento BeeA former US Postal Service employee has pleaded guilty to misdemeanor embezzlement for stealing more than $11000 at the post office in Rio Linda, north of Sacramento. Federal prosecutors said Tuesday that Denis Tyannikov took small amounts of money …Sacto 911: Rio Linda postal clerk pleads…
Oakland postal worker charged in $4 million fraudSan Francisco ChronicleA post office employee in Oakland has been charged with illegally billing the US Postal Service more than $4 million by steering contracts to a truck-leasing company he runs with his wife. Balvinder Singh Chadha, 45, of Union City, who served as …and more » More: continued…
Royal Mail Wins EU Approval for UK Government Pension AidBloombergRoyal Mail Group Ltd. won European Union approval for UK government aid to pay for some pension costs. The European Commission authorized restructuring aid that would reduce the state-owned postal operator's debt by 1.089 billion pounds ($1.7 billion), … More: continued here
Small savings like NSC, PPF, post office deposits to fetch higher returnsEconomic TimesThe government is raising interest rate on small savings schemes such as National Savings Certificate (NSC) and post office deposits by 20-50 basis points. The new rates will, however, be applicable on investments that you make from April 1 and not on …and…
Postal officials say they still are unable to pinpoint when they'll close the Redding mail processing center, though it won't be before May 15. More: continued here
Postmasters' Union 'astonished' household charge cannot be paid in post officesIrish ExaminerThe Irish Postmasters' Union (IPU) has today expressed its astonishment that the public has not been given the option to pay the household charge in post offices. The union, which represents Postmasters in Ireland, called on the Minister for the … More: continued here