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Royal Mail has been criticised by Labour for failing to keep keeping a record of nearly £1m of undelivered letters and parcels, including birthday and Christmas presents, which it sells off every year. More: continued here

Warrnambool post office plan fails to deliverWarrnambool StandardWARRNAMBOOL City Council's hopes to secure a government department tenant for the old Timor Street post office have fallen through, leaving the council without an income stream to recoup part of the $1.3 million purchase price.and more » More: continued here

Telegraph.co.uk Royal Mail keeps no records of £1million-worth of undelivered presents it …Telegraph.co.ukRoyal Mail has been criticised by Labour for failing to keep keeping a record of nearly £1m of undelivered letters and parcels, including birthday and Christmas presents, which it sells off every year. By Christopher Hope, Senior Political …

United Parcel Service ( UPS , quote ), announced today it reached a deal to buy its rival TNT Express in a $6.8 billion deal that would value the Dutch company More: continued here

As the celebrations of His Majesty the King's 84th birthday, which fell on December 5 last year have continued, the latest tribute comes in the form of postage stamps. More: continued here

Otago Daily Times Post Office alterations reveal lost lettersOtago Daily TimesAlterations that are being made to the Lyttelton Post Office consequent upon the raising of the clock tower have brought to light letters that have been lost for over 20 years. Leading from the clock tower to the room in …

EBay's StubHub Heads Overseas, Minus Key Sports EventsNASDAQBy John Letzing, Of DOW JONES NEWSWIRES SAN FRANCISCO -(Dow Jones)- EBay Inc.'s (EBAY) StubHub unit is making its first overseas foray, but the ticket service's chosen target of the UK poses a challenge because of tight regulations affecting sports. More: continued here

Execs & Accounts: eBay; Digitas; British Airways; OgilvyOne; 180LAClickZeBay assigns digital account to Digitas, according to a source. AdAge first reported the story, noting the account includes digital media and creative. Organic and Swirl were the other pitch finalists. 180LA president named global CEO.and more » More: continued here

13mm f5.6 Nikkor Ai (the Holy Grail) is up for auction on EbayExaminer.comThe legendary 13mm f5.6 Nikkor, perhaps the rarest photographic lens in the world, is up for sale on Ebay. The lens is so rare that Nikon guru Ken Rockwell dubbed it 'the Holy Grail' in his review. Why …

Royal Mail online postage hit by more IT problemsComputerworldUKBy Anh Nguyen | Computerworld UK | Published 17:25, 19 March 12 Royal Mail has today suffered another outage in its online postage service due to “technical issues”. The Royal Mail Twitter feed notified customers of the problem at around 10.30am, … …