Royal Mail to cut 1700 jobs – AFP

Royal Mail to cut 1700 jobsAFPLONDON — Royal Mail said Monday it would slash 1700 jobs and close two mail centres in the latest round of cuts in a service which could be heading for privatisation. Royal Mail has reduced its workforce by around 65000 since 2002 as traditional … …

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eBay defends its local inventory search

It wants to be the first place consumers go when they begin shopping. In a sign of its commitment to mobile commerce, eBay made two significant acquisitions last year, buying bar code scanning app provider RedLaser for an undisclosed sum and paying $75 million for Milo.com, whose technology enables consumers …

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Report: Food Stamps Kept New Yorkers Out Of Poverty

Currently about one in five New Yorkers are on food stamps, but many new recipients are not on welfare. That’s because New Yorkers are special, and what would count as being in “poverty” here doesn’t always count as poverty in the rest of the country. A new report (below) on …

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eBay India expects 50-60% growth this year – Business Standard

eBay India expects 50-60% growth this yearBusiness StandardEcommerce firm eBay expects its Indian business to grow 50-60 percent in the next 12 months as users become more comfortable with making purchases online. Kashyap Vadapalli, director (categories & business development), eBay India, told reporters here … More: continued here

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