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FedEx Corp. has slashed rates dramatically in China to continue to stay competitive in one of the world’s largest markets. (FDX) More: continued here

French firm Jeantet Associés has scored a €40m (£31m) win for luxury goods retailer LVMH, after a French court ruled that online auction site Ebay failed to block the sale of counterfeit goods. … More: continued here

Sky Stamps Its FeetStage, UK –4 hours ago… that BSkyB (forever to be shorted to good old “Sky”), just stamps its feet like a spoiled child worrying about a bigger boy coming to nick its sweets? … More: continued here

Sify DQ parent company CEO Buffett draw $2.1M bid for lunchQSR Web, KY –3 hours ago… at a Chinese investment fund manager's bid of more than $2.1 million in a charity auction on eBay for the chance to have lunch with the billionaire. …Drive-Bys Rejoice as Buffett Breaks Our Reid Letter Record …

Brockton post office to be named for Rocky MarcianoDaily News Tribune, MA –1 hour agoA bill naming the Brockton post office after Rocky Marciano needs only the signature of President Bush. Brockton Blockbuster Rocky Marciano hits Roland … More: continued here

Online auctioneer eBay ordered to pay massive damages over fake …Customer Strategy, UK –10 hours agoUS internet auction site eBay has been ordered by a French court to pay damages totalling £31.5 million to luxury goods manufacturer LVMH whose brands … More: continued here

Shin-Etsu Chemical Has Developed a Silicone Rubber for Stamps for …FOXBusiness –7 minutes agoIn this project, Shin-Etsu is in charge of the development of a polydimethylsiloxane (PDMS)-type of stamp material. This new silicone rubber product used as … More: continued here

A driver and passenger are killed and two children survive when a car hits a FedEx truck. More: continued here

Final axed post office to closeHornsey and Crouch End Journal, UK –9 minutes agoA STRUGGLING store in Wood Green is this week the final post office to close in Haringey. The Salisbury Road branch, which hit the headlines in March after … More: continued here

MANILA, Philippines — eBay is looking to provide support for Filipino developers who can create promising applications running on its marketplace, a top regional executive said. More: continued here