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FedEx says it swung to a loss in the fourth-quarter because of high fuel costs and issued an earnings guidance that is well below Wall Street’s expectations. More: continued here

eBay offers free subscription in Punjab for 3 mnthBusiness Standard, India –8 minutes agoPTI / Chandigarh June 18, 2008, 19:08 IST Finding Punjab a promising market for online trading, leading e-commerce website– eBay India today announced to … More: continued here

Royal Mail Flight Rejection Puts Mail On RoadHell Mail, UK –2 hours agoRoyal Mail has been denied a request to fly in mail during the week via Southampton at 2.30 in the morning. Royal Mail says it will lead to delays of up to …Night flights plan groundedthis is hampshire.netall 3 news …

Stocks are lower in early trading following a FedEx Corp. warning that weakening demand and surging fuel costs will likely leave its fiscal 2009 profit well below what Wall Street has predicted. More: continued here

CWU conference: No more cheques in the post for Labour?Socialistworker.co.uk, UK –19 hours agoBut Hayes also reaffirmed his commitment to ballot the CWU’s members if the government and Royal Mail did not retreat on its pensions attack and its threat … More: continued here

FedEx Corp. reported a fourth-quarter loss Wednesday that missed Wall Street expectations and it offered a gloomy outlook for its shipping business that showed how much higher fuel prices are eating into profits. More: continued here

Package delivery company FedEx Corp posted a quarterly loss on Wednesday due to high fuel prices, a weak U.S. economy and a previously announced write-down, and issued a weak forecast for fiscal 2009. More: continued here

FedEx Corp on Wednesday reported a quarterly loss, citing record-high fuel prices, a weak U.S. economy and a previously announced write-down due to the package delivery company’s decision to change the name of FedEx Kinko’s. More: continued here

ITProPortal PayPal And eBay Unveil New Developers PortalITProPortal, UK –4 hours agoPayPal and eBay have come up with a new software specially for the third-party applications called Developers Central Portal. Reports suggest that the … More: continued here

Kate Middleton’s mother Carole has been invited to meet the Queen in the Royal box at Ascot, according to reports. More: