The C Suite Royal Mail PLC Share Price Predictions: RMG Shows Us the Only Way is UpThe C SuiteOur technical snapshot attempts to decode the clues hidden in recent Royal Mail PLC (LON:RMG) share price moves in order to gauge potential future direction. The decline in the Royal Mail share …
Read More »Royal Mail warns Amazon delivery service will hit UK parcels business
Postal company cuts parcels growth forecast by more than half as it reports 21% fall in first-half profits for overall group Royal Mail has warned that growing competition from Amazon will hit its UK parcels business, as it reported a 21% fall in first-half profits for the postal group. The …
Read More »Shyp app wants to cut out trip to post office – USA TODAY
USA TODAY Shyp app wants to cut out trip to post officeUSA TODAY"We're just focusing on one thing, and that's reimagining the post office experience," says Shyp CEO Kevin Gibbon, a former eBay power seller who envisioned a simpler way for small-business owners and consumers to dispatch goods. COAST TO …
Read More »Royal Mail 1st Half Revenue Rises – Nasdaq
Royal Mail 1st Half Revenue RisesNasdaqRoyal Mail said revenue in its core U.K. operation was flat despite a reduction in the rate of growth of the addressable U.K. parcels market caused by the impact of Amazon's own-delivery network. "Our performance remains in line with our expectations … More: continued here
Read More »Ebay founder Omidyar commits $50 million to combating global slavery
LONDON (Reuters) – Ebay founder Pierre Omidyar and his wife are to donate $50 million to tackling slavery worldwide, the chief executive of their US-based foundation Humanity United said on Wednesday. … More: continued here
Read More »Bank of England split 7-2 over interest rates; Royal Mail shares dive 8 … – The Guardian
The Guardian Bank of England split 7-2 over interest rates; Royal Mail shares dive 8 …The GuardianBrenda Kelly of IG Index says that investors have noted Royal Mail's warning that Amazon's competitive delivery network means the parcels market will only grow half as fast as expected. We can expect more …
Read More »Is Royal Mail the cheapest way to send parcels?
Many of us will be posting packages in the coming weeks – here's how to keep the costs down More: continued here
Read More »Royal Mail shares fall sharply on concerns over competition – BBC News
BBC News Royal Mail shares fall sharply on concerns over competitionBBC NewsShares in Royal Mail have fallen by almost 8% after the company warned that rivals – including Amazon – were eating into its parcel delivery business. Royal Mail said the rise of delivery firm Whistl could wipe £200m off …
Read More »Royal Mail profits slide after Amazon starts doing own deliveries
Royal Mail said Amazon's plans would slash the rate of growth in the UK parcels market from 4-5 per cent to 1-2 per cent a year for around two years. More: continued here
Read More »Royal Mail warns of Amazon threat as profit tumbles 21% – Citywire.co.uk
Citywire.co.uk Royal Mail warns of Amazon threat as profit tumbles 21%Citywire.co.ukRoyal Mail saw operating profit before transformation costs tumble 21% year-on-year, as it warned of competition from Amazon in the UK parcels market. Revenues stood at £4.5 billion at the end of September, up 2% in comparison to the corresponding … …
Read More »