Thousands of people gathered in downtown Calgary as the city hosted a free rally over the lunch hour Tuesday to celebrate the Stampeders' Grey Cup victory. More: continued here
Read More »Ofcom tells Royal Mail to get on with it – Interactive Investor
Ofcom tells Royal Mail to get on with itInteractive InvestorRoyal Mail Group (RMG) shares fell almost 4% at one stage Tuesday after the industry regulator decided not to impose new regulatory conditions on the postal firm's direct-delivery competitors. Ofcom does not think the universal postal service is under … More: …
Read More »Despite Ofcom shake-up Shorecap says buy Royal Mail
Shore Capital is advising investors to keep buying shares in Royal Mail despite plans by the UK communications regulator to change the rules governing the prices which the former state-owned group is allowed … More: continued here
Read More »Delay on Post Office closures
An emergency House of Keys debate this morning has resulted in a stay of execution over the closure of the main branches of the Post Office. More: continued here
Read More »Royal Mail under pressure after Ofcom rejects delivery complaint – Evening Standard
Evening Standard Royal Mail under pressure after Ofcom rejects delivery complaintEvening StandardRoyal Mail chief executive Moya Greene contends this means Whistl saves money by ignoring remote homes on loss-making routes, putting her company's ability to finance the universal service in the long term at threat. Royal Mail wants Whistl and …
Read More »FTSE 100 snaps losing streak as oil, miners rise; Royal Mail drops – MarketWatch
MarketWatch FTSE 100 snaps losing streak as oil, miners rise; Royal Mail dropsMarketWatchBut shares of Royal Mail PLC RMG, -3.01% fell 2.5% after regulator Ofcom said it won't impose new conditions on Royal Mail's direct-delivery competitors as the “universal postal service is not currently under threat.” Sterling: Last month, the …
Read More »Amazon will beat eBay this holiday season: Analyst
Amazon's investment in delivery and logistics will pay dividends, but eBay faces structural issues, said Mark Mahaney. More: continued here
Read More »Ofcom finds rivals pose no threat to Royal Mail – The Times (subscription)
The Times (subscription) Ofcom finds rivals pose no threat to Royal MailThe Times (subscription)Royal Mail has been dealt a blow after Ofcom concluded that the universal postal service is “not currently under threat”. Royal Mail had demanded an investigation by Ofcom, accusing TNT Post (now known as Whistl) of cherry-picking …
Read More »Amazon will outshine eBay: Analyst
Amazon's investment in delivery and logistics will pay dividends, but eBay faces structural issues, said Mark Mahaney. More: continued here
Read More »Royal Mail Falls as Ofcom Leaves Post NL Service Unregulated – Bloomberg
Royal Mail Falls as Ofcom Leaves Post NL Service UnregulatedBloombergRoyal Mail Plc shares fells as much as 3.8 percent after the U.K. communications-industry regulator Ofcom said there's no need to tighten rules governing rivals led by Whistl, formerly known as TNT Post UK. Competition in the end-to-end delivery market … …
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