PayPal spinoff seen critical for eBay amid e-commerce weakness

By Abhirup Roy (Reuters) – A recovery in eBay Inc's core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its full-year revenue forecast. The stock fell as …

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Post Office exchange rates app launched – Telegraph.co.uk

Telegraph.co.uk Post Office exchange rates app launchedTelegraph.co.ukThe latest Post Office Holiday Money Index report showed that, after a brief fall during the Scottish Referendum, sterling has now returned as one of Post Office Travel Money's leading currencies. Read more. European city breaks good value for haf term More: continued here

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EBay 3Q profit tops estimates, but sales miss – USA TODAY

USA TODAY EBay 3Q profit tops estimates, but sales missUSA TODAYSAN JOSE, Calif. (AP) — EBay (EBAY) on Wednesday reported better-than-expected earnings for the third quarter but cut its sales forecast for the year. Shares dropped 0.9% in after-hours trading. The company's PayPal business had another strong quarter. More: continued …

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EBay’s outlook signals slow holiday season – Fortune

EBay's outlook signals slow holiday seasonFortuneEBay Inc trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal. EBay's report comes as weak … More: continued here

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‘Post office on the brink of collapse’ – Eyewitness News

'Post office on the brink of collapse'Eyewitness NewsMeanwhile, Telecommunications Minister Siyabonga Cwele has asked post office management to begin talks with representatives of striking workers. Spokesperson Siya Qoza says, “We want to get all of them to sit around the table and talk about their …and more » More: continued here

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