Tag: Royal Mail

Royal Mail PLC Faces Amazon Competition, Shares Fall

Royal Mail PLC Faces Amazon Competition, Shares Fall

Royal Mail PLC (LON:RMG) (OTCMKTS:ROYMY) posted disappointing half-year results and warned that its parcel business is likely to be impacted by heavy competition from rivals, including Amazon.com, Inc. (NASDAQ:AMZN). The latest warning comes amidst Royal Mail posting a small decline in pre-tax […]

Royal Mail set to be floated

Royal Mail set to be floated

Royal Mail set to be floated (via AFP) The sale of a majority stake in Royal Mail was due to be announced on Thursday, the BBC reported, sparking an angry response from unions. The government is expected to announce its […]