Thursday, 18 July, 2024
Uber eats sold to Zomato

Uber Eats in India sold for 9.99% stake in local rival Zomato

Ride-hailing company Uber has sold its food delivery business, Uber Eats, in India to its local rival Zomato for a 9.99% stake in the...
Pret A Manger to layoff 3,000 workers in the UK to save its business

Pret A Manger to layoff 3,000 workers in the UK to save its business

International sandwich shop chain Pret A Manger has announced that it will layoff more than a third of its employees or around 3,000 job...
T-Mobile takeover Sprint

Judge allows T-Mobile US $26 billion takeover of rival Sprint

A US judge has ruled in favor of a proposed T-Mobile US takeover of its smaller rival Sprint for $26 billion, which was agreed...
Amazon threatens to dismiss climate change activist employees

Amazon 'threatens to dismiss' climate change activist employees

A group of Amazon employees has said that the e-commerce firm threatened to dismiss some of them for speaking out on climate change issues...
shopping social media

Consumers prefer to buy goods through social media, survey shows

Most consumers prefer to buy goods through social media, according to the 2020 social commerce report released by social commerce platform Poshmark. Findings revealed that 58%...
Chicago CEO arrested for breaching US Capitol during protests

Chicago CEO arrested for breaching US Capitol during protests

The chief executive officer (CEO) of a Chicago company was arrested for breaching the US Capitol during the violent protests on Wednesday. Brad Rukstales, CEO...
Aston Martin CEO Andy Palmer resigns

Aston Martin CEO Andy Palmer resigns following 94% share price decline

British luxury carmaker Aston Martin announced that its chief executive officer (CEO) Andy Palmer has stepped down following a 94% fall in the company's...
LVMH takeover offer Tiffany

Tiffany reviews possible takeover by LVMH for $14.5 billion

US-based jewelry company Tiffany has confirmed that it is currently reviewing a takeover offer of around $14.5 billion from luxury goods firm LVMH. Both Tiffany...

Lazada online grocery sales in Singapore rose due to coronavirus

Lazada online grocery sales in Singapore rose due to coronavirus. The e-commerce giant saw its sales jumped four times from early April. Since the city-state...

European Commission launches investigation into Google takeover of Fitbit

The European Commission will be launching a full-scale investigation into a takeover deal between tech giant Google and wearable technology firm Fitbit The announcement of...

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