Amazon.com is increasing its footprint in physical retail business in India. According to a regulatory filing late on Thursday by Future Retail, a minority stake of 3.58 per cent in the company is set to be taken up by Amazon. Future Retail owns and operates over 1,500 retail stores in India and is the owner…
There is increasing concern among French wine-makers about the threats by United States president Donald Trump of imposing import tariffs on French wine in retaliation to the tax on global technology giants imposed recently by the French government of Emmanuel Macron. In case such a tariff is indeed imposed by Trump, it could adversely impact…
Those companies that are focused value creation are the preferred choice as partners in business for modern corporations, claimed Salesforce’s Keith Block in an interview to a television channel. That is the reason that Salesforce decided to be part a group of about 200 other companies and businesses that have recently taken pledge to shift…
Failed negotiation between Sony Pictures and Disney has resulted in the exit of the friendly neighbourhood Spider-Man from the Marvel Cinematic Universe (MCU). The discussions between the two studios were being held for the renewal of the deal that would have enabled the web slinger to continue to appear in the money-minting MCU, according to…
Shares of retailer target reached record highs after the company reported better than expected second quarter performance in all aspects. The company reported a 17 per cent increase in the quarterly profit as it was able to attract more customers and thereby generate more revenues because of its in-store pickup and same-day shipping services. The…
Walmart has alleged that solar panels supplied by the United States based electric carmaker Tesla were faulty and was cause for a number of fires at about seven stores of the company. Following this, Walmart has filed a case against the electric car maker. In the lawsuit filed by it in a New York court,…
A new digital tax passed recently by the French government is being passed on to the French sellers by Amazon. The company largest e-commerce platform in the world is set to increase seller fees by 3 per cent for the thousands of small and medium-sized businesses in the country that make use of the platform.…
The wave of consolidation in the in the pub and brewing sector is continuing and the latest deal in this sector if the purchasing of pub giant and brewer Greene King by Hong Kong operator CKA. About 2,700 pubs, restaurants and hotels in total across the UK is owned and operated by Suffolk-based Greene King.…
Researchers say that one can be allowed to “put words in people’s mouths” with the help of a new tool that the recently released and which exploits a vulnerability in Facebook’s Whatsapp. How alteration of the text within quoted messages can done with the help of the tool was demonstrated by a team from cybersecurity…
There has been a surge in the rental rates of older planes as airlines turn to such crafts to cater to the growing demand for the industry given the global grounding of the 737 Max planes of Boeing has now entered in the sixth month. “Used 800s are like a gold dust at the moment,”…
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