An industry embroiled in a deflation-fueled price war saw competitive pressure added to it as a decades-long supermarket battle in Europe is now set to move to the U.S. Aldi said on Monday that in order to open 900 supermarkets over… Read More ›
Day: June 12, 2017
In Wake Of Terror Attacks, Direct Access To Could Be Given By EU
Including providing data directly from cloud storage, retrieving electronic evidence from US tech firms for the police and law enforcement agencies is being made easier by the European Union. Even when it is stored in another EU member state – which… Read More ›
Volkswagen looking at hiring Karl-Thomas Neumann – Opel’s CEO
VW could place Neumann at the helm of Audi. As per a source familiar with the matter at hand, following a media report that Opel’s CEO will quit his job, Volkswagen may possibly hire him to lead its Audi brand…. Read More ›
The fate of Travis Kalanick, Uber’s CEO, hangs in the balance as Uber’s board considers key policy changes
Kalanick could do with a vacation. As per a source familiar with the matter at hand, on Sunday Uber Technologies’ board discussed the temporary stepping away of Travis Kalanick, its Chief Executive, as the embattled ride-hailing company considers significant… Read More ›
German grocery stores Aldi to $3.4 billion in the U.S. economy, create 25,000 U.S. jobs
Wal-Mart will increasingly face the heat from its German rivals, Aldi and Lidl. On Sunday, in a move that will most likely raise the stakes for its U.S. rivals in a price war, German grocery chain Aldi disclosed it would… Read More ›