On Wednesday, in a statement India’s Reliance Industries Ltd said, U.S. private equity firm Silver Lake Partners will invest $1.02 billion in its retail business. The development sets the stage for a three-way battle between a battle Reliance, Amazon.com Inc… Read More ›
In a statement, Jeremy Miles, Wales’ counsel general and minister for European transition stated, according to the British government’s internal market bill, which incidentally breaks international law over Brexit, Boris Johnson’s government is likely to sacrifice the union of the… Read More ›
On Wednesday, in a statement SoftBank Group Corp said, its shares were down 5% in afternoon trade on Wednesday extending this week’s downward trot, with the bear trend wiping off $15 billion from its market capitalization, with investors worried about… Read More ›
In a significant development, the U.S. Customs and Border Protection officials have prepared orders to block the import of tomato and cotton products from China’s Xinjiang region over allegations of forced labor. A formal announcement by the U.S. Administration of… Read More ›
On Tuesday, in a statement Starbucks Corp said, it will add plant-based food and beverages to its menus across Asia starting from September 2020; this will include products from Beyond Meat Inc, Impossible Foods, and Oatly. The move is aimed… Read More ›
According to a report from the New York Times late on Monday, the United States is weighing a potential ban on some or all products made with cotton from China’s Xinjiang region which Beijing is housing minority Muslims in modern… Read More ›
In a briefing to the media, Swiss giant Nestle said, it has made considerable progress to increase the share of recyclable packaging for its products to 87%, making its 100% goal by 2025 within reach. The development marks examples of… Read More ›
Following a rout in technology stocks on Wall Street that subdued global investor sentiments, on Monday, European shares rebounded with investors keeping a close eye on COVID-19 vaccine developments. Australia is likely to receive its first batches of a potential… Read More ›
On Monday, following Britain’s statement that it plans on overriding parts of the Brexit divorce agreement which it hammered out with the European Union after months of negotiations, a diplomat from the bloc said, it would amount to “a desperate… Read More ›
On Monday, in August with more countries relaxing coronavirus lockdowns, exports from China have risen for the third consecutive month by 9.5% from a year earlier, according to customs data, marking the strongest gain since March 2019. China’s imports have… Read More ›
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