In a significant development, Lebanon’s army said it has found 4.35 tonnes of ammonium nitrate near the entrance to Beirut port. The development comes in the wake of a catastrophic explosion on August 4, which flattened the neighborhood, gutting buildings,… Read More ›
In a statement Walmart Inc said, it will hire more than 150,000 hourly workers in the United States to help shoppers during the Wuhan coronavirus pandemic. Walmart’s rival Amazon.com Inc has also announced a similar move saying it would hire… Read More ›
With many consumers turning to the web to meet their needs during the Wuhan coronavirus outbreak in the United States, web giant Amazon.com Inc stated, it will be hiring 100,000 warehouse and delivery workers in the United States to deal… Read More ›
The deal has at least $120 million in cost synergy. In a statement, Warehouse giant Prologis Inc said, it has agreed to acquire Liberty Property Trust, a rival industrial real-estate business , for $12.6 billion. The deal is aimed at… Read More ›
Amazon plans on opening a new warehouse in Germany’s western city Moenchengladbach, by the end of this year. Amazon.com Inc, the world’s biggest online retailer stated, it plans on opening a new warehouse in Germany later this year. The move… Read More ›
On the wings of strong sales from its businesses which makes a host of products ranging from supply chain and warehouse automation equipment to aircraft engines and catalysts for petroleum refining, Honeywell International Inc reported a better-than-expected second quarter profits… Read More ›
While the move is likely to positively benefit Australian customers who will now not have to bear the heavy costs of international shipping, the move however is likely to send a shiver down the collective spine of Australian retailers. On… Read More ›
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