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Amazon Scores Indian Win As Court Freezes Future's $3.4bn Retail Deal

An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries after Amazon raised objections to the $3.4 billion deal, in...

Who Is Andy Jassy? New Amazon CEO's Life In The Clouds

Amazon's new chief executive, Andy Jassy, who joined the company in 1997 and has overseen its fast-growing cloud computing business, says the key to long-t...

Alibaba Beats Quarterly Revenue Estimates On Online Boom

China's Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue, as its e-commerce business benefited from a switch to online shoppi...

Britain's Ocado Turns To Electric And Pedal Power For Zoom Service

Ocado Zoom, the rapid grocery delivery service owned by British online grocer Ocado Retail, has launched a trial of electric, electric assisted and pe...

Contactless Payment Limit: Raising It To £100 Could Push More People Into Debt

In recognition of our changing spending behaviour during the pandemic, the UK’s Financial Conduct Authority (FCA) has announced plans to consult on i...

Amazon Set To Launch In Poland, Shares In Local Allegro Fall

Online shopping platform Amazon is preparing to set up a Polish based website so local shoppers will no longer have to order via its German site, it said o...

Cimcorp Appoints Tero Peltomäki As New CEO

The board of Cimcorp Group has appointed Tero Peltomäki as its new chief executive officer, effective 1 February 2021. In 1983, Peltomäki join...

Lidl Switzerland To Increase Sustainability, Energy Efficiency

Lidl Switzerland has teamed up with the Swiss Federal Laboratories for Materials Science and Technology to increase the sustainability and energy effi...