Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at US$7.5 billion.
Brazilian food retailer GPA SA plans to open its first store to test technologies such as facial recognition and "scan & go" shopping by year-end, following in the footsteps of parent company Casino, which opened a checkout-free store in Paris last November.
HANOI: Hanoi said it is committed to "freedom and fairness" in its trade ties with the United States, after President Donald Trump threatened to impose tariffs on goods from Vietnam, a major exporter to America. Vietnam has seen a leap in exports to the US this year as the...
Shares of U.S. online luxury reseller The RealReal Inc jumped 40per cent in their debut on Friday, giving it a market capitalization of US$2.32 billion and signaling increased investor appetite for listings of consumer companies.
U.S. equity futures rose on Friday amid growing caution ahead of a crucial meeting between Presidents Donald Trump and Xi Jinping and the release of inflation data that could feed into the Federal Reserve's decision on interest rates next month.
Alphabet Inc's Google on Friday announced a new subsea cable dubbed "Equiano" that will connect Africa with Europe, as it boosts its cloud computing infrastructure.
Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the discussions.
Shares in the S&P 500 bank index rose 2.6per cent on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health.
Amazon's new recruit comes from a medieval walled town in central Italy and can box and seal at least 600 items of different shapes and sizes every hour. Twenty-four hours a day, seven days a week.
Apple Inc is shifting the manufacturing of its new Mac Pro computer to China from the United States as trade tensions between the two nations escalate, the Wall Street Journal reported on Friday, citing people familiar with the matter.
