Britain's competition watchdog served Amazon and Deliveroo an initial enforcement order in a bid to pause the e-commerce giant's stake purchase in the online food delivery company.
Amazon's investment in British online food delivery group Deliveroo would be positive for consumers, Amazon said on Friday after Britain's competition regulator said it was considering a formal probe of the transaction.
Toyota Motor Corp will supply key hydrogen fuel-cell parts to Chinese automakers FAW and Higer Bus, as the Japanese automaker tries to promote the technology it continues to view as superior to rapidly spreading battery-powered vehicles.
SEOUL: Calls in South Korea for a boycott of Japanese goods in response to Japanese restrictions on the export of high-tech material to South Korea picked up on Monday, as a dispute over compensation for forced wartime labour roiled ties between the US allies. The dispute is the latest flashpoint...
Britain's competition watchdog served Amazon and Deliveroo an initial enforcement order in a bid to pause the e-commerce giant's stake purchase in the online food delivery company.
Asian shares hovered near two-month highs on Friday, holding recent gains as investors awaited U.S. employment data, a key release that could make or break market expectations about aggressive policy easing by the Federal Reserve.
SEOUL: Samsung Electronics Co Ltd forecast a steep plunge in its second-quarter operating profit as the U.S.-China trade war wreaks havoc in global chip and smartphone markets, although one-off gains helped it beat analyst expectations. The South Korean tech giant is on track to post year-on-year ...
U.S. job growth likely rebounded in June, with wage gains expected to pick up, but that would probably not be enough to discourage the Federal Reserve from cutting interest rates this month amid growing evidence the economy is slowing.
Boris Johnson, the leading candidate to replace Theresa May as British Prime Minister, said on Thursday the government had to find a way to tax global technology giants on their income.
Asian shares hovered near two-month highs on Friday, holding recent gains as investors awaited U.S. employment data, a key release that could make or break market expectations about aggressive policy easing by the Federal Reserve.
