Showing 1 - 10 of 24
Bitcoin powers to new high as Tesla takes it mainstream
Reuters, Published on 09/02/2021
» TOKYO: Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc's investment in the cryptocurrency had investors reckoning it would become a mainstream asset class for both corporates and money managers.
Apple limits online iPhone purchases
Reuters, Published on 20/03/2020
» SHANGHAI: Apple Inc is limiting customer purchases of iPhones over its online stores in many countries including the United States and China to a maximum of two handsets per person, checks on its website on Friday revealed.
CP’s Tesco buy could be bitten by new antitrust watchdog
Reuters, Published on 09/03/2020
» BANGKOK/SINGAPORE: CP Group's $10 billion (334 billion baht) deal to buy Tesco PLC's 2,000 Thai retail outlets marks the end of a three-way tycoon tussle - and the beginning of the first engagement for Thailand's newly powerful antitrust watchdog.
CP Foods to buy Canadian pork producer HyLife for B11.9 bn
Reuters, Published on 22/04/2019
» Charoen Pokphand Foods Plc (CPF), Thailand's largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million (11.9 billion baht) to expand its North American business.
China's budding coffee culture propels Starbucks
Reuters, Published on 06/12/2017
» SHANGHAI/LOS ANGELES: In Wu Qiong's small cafe in downtown Shanghai, coffee beans nestle in glass jars on the bar while various brews bubble away behind the counter.
iPhone X hits the spot as long queues return
Reuters, Published on 03/11/2017
» SYDNEY/BEIJING: Long, snaking lines formed outside Apple Inc stores in Asia early on Friday as fans flocked to buy the new iPhone X, a turnout that contrasts with the more lacklustre launches for the past two iterations of the premium smartphone.
Jollibee eyes more deals to boost growth
Business, Reuters, Published on 26/09/2017
» MANILA/SINGAPORE: Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth.
Hudson's Bay steps outside Canada with Dutch stores
Business, Reuters, Published on 06/09/2017
» TORONTO: Hudson's Bay Co's (HBC) commitment to Europe "is rock solid," chief executive officer Gerald Storch told Reuters in an interview, ahead of the opening of the first of 10 planned name-sake department stores in the Netherlands yesterday, bucking a trend away from bricks and mortar.
Fashion M&A, like a crop top, hard to pull off
Business, Reuters, Published on 12/07/2017
» NEW YORK: Mergers and acquisitions for fashion retailers are like a crop top T-shirt: a risk best braved by a select few and avoided after a certain age.
Aldi tries to match Wal-Mart on price
Business, Reuters, Published on 12/05/2017
» WHEATON, Illinois: German grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices.