Tesco Asian assets threatened by Thailand competition regulations

Sale of Tesco Asian assets threatened by Thailand competition regulations

The sale of Tesco assets in Asia, which are potentially valued at up to $10 billion, may be threatened by competition regulations in Thailand. Competition...
BlackRock changes investment strategy to promote sustainability

BlackRock to change investment strategy to promote sustainability

Asset manager BlackRock has announced that it will change its investment strategy and abandon investments that it considers a sustainability risk. BlackRock, the giant asset...
Lime pulls out of 12 markets, lays off employees

Lime pulls scooters out of 12 markets, lays off employees

Scooter sharing company Lime has decided to pull out of 12 markets and lay off employees at it continued its struggle to become profitable. Lime,...
internet shutdowns

Internet shutdowns cost over $8 billion in 2019 — report

A new report has estimated that the more than 18,000 hours of internet shutdowns globally due to deliberate government action cost over $8 billion...
Willie Walsh retiring as CEO of International Airlines Group

Willie Walsh retires as CEO of International Airlines Group

Willie Walsh has announced that he is retiring as chief executive officer (CEO) of International Airlines Group, the owner of British Airways. Willie Walsh announced...
Apple App Store

$1.4 billion spent by Apple customers on the App Store in one week

Apple has announced that customers spent $1.42 billion on its App Store in the week between Christmas Eve and New Year's Eve. According to Apple,...
Fortnite earns $1.8 billion in 2019

SuperData: Fortnite earns $1.8 billion in sales in 2019

Battle royale video game Fortnite has become the top-grossing online video game again, posting $1.8 billion in sales for 2019. Epic Games' online video game...
Boeing finds another design flaw in 737 Max aircraft

Boeing discovers another potential design flaw with the 737 Max aircraft

Following a December safety audit ordered by the US Federal Aviation Administration (FAA), Boeing discovered another potential flaw in the design of its 737...
Forber HBO executive Richard Pepler signs production deal with Apple

Ex-HBO executive Richard Plepler and Apple sign production deal

Former HBO chief executive officer (CEO) and chairman Richard Plepler has signed an exclusive production deal with Apple for its Apple TV+ service. Richard Plepler,...
Amazon threatens to dismiss climate change activist employees

Amazon ‘threatens to dismiss’ climate change activist employees

A group of Amazon employees has said that the e-commerce firm threatened to dismiss some of them for speaking out on climate change issues...

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