Business
Tesco takeover of Booker gets go-ahead
A group of independent panel members has investigated how bringing together the UK's largest grocery retailer and its largest grocery wholesaler would affect competition. Strong competition in the market ensures that shoppers can choose the best deal for them. In a statement, the CMA said: "The merger between Vision Express (UK) Limited and Tesco Opticians will therefore not be referred to Phase 2 and the undertakings which have been signed by Vision Express (UK) Limited will come into ...
Business
Cordray sets exit from CFPB
Republicans on the hill have always been calling for President Trump to fire Cordray and hire someone less antagonistic to the finance industry, yet Trump balked, apparently concerned that firing Cordray would turn him into some kind of martyr for the left.
Business
Stock that will multiply your investment : Coca-Cola European Partners plc (NYSE:CCE)
The firm had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $8.73 billion. They expect $0.38 earnings per share, up 2.70% or $0.01 from last year's $0.37 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend was Tuesday, November 29th.
Business
Lawsuit: Some female Uber passengers have 'endured rape, physical violence' from drivers
Two female riders, who would rather have their names undisclosed, hit the ride-hailing service company Uber with a class-action lawsuit , alleging rape, violence, and harassment by drivers. "Nothing meaningful has been done to make rides safer for passengers - especially women". "This is no longer an issue of "rogue" drivers who act unlawfully", reads the suit.
Business
Ethiopian Airlines orders four Boeing 777 freighters
They are US company Frontier Airlines, Mexico's Volaris, Chilean carrier JetSmart and Hungary's Wizz. The Indigo deal would more than double Airbus's existing order book for the year, which stood at about 290 aircraft as of October 31. Indigo Partners is a US-based private equity group that invests in airlines. "The deal represents the largest-ever single-aisle jet order - by the number of airplanes and total value - from a Middle East carrier", Boeing said in a statement."When ...
Business
Amazon surrenders cheapest bit of Chinese cloud
Chinese regulators are tightening rules on foreign data and cloud services, implementing new surveillance measures and increasing scrutiny of cross-border data transfers. However, like its peers, Amazon has found it hard making headway in China, which is dominated by local tech giants Alibaba and Tencent Holdings Ltd.