JD.com abandons bid for Currys, following Elliott Advisors’ retreat
In a twist of events reminiscent of a high-stakes poker game, Chinese online retailer JD.com has decided to fold its hand and walk away from [more…]
Category: U.K.
Qatar’s Commercial Bank and Visa revolutionize payment experience with Visa Installment Solution
In a move to redefine the payment landscape in Qatar, Commercial Bank has partnered with Visa, the world leader in digital payments, to introduce the [more…]
Rolls-Royce’s aircraft engine sales soar
Rolls-Royce, the British aerospace and defense company, remains unfazed by the recent price increases for its aircraft engines, as the industry experiences a surge in [more…]
Kellanova announces plant closures in US and UK
In a strategic move aimed at enhancing productivity and efficiency, Kellanova, a global food company, has announced the closure of two of its manufacturing plants—one [more…]
British foodservices, SSP Group, expands in Australia, an important market
In a move set to significantly expand its footprint in Australia, SSP Group has announced its agreement to fully acquire Airport Retail Enterprises Pty Ltd [more…]
Rolls-Royce Motor rings in 2024 with exclusive Year of the Dragon collection
Luxury automotive manufacturer Rolls-Royce Motor Cars is celebrating the Lunar New Year in style with the launch of its limited Year of the Dragon Bespoke [more…]
John Lewis Partnership contemplates significant job cuts to accelerate restructuring efforts
The renowned owner of John Lewis department stores and Waitrose supermarkets, is reportedly considering a substantial reduction in its workforce over the next five years. [more…]
Shell to convert German refinery into lubricant feedstock facility by 2025
Shell has announced plans to shut down its oil refinery in Wesseling, Germany, by 2025 and repurpose the site for the production of lubricant feedstock, [more…]
Spotify to offer audiobooks and subscriptions in Europe, bypassing Apple’s fees
Spotify announced on Wednesday that starting in March, its European users will be able to purchase audiobooks and subscription plans directly within the music-streaming app. [more…]
UK and Denmark unveil ambitious Viking Link project to power homes and cut emissions
In a landmark move to combat climate change and enhance energy security, the UK and Denmark have initiated a groundbreaking joint venture known as the [more…]