[ad_1] LONDON (Reuters) – British online retailer ASOS said its new warehouse in Atlanta, United States, struggled to cope with demand in its second quarter, resulting in a dip in U.S. sales and adding to
Exclusive: Advent and Blackstone among bidders for WPP market research arm Kantar – sources
[ad_1] LONDON (Reuters) – A series of buyout funds including U.S. firms Advent and Blackstone are in talks with advertising group WPP to explore bids for a majority stake in its data analytics unit Kantar,
India’s Mindtree management rejects hostile bid from L&T
[ad_1] (Reuters) – The management of Indian IT services company Mindtree rejected conglomerate Larsen & Toubro Ltd’s move to buy a 66 percent stake in the company by spending about $1.6 billion, terming it “value
Explainer: Germany, at last, launches 5G spectrum auction
[ad_1] MAINZ, Germany (Reuters) – Germany begins an auction of spectrum for next-generation 5G mobile networks on Tuesday, the outcome of which will play a decisive role in determining whether Europe’s largest economy remains competitive
Exclusive: Government asked banks to save Jet, avoid bankruptcy – sources
[ad_1] NEW DELHI (Reuters) – India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks
Aluminium producer Hydro hit by cyber attack on Tuesday
[ad_1] OSLO (Reuters) – Norsk Hydro, one of the world’s largest producers of aluminium, was sustaining a cyber attack on Tuesday that affected its operations, sending its shares lower. “IT-systems in most business areas are
Nifty, Sensex steady; auto stocks decline
[ad_1] (Reuters) – Indian shares were largely unchanged on Tuesday, as investors creamed off profits after six sessions of gains. A broker reacts while trading at his computer terminal at a stock brokerage firm in
Riding with ‘Uncle Diego’: Uber’s wild drive for growth in Chile
[ad_1] SANTIAGO (Reuters) – The Uber driver pulled up to the international airport outside Chile’s capital. As his passenger jumped into his gleaming Suzuki, he glanced around furtively for signs of trouble. FILE PHOTO: Uber’s
Reliance Communications jumps after Mukesh Ambani bails out brother Anil on Ericsson dues
[ad_1] FILE PHOTO: Anil Ambani, Chairman of the Reliance Anil Dhirubhai Ambani Group, attends the annual general meeting of Reliance Communication in Mumbai September 4, 2012. REUTERS/Danish Siddiqui/File Photo (Reuters) – Shares of Anil Ambani-led
Singapore’s Golden Gate partners Hanwha to invest in Southeast Asian startups
[ad_1] SINGAPORE (Reuters) – Golden Gate Ventures, a Singapore-based venture capital firm, said on Tuesday it has partnered with South Korea’s Hanwha Asset Management to invest together in Southeast Asian start-ups in areas such as