Business News

Amazon to launch new grocery store brand; steps up competition in brick-and-mortar space

Fresh grocery is one of the areas that the e-commerce giant has been trying to explore for a while now but is yet to break through with the Amazon brand

Nov 13, 2019

By R. Ghosh

Amazon prime

Smarten Spaces secures $12m Series A funding from leading Asia investor Symphony International Holdings Ltd

Funding to accelerate expansion across the Asia Pacific and North America for Smarten Spaces AI and Saas Driven Smart Space Platform

Nov 13, 2019

By IBTimes SG Desk

Disney+ to stream on Amazon Fire TV devices, LG and Samsung smart TVs

Disney+ launch marred by technical glitches; services hit hard in Puerto Rico and Canada

Many users complained of an error message that flashed on their screens when they tried to download the Disney+ app.

Nov 13, 2019

By R. Ghosh

Netflix Amazon prime

650 jobs go up in smoke as troubled e-cigarette maker Juul tries to slash $1 billion in costs

Juul said last week it would halt sales of its mint-flavored nicotine pods, which were found to be the most popular flavor among high school students.

Nov 13, 2019

By R. Ghosh

Facebook Pay: Zuckerberg now lets you send money on Messenger, WhatsApp and Instagram

'Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected'

Nov 13, 2019

By R. Ghosh

Facebook

Boeing expects to resume deliveries of 737 in December & start commercial services in January

Boeing's 737 Max is grounded since March following two fatal crashes in Indonesia and Ethiopia that killed 346 people

Nov 12, 2019

By R. Ghosh

Apple to debut in the augmented reality space in 2022 launching headset, followed by AR glasses

Augmented reality is a space that Apple has been long trying to explore but has been facing difficulties.

Nov 12, 2019

By R. Ghosh

Alibaba beats rivals, wins the online game with record sales of $38 billion on Singles' Day

The company registered sales of $1 billion within the first 68 seconds into the online shopping festival and $10 billion in the in half an hour.

Nov 12, 2019

By R. Ghosh

Adidas shuts down factories in US and Germany; high-tech sneakers will be made in Asia

The two facilities located in Ansbach and Atlanta use robots and 4D technology to produce the company's high-tech running shoes.

Nov 12, 2019

By R. Ghosh

Elon Musk takes battle to China; Gigafactory 3 to make 3,000 Tesla Model 3 cars a week

Unlike the U.S. version of Model 3, the Made-in-China model will sport a different look, with unique badges at the rear.

Nov 12, 2019

By R. Ghosh

DBS Group net profit rises 15% to $1.63 billion in third-quarter

Rising fee income, higher returns from trading and loan growth helps Southeast Asia's largest bank to post robust growth in net profit.

Nov 11, 2019

By Jacob J

student Makhzoomi forced out of southwest airlines

Losses run into billions as Southwest and American Airlines delays return of Boeing 737 Max

Southwest Airlines said that it now is planning its Boeing 737 Max planes to return not before March 6, 2020

Nov 10, 2019

By R. Ghosh

Alibaba Founder and Chairman Jack Ma (L) talks to CEO Daniel Zhang at NYSE Bell Ringing ceremony during Alibaba Group's 11.11 Global shopping festival in Beijing, China, November 11, 2015. REUTERS/Kim Kyung-Hoon/File Photo

Alibaba's Singles Day: Taylor Swift show to kick-start biggest shopping extravaganza ever

The 24-hour-long shopping extravaganza, which made its debut in 2007, is held every year on November 11 and is bigger than Amazon's Prime Day.

Nov 9, 2019

By R. Ghosh

Amazon prime

An IranAir Airbus A320 passengers aircraft parks after landing at Belgrade's Nikola Tesla Airport

Airbus takes the game away from Boeing; sells a whopping 415 aircraft in October

Demand for Boeing's 787 wide-body has been declining since 2018, while the popularity of Airbus' narrow-body type A330neo continues to grow.

Nov 9, 2019

By R. Ghosh

Kroger unveils new logo, slogan ahead of holiday season; lifts delivery fee on grocery to capture more shoppers

Kroger's new marketing campaign features a range of animated character which the company calls "Krojis" or Kroger emojis.

Nov 7, 2019

By R. Ghosh

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