A tussle over an Indian grocery company has pitted the world’s largest e-commerce business Amazon against India’s largest company Reliance. The companies are at odds because they both made separate…
Category: Business News
Elon Factor: Bitcoin hits new record of $50,000
Digital currency Bitcoin has risen to a new record high of more than $50,000 (£36,000). The so-called cryptocurrency, which was created by an unknown inventor, has risen about 72% this…
Recall: Mercedes recalls vehicles
Mercedes-Benz is recalling more than one million cars over a safety defect with the cars’ emergency call system. The problem is with the cars’ eCall feature, which alerts emergency services…
Strides: First Woman and First African to run WTO
Dr. Ngozi Okonjo-Iweala has been named first female, African boss of WTO The World Trade Organization has appointed Dr. Ngozi Okonjo-Iweala as its new director-general – making her the first…
Trail Blazing: Coca-Cola company trials first paper bottle
Coca-Cola is to test a paper bottle as part of a longer-term bid to eliminate plastic from its packaging entirely. The prototype is made by a Danish company from an…
Covid Chaos: Amazon sues New York’s top prosecutor
Amazon has sued New York’s top prosecutor over her probe of the firm’s response to Covid-19 safety concerns, including its firing of workers who spoke out with concerns. The company…
Covid Crunch: UK economy shrank by a record 9.9% in 2020
UK economy suffered record annual slump in 2020. The UK economy shrank by a record 9.9% last year as coronavirus restrictions hit output, official figures show. The contraction in 2020…
Retaliation:China bans BBC World News from broadcasting
China has banned BBC World News from broadcasting in the country, its television and radio regulator announced on Thursday. China has criticised the BBC for its reporting on coronavirus and…
No more Fenty: Rihanna’s Fenty fashion label to close down
Luxury goods group LVMH and singer Rihanna have agreed to shut down her Fenty fashion label after less than two years in production. However, the Savage X Fenty lingerie line…
Green Future:Denmark to build energy island in North Sea
A project to build a giant island providing enough energy for three million households has been given the green light by Denmark’s politicians. The world’s first energy island will be…