Walmart Inc said on Monday it has dropped its plans to use roving robots to scan shelves and keep track of inventory, squashing the world's largest retailer's years-long efforts to automate the task.
The CEO of Monte dei Paschi told directors on Monday (Nov 2) the bailed-out Italian bank needs €1.5-2.0 billion (US$1.7-US$2.3 billion) in cash to avoid breaching capital requirements in the first quarter of 2021, a source with knowledge of the matter said.
Any French involvement in holding up a multi-billion natural gas deal over environmental concerns could damage the country's trade ties with the United States, a Republican Senator has warned in a letter to French President Emmanuel Macron.
Donald Trump's campaign slogan in 2016 could have been 'build the Wall Street’, but a scan across global markets throws up plenty of surprises, especially in the emerging economies that have been in Trump's cross-hairs.
Fiat Chrysler Automobiles NV (FCA) disclosed it could face costs of up to 722 million euros (US$840 million) to resolve a Justice Department investigation into excess diesel emissions and as a result of higher fuel economy penalties.
US manufacturing activity accelerated more than expected in October, with new orders jumping to their highest level in nearly 17 years amid a shift in spending toward goods like motor vehicles as the COVID-19 pandemic drags on.
Monte dei Paschi CEO Guido Bastianini told directors at a board meeting on Monday the bank needs 1.5-2.0 billion euros (US$1.7-US$2.3 billion) in cash to avoid breaching capital requirements early next year, a source with knowledge of the matter said.
A German appeals court on Monday lifted the enforcement of an injunction won by Nokia Oyj in a patent dispute with Lenovo Group Ltd to block the world's largest PC maker from selling its products in Europe's largest economy.
LONDON: Alibaba Group Holding Ltd is in advanced talks to invest nearly US$300 million in online luxury fashion retailer Farfetch Ltd, the Information reported on Monday, citing people familiar with the matter. Shares of London-based Farfetch jumped about 16 per cent to US$32.59 following the news ...
Apple Inc on Monday announced a special event for Nov. 10 but gave no further details aside from a tag line of "one more thing."
