AMSTERDAM/LONDON (Reuters) – Just Eat Takeaway said on Thursday its proposed $6 billion takeover of Grubhub to create a trans-Atlantic giant would give it the upper hand in the online food delivery market, where competitors are scrambling for share. FILE PHOTO: Signage for Just Eat is seen on the window of a restaurant in London,
Technology
AMSTERDAM/NEW YORK (Reuters) – European food ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that, if completed, would create the world’s largest food delivery company outside China. FILE PHOTO: Signage for Just Eat is seen on the window of a restaurant
LONDON (Reuters) – Britain’s competition regulator has given itself two more months to make a final ruling on Amazon’s (AMZN.O) purchase of a minority stake in online delivery group Deliveroo so it can take full account of representations from all interested parties. FILE PHOTO: A courier for food delivery service Deliveroo rides a bike in
FILE PHOTO: An electric car parks next to a charging station in Ostfildern near Stuttgart, Germany, August 19, 2019. Picture taken August 19, 2019. REUTERS/Ralph Orlowski BERLIN (Reuters) – The German economy ministry wants to earmark 500 million euros ($566.95 million) from Berlin’s bumper stimulus package to support private investors building charging stations for electric
FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, Spain, February 25, 2019. REUTERS/Sergio Perez WASHINGTON (Reuters) – International Business Machines Corp (IBM.N) disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and
SEOUL (Reuters) – Samsung Group heir Jay Y. Lee on Monday arrived at a South Korean court which will rule whether he will be sent back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country’s top conglomerate. Samsung Group heir Jay Y.
A woman rides her scooter past advertisements of Reliance Industries’ Jio telecoms unit, in Ahmedabad, India, July 5, 2018. REUTERS/Amit Dave NEW DELHI (Reuters) – Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).
FILE PHOTO: HSBC’s building in Canary Wharf is seen behind a City of London sign outside Billingsgate Market in London, Britain, August 8, 2018. REUTERS/Hannah McKay (Reuters) – HSBC Holdings Plc (HSBA.L) Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face
(Reuters) – The heavyweight technology and growth stocks that drove Wall Street higher in recent years are again fueling a surge that has taken the Nasdaq from a brutal selloff to an intraday record high in just 11 weeks, as investors look beyond the economic upheaval caused by the coronavirus. FILE PHOTO: The Nasdaq logo
FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, U.S., October 23, 2019. REUTERS/Erin Scott (Reuters) – Facebook (FB.O) CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President
FILE PHOTO: U.S. President Donald Trump delivers a statement on the ongoing protests over racial inequality in the wake of the death of George Floyd while in Minneapolis police custody, in the Rose Garden at the White House in Washington, U.S., June 1, 2020. REUTERS/Tom Brenner (Reuters) – Twitter Inc has disabled U.S. President Donald
NEW YORK (Reuters) – A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon. Traders wearing masks work, on the first day of in person trading since the closure
SAN FRANCISCO (Reuters) – Snap Inc said it would no longer promote U.S. President Donald Trump’s account in Snapchat’s Discover section, saying his incendiary comments last week made the account ineligible for the curated section where users explore new content. “We will not amplify voices who incite racial violence and injustice by giving them free
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire leaves the Elysee Presidential Palace after a weekly cabinet meeting, in Paris, France May 27, 2020 as France eases lockdown measures taken to curb the spread of the coronavirus disease COVID-19. Ludovic Marin/Pool via REUTERS PARIS (Reuters) – French Finance Minister Bruno Le Maire criticized
FILE PHOTO: European Competition Commissioner Margrethe Vestager presents the EU executive’s economic response to the coronavirus epidemic in Brussels, Belgium, March 13, 2020. REUTERS/Johanna Geron/File Photo BRUSSELS (Reuters) – EU regulators are seeking feedback about a possible new power to investigate businesses and demand changes even when no competition rules have been broken, in a
WASHINGTON (Reuters) – Pacific Networks Corp and its wholly owned subsidiary ComNet (USA) LLC on Monday urged the Federal Communications Commission (FCC) not to shut down its U.S. operations. FILE PHOTO: The Federal Communications Commission (FCC) logo is seen in Washington February 26, 2015. REUTERS/Yuri Gripas/File Photo In April, the FCC issued show cause orders