LG Commits $4.5 Billion to Building Battery Production Sites in the US
LG Energy Solution plans to invest more than $4.5 billion in its U.S. battery production business by 2025 in a bid to meet the rising demand for electric vehicles in the future. Th
Agnelli's buy 24% stake in luxury shoe brand Louboutin
The Agnelli family, owners of Ferrari and Juventus, has become a 24 percent shareholder in luxury shoemaker Christian Louboutin. It invested 541 million euros through its Exor hold
Amazon announces ‘largest renewable project’ to date
The Amazon-Shell HKN Offshore Wind Project is located 11 miles (18.5 kilometers) off the Dutch coast and covering an area of 125 square kilometers. The offshore wind farm is expect
Amazon to invest in natural gas trucks to lessen carbon emissions
The company has witnessed a boom in business in the last year with a 38 percent increase in sales. Amazon plans to operate a carbon-neutral business by 2040. The engines in the EV
Amazon loses bid to delay union forming move at Alabama facility
The National Labor Relations Board (NLRB) of the US has rejected Amazon’s request to postpone a union vote at one of its warehouses in Alabama, giving an opportunity to nearl
Andy Jassy, AWS Head to Amazon’s next CEO: Change or continuity at the helm?
Amazon’s new CEO Andy Jassy has big shoes to fill after Jeff Bezos steps down from his role as long-time CEO. The AWS head will get to test is mettle running one of the world’s
Amazon to host pop-up vaccination clinic in Seattle HQ
Amazon Inc. plans to set up a pop-up clinic at its Seattle headquarters on January 24 to help vaccinate 2,000 eligible members of the public against COVID-19. The announcement was
Store Closures Cost European Retail Giant Primark $1.43 Billion in Sales
The European retail giant Primark said the COVID-19 had caused a loss of over $1.43 billion (£1.05 billion) in sales from store closures. The fast-fashion retailer is planning to
Canadian Couche-Tard eyes France's Carrefour
The Couche-Tard – Carrefour merger would result in a giant retail chain worth more than $50 billion. The acquisition talks are at an early stage, according to both the compan