News
Fresh foods boost Amazon Now demand in Brazil, executive says
5+ hour, 49+ min ago (419+ words) SAO PAULO, July 7 (Reuters) " Fresh food offerings have helped boost demand for Amazon's new 15-minute quick-delivery service in Brazil, prompting the company to increase its range of products for that market by 15%, "a local executive said. Amazon kicked off the…...
From shampoo to cookies, consumer products get an AI makeover
1+ day, 11+ hour ago (411+ words) VIENNA, July 6 (Reuters) " French cosmetics company L'Oreal has used AI to identify molecules in its skincare products that can be repurposed for use in shampoo and can now create products four times faster "than before, a senior executive told Reuters....
UK grocer Asda taps Ocado to revamp online business
1+ mon, 1+ week ago (478+ words) By James Davey and Raechel Thankam Job LONDON, May 29 (Reuters) " British supermarket group Asda has struck a partnership with technology firm Ocado to overhaul its online business across the UK as it seeks to stem market share losses, the companies…...
Amazon. com defeats appeal claiming it aided tariff evasion
1+ mon, 2+ week ago (355+ words) NEW YORK, May 20 (Reuters) " A U. S. appeals court on Wednesday rejected a whistleblower's claim that Amazon. com helped foreign fur manufacturers evade tariffs on products sold on its "platform, hurting domestic rivals. The 2nd U. S. Circuit Court of Appeals "found no proof that…...
Exclusive-US and others propose e-commerce pact as WTO deadlock deepens | 1330 & 101. 5 WHBL
2+ mon, 1+ day ago (572+ words) By Olivia Le Poidevin and David Lawder GENEVA/WASHINGTON, May 5 (Reuters) " The U. S. and a group of countries are planning to press ahead with their own moratorium on e-commerce duties if Brazil and Turkey continue to oppose an extension of a…...
Game Stop's $56 billion e Bay bid raises financing doubts among investors
2+ mon, 3+ day ago (649+ words) May 4 (Reuters) " Game Stop CEO Ryan Cohen's unprecedented $56 billion takeover bid for the much larger e Bay drew skepticism from investors and analysts on Monday, with shares in the online retailer trading much below the offer price. The nearly $12 billion…...
Game Stop makes bold $56 billion play for e Bay, ready to go hostile
2+ mon, 3+ day ago (387+ words) By Mihika Sharma and Akanksha Khushi May 3 (Reuters) - Game Stop proposed on Sunday to buy e Bay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders…...
Game Stop makes unsolicited offer to buy e Bay for about $56 billion, WSJ reports
2+ mon, 3+ day ago (42+ words) May 3 (Reuters) - Game Stop has made an unsolicited offer to acquire U. S. online marketplace e Bay Inc for about $56 billion, the Wall Street Journal reported on Sunday, "citing an interview with Game Stop CEO Ryan Cohen. Game Stop has built a…...