Tesco is to take over food wholesaler Booker in a £3.7bn deal which it says will "delight consumers" - but may attract competition concerns.
Britain's biggest supermarket said it would mean "better availability of quality food at attractive prices".
Booker operates the UK's biggest cash and carry network with 200 branches, serving independent retailers, catering and small business...
Toyota will add around 400 new jobs at its manufacturing plant in Indiana and make a $600 million investment in the factory, the company announced Tuesday.
The Japanese automaker will use the money to modernize the plant, which is where its Highlander SUV is manufactured. The company also said the investment will pay for advanced technologies and make the plant more competitive.
The...
Nowadays, the marketing game has been upped to a new level. It’s no wonder, when you consider the fact that competition in business has never been stronger. It takes imagination, hard work, and perseverance to reach your potential customers and convince them to choose your product or services. Sometimes, whatever you do, and however brilliant your ideas seem, the customers just fail to take the...
Rolls-Royce has been contracted to provide MTU diesel engines for the Turkish coast guard's six new search-and-rescue vessels.
The ships are being constructed by Damen Shipyards, and will each be equipped with two 8-cylinder series 2000 engines. Turkey's government says the boats will help them rescue migrants from crisis areas along the country's coast.
The boats are designed to be...
A prescription drug wholesale company was handed a record fine Tuesday on allegations from U.S. regulators for not reporting suspicious orders of painkillers.
McKesson Corporation will pay a $150 million fine and stop selling certain drugs in Colorado, Ohio, Florida and Michigan after it avoided its own internal systems to avoid inconsistent or outsize orders of drugs such as oxycodone and...
The Serbian government may have breached European laws as they relate to gas market competition with its deals with Russia, a directorate said.
The secretariat for the European Energy Community sent an open letter to Serbia's government that said it failed to comply with treaties in the energy sector. The community said that, in particular, it was concerned that a 2012 agreement between...
Online retailer Amazon Canada removed underwear carrying image of Hindu deity Lord Ganesh from its website within few hours after upset Hindus protested calling it “highly inappropriate”.
“Women's Ganesh Ganesa Ganapati 4 White Hipsters” with the image of Hindu deity Lord Ganesh on the hip on the underwear worn by the model on the Amazon.ca website, described as "Sexy Fashion Hipsters"...
Apple CEO Tim Cook's annual compensation took a 15 percent hit in 2016 after the company failed to meet sales and revenue targets for the first time since 2009, filings show.
Cook's annual cash bonus is tied to the tech giant meeting financial goals. Flagging sales of its signature iPhone, especially in China, were to blame for the less-than-expected sales numbers for the fiscal year, The Wall...
All ties are severed between Exxon Mobil and Rex Tillerson to address any conflicts of interest if he's confirmed as U.S. secretary of state, the company said.
Exxon President Darren Woods stepped in to fill the role of chief executive and chairman as Tillerson retires from the position to enter appointed government office, a role he's never served.
Under the agreement, Tillerson, if...
Saab has received a $326 million order to support the Airborne Early Warning and Control segment for an unnamed customer.
Airborne Early Warning and Control segments, or AEW&C, are situational awareness technologies often equipped to aircraft to support military intelligence gathering and reconnaissance operations. The platform can also be used to bolster border security and for...
