An Amazon.com Inc (O:AMZN) veteran who had led the integration of the online retailer’s $13.7-billion Whole Foods acquisition, would replace […]
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Russia’s Megafon cuts stake in Mail.ru to form digital venture
It would set up a joint venture with Gazprombank and state defense conglomerate Rostec to develop digital projects,Russia’s No.2 mobile […]
Chip testing firm Cohu to buy Xcerra for about $796 million
It will buy rival Xcerra Corp for about $796 million in a cash-and-stock deal,U.S. semiconductor testing company Cohu Inc said […]
Amazon unsuccessfully approached UK supermarket Waitrose in 2017
Amazon (O:AMZN) made an unsuccessful informal attempt to buy upmarket British supermarket chain Waitrose late last year. Citing an unidentified […]
American Tower Corp to acquire Telkom Kenya sites
America Tower Corporation will acquire Telkom Kenya‘s transmission towers in a deal expected to be concluded in the second half […]
India’s Flipkart approves $15 billion stake sale to Walmart-led group
Indian e-commerce firm Flipkart‘s board has approved a deal to sell an equity stake of about 75 percent in the […]
JPMorgan names head of artificial intelligence research
JPMorgan Chase & Co (NYSE:JPM) named Manuela Veloso head of artificial intelligence research to help drive the bank’s efforts in […]

Amazon to open new fulfillment center in Australia
It would open a new Australian fulfillment center in the southwest of Sydney, the country’s biggest city, in the second […]

Amazon offers to buy 60 percent stake in India’s Flipkart
CNBC-TV18 reported on Wednesday, citing sources, Amazon.com Inc (NASDAQ:AMZN) has made a formal offer to buy a 60 percent stake […]