Ex Ted Baker boss joins Ocado as Amazon takeover rumours swirl June 27, 2023 The former boss of British fashion brand Ted Baker will join Ocado as rumours swirl about a possible takeover bid. Rachel Osborne stepped down from her role as head of the British fashion brand earlier this month, with a number of other senior board members after Ted Baker was acquired by Authentic Brands for £211m [...]
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority April 22, 2024 If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.
Warhammer-maker Games Workshop set for profits boost after Amazon deal June 14, 2023 Warhammer-maker Games Workshop said it is expecting to post a boost in profits for the the year today as it feels the lift of a blockbuster deal with Amzon signed in December.
DS Smith: Amazon packaging giant silent on takeover bid as box volumes stay flat March 6, 2024 Packaging giant DS Smith has omitted mention of a potential takeover bid in a trading statement, instead noting that box volumes remained flat over the last three months. In a trading statement, the group said its focus remained on improving operating efficiency, resilient pricing and tight cost controls, as North America and Eastern Europe saw [...]
Amazon to close three UK warehouses impacting thousands of jobs January 10, 2023 Amazon has revealed plans to shut three UK warehouses in a move which will impact 1,200 jobs. The company has launched consultations over the closure of sites in Hemel Hempstead, Doncaster and Gourock, in the west of Scotland. All workers at the Amazon sites will be offered roles at other Amazon locations. The online technology giant has also [...]
Premier League on Amazon Prime Video: When is it on? Who is playing? And why are its days numbered? December 4, 2023 It's become a firm fixture in the season schedule, but won't be for much longer.
Amazon asked to formally recognise GMB union at strike-hit Coventry site April 26, 2023 Online giant Amazon is being asked to formally recognise a trade union at one of its sites which has been hit by strikes. The GMB says it would be the first time workers at the company would have formal union recognition for collective bargaining over pay and conditions. The move follows strikes by hundreds of GMB members [...]
Sunak says Ukraine ‘belongs’ in NATO as Wallace warns UK is ‘not Amazon’ for weapons delivery July 12, 2023 Rishi Sunak told Ukraine’s president Volodymyr Zelensky he belonged in NATO as he assured him “real progress” had been made on security guarantees for Kyiv in its fightback against Russia. The prime minister met the Ukrainian president on the fringes of the NATO summit in Vilnius. Zelensky has been left frustrated by the reluctance of [...]
Osborne-chaired Lingotto fund builds stake in Ocado amid Amazon takeover rumours June 26, 2023 The investment fund chaired by former chancellor George Osborne has built a up stake in retail tech firm Ocado, new company filings revealed today.