Alibaba Beat Analysts Also Hoping Higher Current Quarter For November Event
Alibaba Group Holding Limited (BABA) reported 34 percent growth in its e-Commerce business revenue and 59 percent growth in its cloud business, surpassing the growth rates of the cloud businesses of Amazon and Microsoft. For the upcoming quarter and the November 11 event, Alibaba has high hopes. After the biggest Chinese public company announced results […]
Apple, Inc. (AAPL) facing another Lawsuit over Cook`s comment china comments
U.S. District Judge Yvonne Gonzalez Rogers order Apple to face a proposed class-action lawsuit by shareholders led by a UK pension fund over the comment made by the CEO Tim Cook on Nov. 1, 2018, due to which hide the falling demand for iPhones in China, resulting in billions of dollars of investor losses. On […]
Walmart Inc (WMT) stops using Robots to keep its stock shelves updated
The world’s largest retailer Walmart Inc (NYSE: WMT) said now it won’t use robots to count stock any longer. The bricks-and-mortar stores reportedly have decided to close its alliance with robots-maker Bossa Nova Robotics. The machines are used to scan stock on shelves to make sure stock availability while keeping the count along with price […]
Co-op was one of the winners during coronavirus pandemic as it revenues soar
According to latest reports Grocery chain the Co-op sales surged in the first six months of year as customers preferred doing shopping closer to their houses instead of going to the crowdy bigger stores and stopped dinning out during the pandemic. Company’s year over year sales in food, without the effect of new shops opening, […]
The travel industry in chaos as Gatwick airports is set for redundancies
According to reports in UK, Gatwick Airport is aiming to lay-off almost quarter of its employees following coronavirus outbreak. It is estimated that close to 600 workers will lose their jobs as number of passengers have dipped almost 80% over the pandemic period. During the current circumstance’s airport is only using the North terminal and […]
