Sunday , 17 May 2026

Recent Posts

Watches of Switzerland considers IPO as Apollo reduces stake

Bloomberg Watches of Switzerland Group, the UK’s biggest seller of luxury timepieces, said it’s considering an initial public offering in London that could help fuel expansion into the US market. The move would allow private-equity company Apollo Global Management to reduce its stake in the retailer, which handles about half of Rolex’s UK sales. It also could give impetus to …

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Brexit gives London homebuyers biggest discount in a decade

Bloomberg Homebuyers took advantage of Brexit uncertainty to get steep discounts in London’s fanciest neighborhoods in the first quarter. Prices for homes under 2 million pounds ($2.6 million) in the capital’s most sought-after districts fell the most in a decade in the three months through March as politicians failed to agree on a deal for the UK’s orderly withdrawal from …

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Robots race to unload trucks in Amazon-era

Bloomberg As FedEx Corp and United Parcel Service Inc beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com Inc, they’ve been stumped at a crucial stage: loading and unloading trucks. Robot makers are getting close to solving part of that puzzle. Siemens AG and Honeywell International Inc have built machines that pull packages from …

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