Recent Posts

Amazon staff plan strike at UK warehouse

  Bloomberg Amazon Inc workers will stage a week-long strike at a warehouse in Coventry, UK, next month in a dispute over pay, according to trade union GMB. The walkout is timed to maximise disruption for Easter weekend and slow product delivery, a GMB spokesperson told Bloomberg. It follows a day-long strike at the warehouse late last month, a first ...

Read More »

Ford invests $3.5 billion in EV battery plant with Chinese firm

Bloomberg Ford Motor Co is investing $3.5 billion in an electric-vehicle (EV) battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy. The factory near Marshall, Michigan, will employ 2,500 workers, Ford said, confirming a Bloomberg report. The facility is set to open in 2026 and will ...

Read More »

Singapore’s Aspire snags $100m even as VC market slows

  Bloomberg Aspire Pte, a fintech startup serving businesses, raised $100 million in a round that more than doubled its valuation, defying a market downturn for young tech firms. The Singapore-based company said in a statement it struck a deal for financing led by Lightspeed and Sequoia Capital Southeast Asia. Paypal Ventures, Tencent Holdings Ltd, LGT Capital Partners and previous ...

Read More »
Send this to a friend