Recent Posts

JLR posts loss amid decline in demand

Bloomberg Jaguar Land Rover posted a quarterly loss amid a decline in deliveries of its sport utility vehicles (SUV) F-Pace and Discovery Sport from a year earlier. The luxury unit of Tata Motors Ltd. reported a loss of $276 million in the three months ended on June 30, the automaker said. The parent also posted a loss of $277 million. ...

Read More »

Starbucks to begin coffee delivery in China with Alibaba

Bloomberg Starbucks Corp. will be joining forces with Alibaba Group Holding Ltd. to begin delivering its drinks and baked goods in China, according to people with knowledge of the plans, rolling out an effort to stave off competitors and turn around sales in the country. Ele.me, the meals delivery service owned by Alibaba, will handle the logistics in a deal ...

Read More »

EU hurtles towards a pyrrhic Brexit victory

There were a few “Amens” coming from the UK after Italy’s far-right deputy prime minister, Matteo Salvini, reportedly told The Sunday Times that “there is no objectivity or good faith from the European side” when it comes to the bargaining over the terms of the UK’s exit from the European Union. He urged UK Prime Minister Theresa May to hold ...

Read More »
Send this to a friend