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Babies ‘R’ Us demise sets off scramble for baby registries

Bloomberg The liquidation of Toys ‘R’ Us Inc. has stoked fears about how the US toy industry will absorb the blow. But the shutdown of the company’s sister chain, Babies “R” Us, is setting off its own wave of disruption in the market for infant products. One of the biggest questions: What happens to all the customers who had baby ...

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Congo airport warns to halt operations over debt

Bloomberg Aeroports du Congo, a unit of Groupe Egis of France, threatened to halt operations at three airports it manages because of debts owed by the government. The state owes the company 5 billion CFA francs ($9 million), including value-added tax refunds and landing fees, Director-General Jean-Michel Ratron said in a statement emailed from the capital, Brazzaville. The company is ...

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Amazon takes fresh stab at $16bn housekeeping industry

Bloomberg Three years ago, Amazon.com Inc. launched a marketplace to connect its customers with handymen, landscapers and housekeepers in their neighbourhoods, a direct challenge to the likes of Angie’s List Inc. and Yelp Inc. The offering embraced the independent contractor model, using Amazon’s web store to create a new service from scratch without hiring a single person or buying any ...

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