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India court lifts freeze on Future Retail

Bloomberg An Indian court has halted implementation of a ruling that froze assets of Future Retail Ltd. and its founders on a petition by Amazon.com Inc. The American giant wants to block the sale of the retailer to Mukesh Ambani’s Reliance Industries Ltd. The Delhi High Court stayed the March 18 verdict that had ordered Future Retail to ask regulators ...

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Nestle rolls out touchless coffee machines, new flavours

Bloomberg Nestle SA is preparing for post-pandemic coffee growth as the world’s largest food company rolls out touchless machines for the office and bets new flavors will win over more consumers making coffee at home. The maker of Nespresso and Nescafe is planning a wider introduction of machines that can be controlled via smartphone, catering to concern about viral transmission, ...

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China lashes out at US allies in bid to thwart Biden strategy

Bloomberg This week Joe Biden made good on his campaign promise to work more with allies to pressure China, coordinating with US partners to impose sanctions over alleged human-rights abuses in Xinjiang. Beijing’s response: Hit back at the allies as hard as possible. China wasted no time immediately retaliating with reciprocal sanctions against European Union officials while summoning the bloc’s ...

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