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Ocado raises profit target over demand

Bloomberg Ocado Group Plc raised its profit forecast as the pandemic boosts demand for online groceries, and agreed to buy two robotics companies for about $287 million. The company said it expects full-year earnings to exceed $77 million before interest, taxes, depreciation and amortisation. The previous target was for Ebitda of more than 40 million pounds. Ocado said its joint ...

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China gains ground on India during summer in Himalayas

Bloomberg As troops in the Himalayas hunker down for the brutal winter, the outcome of the worst clashes in decades is becoming clear: China has pushed further into territory once patrolled exclusively by India. A summer of fighting saw India lose control over about 300 square kilometres (115 square miles) of land along the disputed mountainous terrain, according to Indian ...

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19 killed in attack on Kabul University

Bloomberg Three gunmen attacked Afghanistan’s largest university killing at least 19 people and wounding 22 others, the latest bout of violence to wrack the capital Kabul as the government and Taliban engage in negotiations to end the 19-year-conflict. Afghan special forces arrived at Kabul University shortly after the attack began late morning, fighting the assailants and saving the lives of ...

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