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Amazon to take stake in Grubhub, offer Prime membership

  Bloomberg Just Eat Takeaway.com NV’s shares jumped the most in almost four years after Amazon.com Inc agreed to take a stake in its Grubhub business. The stake is part of a partnership where Amazon will offer US Prime users a one-year membership to the food delivery service, the Dutch company said in a statement. The deal is a vital ...

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Italy receives offers for its troubled carrier ITA

  Bloomberg The Italian government has received offers from foreign bidders for its new national airline Italia Trasporto Aereo, or ITA, the successor to long-troubled carrier Alitalia, according to people familiar with the matter. The offers are about 200 million euros ($205 million) lower than the initial ones, said one of the people who declined to be named because the ...

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UK shoppers shift to supermarket brands

  Bloomberg Supermarket shoppers in Britain are increasingly opting for own-brand labels in a bid to save pennies on groceries. J Sainsbury Plc is seeing some customers switch into economy own-label goods and rival Tesco Plc said last month that clients are moving to store-brand versions of bread, pasta and beans. Households could save $649 a year by switching from ...

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