Sunday , 8 February 2026

Recent Posts

Zara stores to close in Venezuela as Inditex brands exit

Bloomberg The franchise operator of Zara and two other popular apparel chains will close all of its stores in Venezuela in the next few weeks. Zara, along with Pull&Bear and Bershka, are owned by Spain’s Inditex SA and have been operating as franchises in Venezuela since 2007. The franchise is managed by Panamanian-based company Phoenix World Trade, run by Camilo …

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Instacart expands deal with 7-Eleven

Bloomberg Instacart Inc is expanding its delivery partnership with 7-Eleven Inc in a bid to capture share of a fast-growing convenience store market dominated by DoorDash. The San Francisco-based company is adding 4,000 7-Eleven locations, bringing the total to 6,000 stores in 33 states and Washington, and pledges to get deliveries to customers in as little as 30 minutes. Instacart …

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After $690bn slump, traders see value in Asia tech stocks

Bloomberg Asian tech shares haven’t been immune from the global selloff in speculative assets, but investors are sifting through the ashes and some see buying opportunities. JPMorgan Asset Management is suggesting that investors buy the dip as combined losses in the region’s technology and consumer discretionary sectors hit about $690 billion from their first-quarter peaks. Pictet Asset Management says Asia’s …

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