Business

Online fashion retailer Boohoo has bought the Dorothy Perkins, Wallis and Burton brands from failed retail group Arcadia for £25.2m The deal includes the brands and online businesses, but not the 214 shops nor 2,450 workers...

Online fashion firm Boohoo has told its Leicester-based suppliers that they must bring all clothes-making work in-house, either buying out or cutting ties with sub-contractors. The demand has caused concern among some suppliers about how they...

The pandemic is transforming communities and accelerating digitalization and the technology adoption across Bangladesh. Telenor Research has recently identified five different technology trends that will shape 2021, Grameenphone recently unveiled the research findings through an interactive...

Cuba has announced it will allow private businesses to operate in most industries, in what is a major reform to its state-controlled economy. Labour Minister Marta Elena Feito said the list of authorised industries had expanded...

Private social audio app Clubhouse is attracting masses of new users from mainland China, where the U.S. app remains uncensored by authorities despite flourishing discussions on rights, national identity and other sensitive topics. Western social media...

German carmaker Daimler aims to keep a “protective hand” on Daimler Trucks, the world’s largest truck and bus maker, following a planned spin-off, Chief Executive Ola Källenius told the Frankfurter Allgemeine Sonntagszeitung (FAS). Daimler said on...

Supermarket chain Kroger Co said on Friday it would give $100 to workers who get a COVID-19 vaccination, joining a growing list of U.S. retailers incentivizing employees to get inoculated against the novel coronavirus as soon...

PayPal Holdings Inc will wind down its domestic payments business in India from April 1, the company said in a statement on Friday. San Jose, California-based PayPal will instead focus on its cross-border payments business, which...

Indonesia has received an investment proposal from U.S. electric vehicle (EV) maker Tesla, the country’s deputy head for investment and mining coordination, Septian Hario Seto, told reporters on Friday. Indonesia is the world’s biggest nickel producer,...

The owner of Cadbury is set to return more of its Dairy Milk production back to its historic Bournville factory. Mondelez International – which owns the chocolate brand – said some production in continental Europe would...