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Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down
From flights to supermarkets to banking operations, the global Microsoft outage is disrupting multiple sectors and threatens to lead to massive issues if it is not resolved soon.
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Hong Kong's "Dynamic Zero" Covid Policy Flails As Cases Spiral
Hong Kong's subway operator, bus companies and one of the city's biggest supermarket chains said they were reducing services this week due to a worsening COVID-19 outbreak that has seen daily infections explode since early February.
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Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
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Alibaba Acquires Majority Stake in Chinese Supermarket Chain Sun Art
The Alibaba Group said it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group, gaining further ground in China's retail market. Alibaba, which already owned 21 percent of Sun Art through a unit, will raise its stake to around 72 percent through the acquisition of a similar stake in A-RT Retail Holdings, who owns...
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New FDI rules a setback for foreign, local retailers
New rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal-Mart Stores, increase costs and hurt cash-strapped local retailers eager to partner with foreign companies.
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Massive Worldwide Microsoft Outage: Flights, Markets, Stock Exchange Down
From flights to supermarkets to banking operations, the global Microsoft outage is disrupting multiple sectors and threatens to lead to massive issues if it is not resolved soon.
-
Hong Kong's "Dynamic Zero" Covid Policy Flails As Cases Spiral
Hong Kong's subway operator, bus companies and one of the city's biggest supermarket chains said they were reducing services this week due to a worsening COVID-19 outbreak that has seen daily infections explode since early February.
-
Amazon's Battle With Reliance for India Retail Supremacy Became a Legal Jungle: Here’s How
Amazon and India's Future Group have been locked in a complex legal stand-off that has stalled Future's $3.4-billion (roughly Rs. 24,700 crore) sale of assets to the US firm's rival Reliance Industries — with no end in sight.
-
Alibaba Acquires Majority Stake in Chinese Supermarket Chain Sun Art
The Alibaba Group said it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group, gaining further ground in China's retail market. Alibaba, which already owned 21 percent of Sun Art through a unit, will raise its stake to around 72 percent through the acquisition of a similar stake in A-RT Retail Holdings, who owns...
-
New FDI rules a setback for foreign, local retailers
New rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal-Mart Stores, increase costs and hurt cash-strapped local retailers eager to partner with foreign companies.
