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BUSINESS

CEO of retailer Zalando resigns to prioritise wife’s career

Digital Desk -
The chief executive of online fashion retailer Zalando is stepping down to focus on his family, saying his wife’s career should “take priority” in...
BUSINESS

UAE relaxes rules on foreign ownership of companies amid pandemic fallout

Digital Desk -
The United Arab Emirates has relaxed and removed a range of limits on foreign ownership of companies, state-run media reported, in the country’s latest...
BUSINESS

EU files charges against Amazon over use of data

Digital Desk -
European Union regulators have filed charges against Amazon, accusing the e-commerce giant of using data to gain an unfair advantage over merchants using its...
BUSINESS

China’s Ant Group could raise nearly £26.5bn in record share offering

Digital Desk -
China’s Ant Group will try to raise nearly £26.5 million in its initial public offering in Shanghai and Hong Kong, which would make it...
BUSINESS

Flybe could return to skies next year after rescue deal

Digital Desk -
Flybe planes might start taking off again early next year after administrators said they had agreed a rescue deal for the collapsed airline. Thyme Opco...
BUSINESS

Nearly 20,000 US Amazon workers have tested positive for coronavirus

Digital Desk -
Amazon says nearly 20,000 of its frontline US staff have tested positive or been presumed positive for the virus that causes Covid-19. But the online...
BUSINESS

TikTok fate in the balance as US judge weighs up app store ban

Digital Desk -
Lawyers for TikTok have pleaded with a US federal judge to delay the Trump administration’s ban of the popular video sharing program from app...
TECHNOLOGY

Tesla CEO Elon Musk unveils breakthrough in battery technology

Digital Desk -
Tesla is working on new battery technology that chief executive Elon Musk says will enable the company within the next three years to make...
BUSINESS

Daimler to pay £1.17bn to settle emissions cheating probes in US

Digital Desk -
Car maker Daimler and subsidiary Mercedes-Benz USA have agreed to pay 1.5 billion dollars (£1.17 billion) to the US government and California state regulators...
ECONOMY

Bank of England to hold rates as UK economy rebounds

Digital Desk -
The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...
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