Wal-Mart launches shelf-scanning robots in about 40 stores
CHICAGO (Reuters) – Wal-Mart Stores Inc will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves and save store employees time when products run out.
Baskin-Robbins sales drop weighs on Dunkin’ Brands’ third-quarter profit
(Reuters) – Dunkin’ Brands Group Inc , the owner of the Dunkin’ Donuts chain, reported a surprise fall in comparable sales at its Baskin-Robbins restaurants, weighing on the company’s overall profit in the third quarter.
Exclusive: Saudi Aramco IPO on track for 2018 – Saudi crown prince
RIYADH (Reuters) – Saudi Aramco’s initial public offering is on track for next year and the national oil giant could be valued at more than $2 trillion, Saudi Arabia’s Crown Prince Mohammad bin Salman told Reuters in an interview.
Japan’s automakers tuning up to rekindle youthful passion for cars
YOKOHAMA, Japan (Reuters) – By day, the Daikoku Parking Area hums with transport trucks en route to and from the Port of Yokohama. On weekend evenings, it transforms into a revved-up runway of tuned-up Japanese cars.
SAP overhauls sales practices as it faces U.S. probe on South Africa
LONDON (Reuters) – Global business planning software giant SAP is making sweeping changes to its sales practices in countries around the world, the German company said, as it revealed it is the subject of a U.S. corruption probe tied to its South Afri…
Seagate pledges not to buy stake in Toshiba chip unit for 10 years: Bain document
TOKYO/SAN FRANCISCO (Reuters) – Seagate Technology PLC , a member of the group taking over Toshiba Corp’s chip unit, pledged not to buy any stake in the unit for 10 years as part of the $18 billion deal, showed a document from group leader Bain Capita…
Euro heads higher as ECB heads for the exit
LONDON (Reuters) – The euro climbed for a third day and stocks slipped to a month low on Thursday, as traders waited for formal confirmation from the European Central Bank that will take its biggest step yet in unwinding years of loose monetary policy….
VW’s finance arm launches new platform to push used-car sales
BERLIN (Reuters) – Volkswagen’s finance division has launched an online platform to grab a share of used car sales in Germany, as it pursues a goal to almost double its portfolio of credit, leasing and insurance contracts to 30 million units by 2025.
Hydrogen fuel-cell car push ‘dumb’? Toyota makes a case for the Mirai
TOKYO (Reuters) – Having invested heavily in hydrogen, a technology derided by Tesla chief Elon Musk as “incredibly dumb”, Toyota Motor Corp is making a renewed push for fuel cell cars to fill a role in a future dominated by electric battery vehicles.
Saudi Exchange aspires to be exclusive venue for Aramco IPO: CEO
RIYADH (Reuters) – Saudi Arabia’s stock exchange aspires to be the exclusive venue for the listing of Saudi Aramco’s initial public offering and the market has sufficient liquidity to absorb the share sale, the exchange’s chief executive said on Thurs…
