Amazon has agreed to buy a 2 per cent share in Just Eat Takeaway.com's failing US meal delivery service Grubhub and will provide Prime members with access to the service for a year.   Just Eat Takeaway's shares have dropped 70% this year as shareholders requested that it sell or find a...

Voyager Digital declared bankruptcy on Wednesday, a week after the crypto lender froze withdrawals, trading, and deposits on its platform to investigate strategic alternatives.   Voyager, based in New Jersey, stated in its Chapter 11 bankruptcy filing on Tuesday that it had more than 100,000...

Customers at Sainsbury's are shifting to own-brand items and scaling back on non-essential expenditure as prices grow faster, according to the supermarket's CEO.   Simon Roberts went on to say that the strain on household budgets is only going to become worse during the rest of the year....

In the first part of its effort to extend access to its medicines globally, French manufacturer Sanofi will make 30 of its therapies, including insulin, available on a not-for-profit basis in 40 low-income nations.   The treatments will be delivered under the new Impact brand, which is part...

Tesla Inc delivered 17.9 per cent fewer electric vehicles in the second quarter compared to the previous quarter, due to a COVID 19-related closure in China that impacted its manufacturing and supply chain.   The world's largest electric vehicle manufacturer said on Saturday that it...

General Motors Co outpaced Toyota Motor Corp in sale of cars for the second quarter in the United States, according to data released on Friday, despite ongoing semiconductor constraints and supply chain shocks that have limited the capability of auto manufacturers to meet...

After failing to get regulatory permits, China's Great Wall Motor has cancelled plans to invest $1 billion in India and laid off all staff at its facilities there, according to three persons with firsthand knowledge of the case.   The Chinese automaker has planned to enter the Indian market...

According to a regulatory filing, Exxon Mobil Corp indicated on Friday that soaring margins from fuel and oil sales could deliver a record quarterly profit.   This year, oil has sold for more than $105 per barrel, with gasoline selling for around $5 per gallon in the United States. The...

General Motors (GM) announced on Friday that it had cancelled the sale of a defunct Indian facility to China's Great Wall Motor due to a lack of regulatory permissions, amid a stricter attitude by New Delhi toward Chinese investments.   In January 2020, GM agreed to sell the facility to...

According to a court filing, Alphabet Inc's Google has agreed to pay $90 million to settle a legal dispute with app developers over the money they made producing programmes for Android smartphones and luring users to make in-app purchases.   In a lawsuit filed in federal court in San...

The Swiss National Bank paid 5.74 billion Swiss francs ($6.01 billion) on foreign currencies in the first quarter of 2022, the bank said on Thursday, reducing its operations to limit the safe-haven franc's strength compared to the previous quarter.   The sum was lower than the 12.63 billion...