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Former teacher & mother of 4 becomes Russia’s 2nd female billionaire

3 hours ago DieselGasoil Comments Off on Former teacher & mother of 4 becomes Russia’s 2nd female billionaire
The owner of Russia’s biggest web retailer, Tatyana Bakalchuk, has entered the list of Russian billionaires. She managed to build her company, Wildberries, from scratch into a US$1.2 billion firm. This year, Wildberries – the leader of Russian online retailing, where you can find hundreds of thousands of items from clothing to electronics – has Read More

Sainsbury's-Asda deal in jeopardy as UK regulator condemns plan

1 day ago DieselGasoil Comments Off on Sainsbury's-Asda deal in jeopardy as UK regulator condemns plan
LONDON (Reuters) – Britain’s competition regulator has dealt a potentially fatal blow to Sainsbury’s planned $9.5 billion takeover of Walmart’s Asda, saying it was unlikely the companies would be able to address its “extensive” concerns about the deal. FILE PHOTO: A man walks past branches of ASDA and Sainsbury’s in Stockport, Britain April 30, 2018. Read More

Do AirPods make you look rich? These millennials think so

1 day ago DieselGasoil Comments Off on Do AirPods make you look rich? These millennials think so
Fueled by internet memes, the explosion of expensive-yet-attainable AirPod headphones as the luxury item of the moment for millennials shows no signs of stopping. (iStock) Will Kellogg regards his headphones with a degree of shame. In New York City, where people proudly brandish their bright-white wireless AirPods, he listens to music through a “do they Read More

Amazon sets 'shipment zero' goal for lower emissions

1 day ago DieselGasoil Comments Off on Amazon sets 'shipment zero' goal for lower emissions
The bigger the scale a company works at, the more of an impact even the smallest change can have. You don’t get much bigger than Amazon, and a new initiative could have a huge impact on the carbon emissions produced from delivering all those products we order. Posting on the Amazon blog, Dave Clark, senior Read More

Sainsbury's-Asda deal in doubt as UK regulator raises big objections

1 day ago DieselGasoil Comments Off on Sainsbury's-Asda deal in doubt as UK regulator raises big objections
LONDON (Reuters) – Britain’s competition regulator has dealt a potentially fatal blow to Sainsbury’s planned $9.5 billion takeover of Walmart’s Asda, saying it was unlikely the companies would be able to address its “extensive” concerns about the deal. FILE PHOTO: A man walks past branches of ASDA and Sainsbury’s in Stockport, Britain April 30, 2018. Read More

UK regulator raises big objections to Sainsbury's-Asda deal

1 day ago DieselGasoil Comments Off on UK regulator raises big objections to Sainsbury's-Asda deal
LONDON (Reuters) – Britain’s competition regulator said on Wednesday Sainsbury’s planned $9.5 billion takeover of Walmart-owned Asda should either be blocked or require the sale of a significant number of stores, or even one of the brands. FILE PHOTO: A man walks past branches of ASDA and Sainsbury’s in Stockport, Britain April 30, 2018. REUTERS/Phil Read More

Peru launches crackdown on illegal gold mining in Amazon

2 days ago DieselGasoil Comments Off on Peru launches crackdown on illegal gold mining in Amazon
LIMA (Reuters) – Peru on Tuesday launched a drive to eliminate illegal gold mining in one of the Amazon’s most biodiverse corners, sending 1,500 police and military officers to a region that has suffered rising deforestation from wildcat mining. FILE PHOTO: An area deforested by illegal gold mining is seen in a zone known as Read More

Walmart holiday-quarter sales jump, says consumers still spending

2 days ago DieselGasoil Comments Off on Walmart holiday-quarter sales jump, says consumers still spending
(Reuters) – Walmart Inc posted its strongest holiday quarter in at least a decade on Tuesday, boosted by higher grocery and e-commerce sales, and said it saw no signs of weakness in U.S. consumer spending despite recent signs of a slowdown. Online sales jumped 43 percent in the quarter helped in particular by the expansion Read More

Peru launches 'sustained' crack-down on illegal mining in Amazon

2 days ago DieselGasoil Comments Off on Peru launches 'sustained' crack-down on illegal mining in Amazon
LIMA (Reuters) – Peru on Tuesday launched a new, “sustained” effort to uproot illegal gold mining in one of the Amazon’s most biodiverse corners, sending 1,500 police and military officers to the region after deforestation from wildcat mining hit a new high last year. The government of President Martin Vizcarra said it was suspending civil Read More