Amazon Inc will shut its food-delivery business in India from Dec. 29, the Economic Times reported on Friday, citing a communication by the company to its restaurant partners.
The German government plans to impose a levy to skim off electricity companies' windfall profits from Dec. 1, 2022, scrapping a previous plan to apply the tax retroactively from September this year, government sources told Reuters.
U.S. shoppers spent nearly 3% more online on Thanksgiving Day this year, a report showed, as consumers kicked off the year's biggest shopping event on a strong note and eased worries of a lackluster holiday season.
The heads of Germany's largest companies plan to ask Chancellor Olaf Scholz for more support to get through an energy crisis at a meeting next Friday, industry representatives told Reuters.
Toyota Motor Corp on Friday launched its second hybrid car in India, a seven-seat people-carrier, as part of a broader strategy to double-down on the sale of electrified vehicles in emerging markets.
BP Plc will market Guyana's share of crude oil produced over the next year from two offshore production platforms, the South American country's Ministry of Natural Resources said.
U.S. asset manager Neuberger Berman's Chinese unit said on Friday it has been granted a license by the Chinese securities regulator to conduct mutual fund business.
Joules Group's finance chief Caroline York has left the struggling British clothing retailer after just over a year in the role and a week after it went into administration.
