Alibaba Group Holding Ltd said it will invest an extra $2bn in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.
Deere & Co., the world’s largest maker of agricultural equipment, is concerned that rising trade tensions between the U.S. and other countries could affect sales of its signature green-and-yellow machinery.
It began in December, with CVS’s proposed $69bn buyout of insurer Aetna. In January, three more corporate behemoths — Amazon, JPMorgan Chase and Berkshire Hathaway — said they were forming a joint venture aimed at reducing health care costs and improving outcomes for their combined 1 million or so employees.
General Mills Inc. suffered the worst plunge since mid-2015 after shipping costs and other expenses squeezed profit margins to their thinnest point in years.
People are our greatest asset. We've heard this – and similar sayings – for years. Now, however, leading firms are actually putting this into practice, and are reaping rewards for doing so. Going into 2018, people are still a critical link in the supply chain. -Donnie Williams, Asst. Professor of Logistics & Supply Chain Management, and Karl B. Manrodt, Professor of Logistics and Supply Chain Management, both at Georgia College & State University
The owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device that treats the ship’s exhaust before letting it out.
Five years ago, a team of researchers from the University of Texas at Austin boarded an $80m yacht with the intent of trying to fool the vessel's navigation system and stealthily push it off course.
The air in Pohang is thick with steel dust and anxiety. No place in South Korea has more to lose from President Trump’s tariffs on steel imports than this industrial city on the country’s southeast coast.