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Saturday, June 17, 2017 Yesterday, e-commerce giant Amazon.com announced they are to acquire Texas based retail grocery store chain Whole Foods Market at US$42 per share. According to the deal worth US$13.7 billion (£10.7 billion) the retail grocery store chain is to keep the Whole Foods Market brand name and John Mackey is reportedly to remain its CEO. After the announcement, Amazon’s shares went up more than two percent and Whole Foods Market shares wentContinue reading

Thursday, May 7, 2009 Penske Automotive Group, Inc., an Ohio-based investment group and Telesto Ventures have indicated separately that they are interested in purchasing the Saturn auto brand from General Motors (GM). According to The Wall Street Journal, Nissan-Renault is interested in purchasing Saturn. Bloomberg, however, indicated that Nissan-Renault may be a partner of Penske’s potential bid. If Penske acquired the brand, they would distribute Saturn vehicles and outsource the assembly. GM revealed that theContinue reading

Thursday, July 13, 2006 Nine months after announcing the interoperability between their instant messaging (IM) services, Internet rivals Microsoft and Yahoo! began limited public beta (pre-release) testing of the program. This enables users of the two services to communicate with each other using their existing IM client, Microsoft’s Windows Live Messenger (formerly MSN Messenger) and Yahoo! Messenger with Voice. Users wishing to use the new feature can go to a special page on the service’sContinue reading

Friday, March 16, 2007 The European Space Agency‘s Mars Express spacecraft has discovered ice deposits in the south pole of Mars that are larger than the state of Texas. Scientists say that there is enough water in the deposits to cover the entire planet with up to 36 feet of water if the ice was to melt. Some sections of the ice deposits are up to 2.3 – 2.5 miles deep. The ice is composedContinue reading

Friday, January 25, 2008 B2B Trade Area of Taipei Game Show, criticized by trade buyers last year, but accompanied with 2008 Taiwan Digital Content Forum, moved to the second floor at Taipei World Trade Center for world-wide participants with a better exchange atmosphere this year. Not only local OBMs (Softstar Entertainment, Soft-World International Corp., International Games System Corp., …, etc.) but also companies from New Zealand, Canada, Japan, Hong Kong, and South Korea showcased differentContinue reading

April 27, 2005 Boeing has secured two large orders for new aircraft. Air Canada has ordered US$6 billion in new airliners, while Air India has signed a deal for a further US$7 billion. The Air Canada deal includes firm orders for 18 777s and 14 of the new mid-size, long-range 787 Dreamliner. Options are included for 18 more 777s and 46 more 787s. The Air India order is worth US$6.8 billion for 50 787s. AirContinue reading

Friday, October 14, 2016 Yesterday, English capital football club Chelsea FC announced a long-term deal with US sports company Nike. Currently, German company Adidas made the kits for The Blues, a deal worth £30 million annually. Chelsea’s contract with Adidas runs till 2023. Chelsea is obliged to pay about £40 million to the German firm. Chelsea’s termination of Adidas’s contract was announced in May. Per the contract with the US company, Chelsea would receive aContinue reading

Friday, July 16, 2010 File:T3 concourse day.jpg An Air India Boeing 777 from New York’s John F. Kennedy International Airport was the first international flight to land at Delhi’s new Terminal 3 at Indira Gandhi International Airport. However, this was only one of nine “terminal process proving flights” that landed or departed from the brand-new steel and glass T3 on either Wednesday or Thursday. Seven of the proving flights departed or arrived on Wednesday andContinue reading