Tag Archives: orders

Majid Al Futtaim has partnered with Yandex, a European IT company and the co-winner of Dubai World Challenge for Self-Driving Transport, to explore autonomous technology solutions to enhance Carrefour’s last mile delivery capabilities. The partnership will enable Carrefour to be the first omnichannel retailer to use self-driving robots for orders delivery in the region. Responding to the high demand for online orders, Carrefour customers in selected neighborhoods across the UAE could receive… Source link

McDonald’s (MCD) on Wednesday reported third quarter earnings results that topped Wall Street’s expectations, boosted by strong sales growth across the board as customers were enticed by a range of new menu items, even amid a resurgence of COVID-19 cases worldwide.  Here’s the Golden Arches reported, compared to Wall Street estimates , according to a Bloomberg consensus estimate: Revenue: $6.20 billion versus $6.03 billion expected Adj. earnings per share (EPS): $2.76 (excluding special items)… Source link

(Bloomberg) — Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet. Tesla Inc.’s shares soared, pushing the automaker’s value past $1 trillion for the first time. Most Read from Bloomberg The cars will be delivered over the next 14 months, and Tesla’s Model 3 sedans will be available to rent at Hertz locations in major U.S. markets and parts of Europe starting in… Source link

Details of alleged collusion between Google and Facebook to squash competition in the online ad space are set to be made public this week, a federal judge has ordered. The judge’s ruling, revealed in court documents on Friday, marks a defeat for Google, which had fought for extensive redactions in an antitrust complaint brought by Texas Attorney General Ken Paxton last year. Google had argued that parts of the complaint contained confidential business… Source link

State orders new car insurance ‘stimulus checks’ — are you due another refund? While Washington stopped entertaining the idea of a fourth stimulus check, advocates and at least one state are still pushing car insurance companies to hand you some COVID-19 cash. Some insurers paid discounts and rebates to policyholders when they reaped soaring profits as Americans stayed home more during the Great Driving Slowdown in 2020. Yet government officials, advocacy groups and a class-action… Source link

There are fears the government is secretly ordering Google to provide information on innocent users who typed in certain search terms. (Photo by Chris Jackson/Getty Images) Getty Images The U.S. government is secretly ordering Google to provide data on anyone typing in certain search terms, an accidentally-unsealed court document shows. There are fears such “keyword warrants” threaten to implicate innocent web users in serious crimes and are more common than… Source link

Federal Reserve Chairman Jerome Powell has directed staff to review the central bank system’s rules around stock trading as part of clean-up efforts related to the disclosure of several personal multi-million dollar transactions made by senior policymakers last year. “Chair Powell late last week directed Board staff to take a fresh and comprehensive look at the ethics rules around permissible financial holdings and activities by senior Fed officials,” a Fed spokesperson said. The Fed… Source link

Law360 (July 30, 2021, 5:46 PM EDT) — Delaware Chancery Court on Friday ordered a new trial and directed former Yahoo owner Altaba Inc. to set aside a $749 million patent infringement suit cash reserve previously ruled unnecessary, citing post-trial disclosures and actions that “undermined” court confidence that the cash would be available if needed. The decision followed a motion for a new trial filed by software venture Droplets Inc., which has been battling Altaba and Yahoo since… Source link

The interest appears to be building for Ford’s first-ever all-electric F-150 dubbed the Lightning. Ford (F) has amassed 120,000 orders for the Lightning, CEO Jim Farley told investors on an earnings call Wednesday evening. About 75% of the orders are from those people new to the Ford brand, Farley said.  In late May, Ford said it had 70,000 orders for the Lightning. “I would say what we’ve learned so far [from Lightning orders] is that the customers are largely new to Ford, but they aren’t new… Source link

(Bloomberg) — Tencent Holdings Ltd. was ordered to give up exclusive music streaming rights and pay half a million yuan in fines, becoming the latest Chinese internet giant to be brought to heel by regulators. An official investigation found Tencent’s 2016 acquisition of China Music Corp.’s stakes violated regulations partly because of a lack of reporting to authorities, according to a statement by the anti-trust watchdog on Saturday. The State Administration for Market Regulation… Source link