market updates

23 Aug 2017

Google Partners With Walmart

Walmart Stores Inc and Alphabet Inc partner to enter the emerging voice-shopping market, which is currently dominated by Amazon Inc. Customers will now benefit from Walmart’s “Easy Recorder” feature through the integration of Google’s shopping service, Google Express as Google will o [...]

22 Aug 2017

McDonald’s Workers To Go On Strike

Workers at two McDonald’s restaurants in the U.K. are planning to go on strike on the U.S. Labor Day holiday, in a bid to coordinate action with allies around the world. According to the Bakers, Food and Allied Workers Union (BFAWU), the staffs of the fast food giant have chosen this dat [...]

21 Aug 2017

German Car Industry At Risk

The emission scandal trapping German carmakers is a risk to Europe’s largest economy, according to the Finance Ministry. The Ministry communicated the issue almost two years ago after Volkswagen admitted to “cheating U.S. diesel emissions tests” and even stated it was impossible to [...]

18 Aug 2017

Alibaba Beats Expectations

Alibaba, China’s top e-commerce firm, beats analysts’ expectations of a 56 percent rise in its first-quarter earnings. The company’s stock surged by over 81 percent, lifted by steady increases in revenue and growth in online sales. Alibaba’s revenue rose to $7.51 billion for the fisc [...]

17 Aug 2017

Amazon Will Generate Thousands Of Jobs

Amazon has unveiled plans for its new warehouse near Bristol that is set to create over 1,000 jobs in an attempt to meet growing customer demand. The Bristol warehouse will be based at Severn Beach and it will expand the U.K. workforce, which will total 24,000 by the end of this year. The on [...]