(Bloomberg) -- Delivery Hero SE confirmed that it’s in talks to sell part of its business in Southeast Asia, where growth has stagnated since Covid-19 lockdowns eased. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingTrudeau’s Murder Claim Risks Upending US Courtship of IndiaFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseDollar Rally Is Crushing One of the Most Popular Trades of 2023The company is in negotiations to sell the Foodpanda
2 hours agoGrain spat drags Ukraine's ties with ally Poland to lowest point since start of Russian invasion
WARSAW, Poland — A dispute about whether Ukrainian grain should be allowed to enter the domestic markets of Poland and other European Union countries has pushed the tight relationship between Kyiv and Warsaw to its lowest point since Russia invaded Ukraine last year. Polish leaders have compared Ukraine to a drowning person hurting his helper and threatened to expand a ban on food products from the war-torn country.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taylor Swift and Sophie Turner Dine Together In New York CityThe 'Anti-Hero' singer and the 'Game of Thrones' star now share an ex.
Read more »
Amazon plans to hire 250,000 US workers for holiday seasonAmazon said it plans to add 250,000 U.S. workers for the holiday shopping season, 67% more than the number of people it hired for the past two years, as it scrambles to expand next-day delivery for shoppers. Its boost in hiring comes after it added 50 new fulfillment centers, delivery stations and same-day delivery in the United States, and as it prepares for its expanded fall Prime Event, scheduled for Oct. 10-11. Macy's said it would hire more than 38,000 full and part-time workers for the upcoming holiday season, a decline from the previous year.
Read more »
NYC Denied Motion to Dismiss Suit Over Cap on Food Delivery FeesNew York City was ordered to face a lawsuit by DoorDash Inc., Grubhub Inc. and Uber Technologies Inc.’s Uber Eats over a pandemic-era cap on how much the meal-delivery services can collect from local restaurants, moving the case closer to a possible trial.
Read more »
Instacart IPO: Why the odds may be against the grocery delivery chain in its public debutGrocery inflation and margin expansion are two top concerns for Instacart.
Read more »
Analysis-More SE Asia firms consider U.S. IPOs, filling void left by China peersSeveral Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings. Senior executives in leading SME digital financing platform Funding Societies, Singapore-based entertainment firm Gushcloud International and Thai insurance technology firm Sunday told Reuters they were looking into New York as one of their initial public offering (IPO) venues. This comes on top of recently announced plans by Vietnamese internet company VNG Corp and Philippine real estate company DoubleDragon Corp's Hotel101 Global to list in the U.S., filling a void left by Chinese companies which hit the pause button on U.S. IPOs after political tensions with Washington intensified, Beijing tightened scrutiny of domestic firms seeking overseas listings and China's own economy slowed.
Read more »
Analysis-More SE Asia firms consider U.S. IPOs, filling void left by China peersBy Yantoultra Ngui and Scott Murdoch SINGAPORE/SYDNEY (Reuters) - Several Southeast Asian companies are considering listing in the United States, ...
Read more »