European shares gain on miners' boost, German DAX at fresh record highInvestors now await euro zone construction purchasing manager's index data for November, along with October retail sales to gauge the stren...
06 Dec, 2023, 02.11 PM IST
More shoppers help British online supermarket Ocado return to growth for items soldThe volume growth helped the 50/50 joint venture between Ocado Group and Marks & Spencer report a 7.2% rise in revenue to 570 million pound...
19 Sep, 2023, 04.06 PM IST
European shares slip as industrials drag; focus on c.banks meetingsInvestors remained cautious ahead of interest rate decisions by major central banks this week, including the U.S. Federal Reserve on Wednes...
19 Sep, 2023, 01.17 PM IST
AutoStore and Ocado reach deal to settle patent litigation claimsNorwegian robotics firm AutoStore will pay 200 million pounds ($257.1 million) to British online supermarket group Ocado as part of a deal ...
22 Jul, 2023, 07.23 PM IST
British online supermarket Ocado keeps guidance after return to first-half underlying profitThe group, whose shares surged last month after a report of possible takeover interest from Amazon, made earnings before interest, tax, dep...
18 Jul, 2023, 01.23 PM IST
British online supermarket chain Ocado launches first robotic warehouse in Asia with AeonThe warehouse, or customer fulfillment centre (CFC) as Ocado calls them, has begun taking orders from customers across the Kanto region for...
10 Jul, 2023, 01.19 PM IST
Shares of UK online supermarket Ocado soar on talk of Amazon bid interestShares in Ocado rose as much as 47% and were briefly on track for their biggest one-day jump on record. They were up 30% at 1236 GMT, parin...
22 Jun, 2023, 06.33 PM IST
European shares slide to near 3-month low on rate hike worriesThe BoE is set to raise interest rates for the thirteenth time in a row, a day after inflation data came in higher than expected again, but...
22 Jun, 2023, 02.19 PM IST
Shopify sells shipping service firm Deliverr, other assets amid narrowing ambitionsMost of Shopify's fulfillment assets will be acquired by logistics provider Flexport in an all-stock deal that also includes the sale of th...
04 May, 2023, 06.05 PM IST
European shares slip as China data rekindles economic worriesAsian shares and U.S. futures dipped after China's economic growth in 2022 slumped as the fourth quarter was hit hard by strict COVID-19 cu...
17 Jan, 2023, 03.36 PM IST
European shares extend rebound as chemical, commodity stocks gainMiners rebounded 1.6% after touching December 2021 lows in the previous session, while oil & gas stocks rose 1.2% as crude prices rose almo...
21 Jun, 2022, 01.55 PM IST
European shares gain on earnings boost; Hexagon buoyed by record profitThe pan-European STOXX 600 gained 0.6%, with chemical stocks and financials in the lead.
02 Feb, 2022, 02.15 PM IST
Miners lift European shares higher; focus on central bank meetingsThe pan-European STOXX 600 rose 0.5 per cent as of 0823 GMT, with miners, chemical companies and food & beverage stocks leading early gains.
14 Dec, 2021, 02.37 PM IST
Commodity stocks, strong retail sales boost UK's FTSE 100Oil stocks added 0.5% following wild swings on Thursday, as investors looked past possible release of reserves by the world's major economi...
19 Nov, 2021, 05.05 PM IST
Stocks loved in the pandemic now get the wrath of profit missesThe rocky performance also sharpens the distinction between stocks that can be called pandemic winners and everything else in the market.
08 Aug, 2021, 06.13 PM IST
Uber scrambles into groceries with new acquisition. Why?Uber’s pitch is that having drivers drop people at work or transport them on date nights gives it an opportunity to also deliver burritos, ...
12 Oct, 2019, 11.11 AM IST
European shares on the backfoot ahead of eventful week, Ocado shinesEUROPE-STOCKS/ (URGENT)European shares on the backfoot ahead of eventful week, Ocado shines
28 Jan, 2019, 02.55 PM IST