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Aug 2018
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- Jul 20, 2018
Volkswagen recorded the best six-month period in its history in the first half of 2018, the automaker has confirmed. Through the delivery of 5.5mn vehicles around the world, it exceeded its previous record and increased its roll-out by 7.1% compared to the same timeframe in 2017. In June alone, it delivered close to one million units. 2.4mn of the vehicles delivered in the six months...
Retail industry disruptor Ocado Group is aiming to expand operations into the clothing and homeware sectors as part of its growth strategy. The online grocer, which has seen its share price increase by over 250% in the last year alone, will utilise its state-of-the-art warehouse technology to broaden its service to different industries. According to The Guardian , it recently o...
With insight from a global business leader, we have taken a look at Berlin’s recent development and why it is attracting workers and entrepreneurs from around the world. In recent years, Berlin has proved itself as a city overcoming problems and climbing to new heights of influence, both at home and on the world stage, with a bright future ahead. The German capital has a st...
Tesco and Carrefour, two of Europe's biggest retailers, have revealed their intentions to enter a 'long-term strategic alliance'. In a brief statement released on Monday, the pair outlined plans to build a relationship that will benefit customers with a drive to lower prices on the shelves while also proving beneficial for both companies' suppliers. Governed by a...
British tobacco company Imperial Brands has made an investment in the medical cannabis space. The company will invest in UK biotechnology company, Oxford Cannabinoid Technologies (OCT) through its subsidiary, Imperial Brands Ventures. So far, the size of the stake has not been disclosed. OCT is licensed to research, develop and license cannabinoid-based compounds and therapies. Matthew Ph...
Business Chief takes a look at how this charming Bavarian capital is also promoting strong, diverse business as a European base for several multinational giants. Munich – the facts Munich, Bavaria's capital, was once best known for its raucous Oktoberfest celebrations, its neo-classic architecture and its glockenspiel, but there is much more to modern Munich than bee...
Amazon has committed to creating 2,500 new permanent jobs in the United Kingdom by the end of 2018. The e-commerce giant is to recruit into roles requiring a differing range of expertise and experience, from entry-level positions to software developers, engineers and technicians. 650 permanent jobs will be created in the company's development centres as well as hundreds...
Engie is to consolidate its position the wind and solar markets with the complete acquisition of Langa Group. The French energy giant, headquartered in La Défense, will use the merger to intensify its activity in renewable energy in the country, with the news coming soon after recent regroupings of Engie positions within Engie Green France. Langa Group, which wa...
Carrefour has laid out its commitment to move away from disposable packaging completely by 2025. The French retailer says its plan is to reach its target of '100% recyclable, reusable or compostable packaging' for the Group’s own brands within the next seven years, part of its food transition for all campaign and in support of the government's pact in the count...
Ocado Group has signed a major partnership with Kroger, a deal that it expects to 'transform' the retail technology sector. The UK-based online grocer, which has achieved remarkable growth since its foundation in 2002, has teamed up with one of the world's biggest retailers to provide it with its unique technology solutions. By utilising Ocado's Smart Platform, K...
BMW Group has reached the major milestone of 250,000 of its electric vehicles being on the road around the world. Announcing its sales figures for April following a record-breaking first quarter, the German automotive giant revealed that it had shipped nearly 10,000 EVs in that month alone, pushing it past the quarter of a million mark. Major growth was achieved in the United States,...
Business Chief takes a look at what the capital of Catalonia has to offer for business. Located on the coast of the Mediterranean, Barcelona is the capital of Catalonia and the second largest city in Spain after Madrid. According to the official website of the Barcelona Metropolitan Area (BMA), the metropolitan area of Barcelona is the economic core of the Catalonia region, accou...
Uber is expanding its service in Spain as it continues to boost business around the continent. The ride-hailing firm will launch UberX, its offering which uses professional drivers, in multiple cities along the country's popular Costa del Sol, including Malaga, Fuengirola and Marbella. With over 12mn tourists visiting the Costa del Sol every year, Uber is hoping to insert it...
By Mark Adams, Regional VP, UK&I at Veeam When it comes to the General Data Protection Regulation (GDPR), many of you may be feeling a bit like Scrooge, the miserable character from Charles Dickens’ Christmas Carol, during the festive period. You can’t get away from hearing about the regulation, with mentions of it appearing in every publication you rea...
Vonovia has filed a takeover offer worth €892mn for the Sweden-based property firm Victoria Park. Germany's biggest real estate company is taking its opportunity after US-based venture capitalists Starwood Capital had a less attractive bid for Victoria Park rejected last month. Vonovia - which runs a portfolio of around 394,000 residential homes mainly in urban areas in Germ...
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