Dave Lewis, CEO of Tesco, is to step down from his “all consuming” role, handing the management of the UK’s largest food retailer to Ken Murphy, ex-CEO of Walgreens Boots Alliance, the US pharmacy group that runs the Boots chain in the UK. 54-year-old Mr Lewis said he needed to “recharge the batteries” five years…
Huawei has bought a stake in the company that commercialises research at Oxford University , giving the Chinese telecoms group access to soe of the early stage technology developed by British academics. Oxford Sciences Innovation, whose mission is to bring Oxford’s best ideas to the world, is the largest fund dedicated to academic spin-offs in…
Veteran Actor, Viju Khote, notorious for playing Kalia in Sholay, 1975, Indian action adventure film from Bollywood which amassed over £16m, passed away on Monday at the age of 77. The actor who features in over 300 Hindi and Marathi films has been working in films since 1964. He also starred in Indian television show…
Forever 21 file for Chapter 11 bankruptcy protection in the US. The company said it plans to “exit most international locations in Asia and Europe but would continue to operate in Mexico and Latin America. The company plans to overhaul it global business, closing between 300 and 350 stores including 178 store in the United…
When Thomas Cook folded suddenly leaving customers and staff stranded all over the world. Certain airlines wanted to charge Thomas Cook staff £10, 000 each to return home. But Virgin Atlantic flew Thomas Cook crew home free of charge in upper class. Employers would not go this far to help staff let alone staff…
OYO to invest $1bn investment in Saudi Arabia creating jobs for over 5000 Saudi citizens by 2020. OYO has obtained its foreign investment licence from Saudi Arabian General Investment Authority (SAFIA) according to Ibrahin bin Abdul Rahman Al-Omar, SAGIA Governor. and Manu Midha will head OYO’s operations in the region. The company has partnered with…
Juniper Networks a leader in AI driven networks announced first phase of Telefonica UK’s successful services migration to the Telefonica UK Fusion Network, a brand new infrastructure for which Juniper Networks is the strategic IP network provider. both designed the Fusion Network to transform the customer experience for mobile, residential and business services globally. This…
Boris Johnson will launch his bid to secure Brexit later this week with allies admitting they could know “by weekend” whether the EU is willing to engage with a detailed proposals to resolve the Irish border issue or if Britain is heading for a no-deal departure. Boris Johnson ,is hoping Leo Varadkar, Irish Prime Minister,…
