Amazon Lifts Investment Plans After Strong Cloud Sales
Amazon delivered its strongest cloud growth in more than four years and raised its annual capital spending forecast.
Corporate
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New chapter for Argos as Sainsbury’s agrees £120m sale
Sainsbury’s has agreed the sale of Argos to newly-formed company Swift Partners in a £120 million deal – significantly lower than the £1.4 billion it paid to acquire the business…
Halfords to join FTSE 250 after strategic and financial progress
Halfords is officially set to join the FTSE 250 Index next month, following improved trading, higher margins and stronger shareholder returns. FTSE Russell confirmed that Halfords…
Endeavour Group to offload Australian wine assets
Endeavour Group is selling off most of its winery assets, including Chapel Hill Estate in Australia's McLaren Vale, as part of a restructuring that will see the company focus on…
Livekindly to buy plant-based business Dalco from Hilton Food Group
Livekindly Collective has agreed to acquire Dalco Food, the Dutch vegan and vegetarian unit of UK meat giant Hilton Food Group. The post Livekindly to buy plant-based business…
Adidas raises revenue growth outlook amid World Cup success
The company has attributed the rise to growth across its global business, with the results contributing to a 14% increase in first-half revenues
Depop: from tech incubator to $1.2bn pre-loved platform
On 30 July 2026, eBay completed its acquisition of Depop, a London-based consumer-to-consumer (C2C) fashion marketplace with a “highly engaged” Gen Z and Millennial customer base…
Puig sells more makeup and perfume, yet feels the effects of the war in Iran
Puig is seeing its revenue rise, even as profits fall. Beauty brands are benefiting from the “lipstick effect,” in which consumers treat themselves to affordable purchases like…
Pinterest opens London office amid retail tech expansion
The move comes as Europe remains one of the firm's fastest-growing regions
EXCLUSIVE: National Lottery new Powerball game landing shops £400+ in annual profit
Launched on 21 July, the £4 game offers customers the chance to win unrivaled jackpots across three draws per week
Prada targets wealthiest customers while shrinking its store network
The Prada Group is focusing more on "big spenders"—as the wealthy continue to get richer—as well as on creative innovation at Versace and Miu Miu. Indeed, while revenue is posting…
Canadian group Couche-Tard to acquire Polish convenience retailer Żabka
Shortly after talks between 7-Eleven owner Seven & i and the Polish convenience store chain Żabka fell through, Alimentation Couche-Tard announced that it is on the verge of…