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Amazon’s Long-Awaited Invasion Of The Pharmacy Business Has Begun.

Amazon today said it was buying mail-order drug-seller PillPack for an undisclosed sum, ending many months of speculation and anxiety in the health-care business that Amazon, Destroyer of Industries, was coming for drugstores next. Turns out it is! Shares of pharmacies and pharmacy benefit managers Rite Aid Corp., CVS Health Corp. and Express Scripts Holding […]

The Walkbout Homestay Experience Coming January 2019

India Hits Back at U.S. Tariffs with New Import Duties On a Slew of Items from Agricultural Produce to Chemicals and Steel Products.

India became the latest country to hit back at U.S. tariffs when it announced new import duties on a slew of items from agricultural produce to chemicals and steel products. China said that it is “fully prepared” to respond to fresh U.S. trade measures, with a spokesman saying Beijing is prepared to use a combination […]

The Walkbout Homestay Experience Coming January 2019

Big Retailers Betting On India’s Online Grocery Market

Flipkart, Amazon, Grofers, Walmart and dozens of other companies both local and global are fighting for pieces of India’s grocery delivery industry. Dominant players could make billions in this huge market, but transportation, storage and other logistical obstacles mean that not even the giants of commerce are guaranteed success. (Nikkei Asian Review)

The Walkbout Homestay Experience Coming January 2019

Merkel And Macron Sign Agreement To Strengthen The Euro Area

German Chancellor Angela Merkel and French President Emmanuel Macron came to an agreement on how to move forward with strengthening the euro area, citing a common regional budget, a more robust European Stability Mechanism, and a shared approach to immigration. The leaders want to make it easier to restructure sovereign debt, while also putting pressure […]

The Walkbout Homestay Experience Coming January 2019

Google To invest $550 million in Chinese e-commerce site JD.com

Google is investing $550 million in cash in China’s JD.com as the U.S. search giant pushes deeper into online commerce. The pair say they plan to explore joint development of retail solutions in regions, including Southeast Asia, the U.S. and Europe. The deal comes just a week after Google struck an alliance with Carrefour to […]

The Walkbout Homestay Experience Coming January 2019

Comcast Launches $65bn Takeover Bid For Twenty-First Century Fox

Comcast formally launched a $65bn takeover bid for some of the marquee assets of Twenty-First Century Fox overnight, gatecrashing a deal billionaire Rupert Murdoch had already agreed with Walt Disney and setting the stage for a bidding war. The long-awaited move by Comcast, which had said it was prepared to top a $52bn stock bid […]

The Walkbout Homestay Experience Coming January 2019

OPEC Members Iran And Venezuela Could Lose Almost 30 Percent Of Their Oil Output Due To U.S. Sanctions And Economic Upheaval

The International Energy Agency said that OPEC members Iran and Venezuela could lose almost 30 percent of their oil output next year due to U.S. sanctions and economic upheaval, in its first detailed forecast for 2019. The report this morning will increase pressure on a meeting of OPEC and its allies next week to permit […]

The Walkbout Homestay Experience Coming January 2019

Google Still Most Valuable Brand In The World, Alibaba And Tencent In Top 10 Also

Two of the world’s biggest brands are now Chinese, this according to a new list of the world’s most valuable brands recently put out. China claimed two of the top spots for the first time. Alibaba has joined the top 10, alongside Chinese tech group Tencent, as well as stalwarts such as Google and Apple. […]

The Walkbout Homestay Experience Coming January 2019