British Steel: Three options for government

British Steel – the Scunthorpe steelworks with a brand name revived by using private traders Greybull – says it desires £75m of government help to avoid collapse. Business Secretary Greg Clark faces three choices in weighing up whether to intervene: hand over £75m of taxpayer’s money to a personal enterprise with a chequered song document […]

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Labour unveils National Grid takeover plan

The Labour Party is unveiling plans to take the National Grid into public ownership. It wishes to create a National Energy Agency to personal and preserve transmission infrastructure. Labour stated its nationalisation pledge would “usher in a Green Industrial Revolution” and tackle local weather change. But National Grid – the greatest transmitter of electrical energy […]

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Walmart’s Chief Technology Officer Jeremy King is leaving the company

Walmart’s chief technology officer, Jeremy King, is leaving the company, according to a memo obtainedthrough CNBC. King’s position has been to revamp the company’s science presence as it appears to compete with e-commerce rivals, particularly Amazon. Of late, Walmart is billing itself as a technology company, and no longer just a retailer, but it has struggled to rebrand itself as greater customers are flocking to the web and cell to purchasegoods ranging from garb to medicines. “People all have their very own perceptions of Walmart,” King told CNBC, beforehand of a latest panel at the […]

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Wayfair is opening up its first store ever, the latest internet retailer to grow offline

Internet fixtures retailer Wayfair is the contemporarybusiness enterpriseto go from clicks to bricks. Wayfair on Tuesday introduced it will be opening its first full-service keep at the Natick Mall in Natick, Massachusetts, which is managed by Brookfield Properties, in early fall of this year. That’s after it tested a few pop-up shops, along with one at Westfield Garden State Plaza in Paramus, New Jersey, in the course of this pastexcursion season. Now, […]

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