Business

Amazon buys USA supermarket chain Whole Foods for $13.4bn

Amazon buys USA supermarket chain Whole Foods for $13.4bn

Analysts viewed the deal with Whole Foods as a seismic event for the sector. With this strategy, Amazon is planning to make the prices competitive and attract "more low- and middle-income shoppers" to its retail stores, which may still be located in posh localities.



United Kingdom police warn use of fake explosive belts is 'new tactic'

Scotland Yard last night released photographs of the fake suicide belts Butt , Redouane and Zaghba wore during the attack . It's been a terrible week since the London Bridge attack , but Dick takes some pleasure in the way the city's buzzy street life has returned full force.



Trump faces knife-edge congressional vote — Georgia election

Handel , a former Georgia secretary of state, enlisted numerous state's top elected officials to keep Georgia's Sixth District in Republican hands. "The democrats could not have put more into this race". "My pledge is to be part of the solution, to focus on governing", she said. Handel insisted for months that voters' choice had little to do with Trump.


Oil price extends drop to 7 month lows, despite OPEC cuts

Oil price extends drop to 7 month lows, despite OPEC cuts

Front-month futures rose 0.2% in NY after closing Tuesday more than 20% below their February peak. The latest Japanese trade data recorded a decline in crude oil imports of 13.5% in the year to May and there was also a reported 4.2% decline in India's oil imports in the year to May.


Four straight wins put Kiwis in charge of America's Cup

Four straight wins put Kiwis in charge of America's Cup

While Team NZ have recorded four wins over the weekend, they entered the Cup match on -1 due to a new format quirk. The five day break is a boon, added Spithill, who noted that the team didn't have almost that much time in 2013 when they were staring down defeat while trailing New Zealand 1-8 in San Francisco .