SAN FRANCISCO: Microsoft is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon.com automated grocery shop, six people familiar with the matter told Reuters. The Redmond,…
Toys ‘R’ Us, the largest US toy store chain, which filed for bankruptcy late Monday, will ask a judge on Tuesday for permission to borrow money so that it can start paying suppliers to ensure it has Lego building blocks and Barbie dolls for…
NEW YORK: Retail US gasoline prices rose 2.8 percent from Friday to Saturday as refineries warned customers about fuel-supply shortages caused by Hurricane Harvey. They were at $2.59 a gallon, according to motorists advocacy group AAA.…
DUBAI: Dubai named fourth in the list of Top 10 Most Attractive Markets for 2016 and hosts 35 per cent of the world’s luxury retailers, a report said.
SHANGHAI: China plans to crack down on the sale of fake goods online by using cloud computing, big data and tighter rules on user identity in its latest moves to quash counterfeiting.
SINGAPORE: Oil prices sank further in Asia Friday, with analysts warning of little respite from the selling after plunging more than 40 percent since June.