E-commerce giant Amazon and automaker Ford both have stakes in a company that is becoming a financial headache. Amazon (AMZN) – Get Amazon.com, Inc. Report and Ford (F) – Get Ford Motor Company Report operate in two different sectors. The first is in online commerce, streaming, sport and, above all, cloud computing, an El Dorado that Microsoft (MSFT) – Get Microsoft Corporation Report and […]
Category: FInance
Deliveroo suspends pay cut for UAE delivery riders after rare worker strike
DUBAI (Reuters) – Deliveroo has suspended plans that would cut rider earnings in the United Arab Emirates after a rare strike by foreign delivery workers in the Gulf Arab state over working conditions disrupted services on Sunday. In an email to restaurants on Monday, seen by Reuters, Deliveroo said it was pausing what it called […]