INFBusiness

(Reuters) – Cable operator Altice USA Inc (ATUS.N) said on Wednesday it offered to buy Cogeco Inc (CGO.TO) in a C$10.3 billion ($7.88 billion) all-cash deal, aiming to snap up the U.S. assets of the Canadian cable company. The U.S.…

MOSCOW (Reuters) – Streaming giant Netflix and Russia’s National Media Group (NMG) have set up a partnership to run the U.S. group’s Russian service, they said on Wednesday. Netflix’s international version has been available in Russia since 20

BERLIN (Reuters) – Germany’s antitrust watchdog is following closely a legal row over Apple’s App Store payment terms, saying on Wednesday it could in principle open a national inquiry. Apple dropped Epic Games after a dispute in which the ‘Fortnite’…

FRANKFURT (Reuters) – Elon Musk appears to be opening a new front in the European battle for electric car supremacy: the power behind the wheel. Musk’s Tesla (TSLA.O) has recently acquired a licence that will enable the carmaker to trade…

BENGALURU (Reuters) – India’s Flipkart launched an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, as the Walmart-owned firm seeks to better compete with Amazon and other players in a battleground market for e-commerce. “Flipkart Wholesale”,…

MOSCOW (Reuters) – Belarusian authorities on Wednesday raided the Minsk office of software company PandaDoc and detained its head in a move the company’s chief executive said was politically motivated. “The department of financial investigations raided our Minsk office,” PandaDoc…

NEW DELHI/MUMBAI (Reuters) – Amazon.com Inc (AMZN.O) has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty programme in a battleground growth market.…

(Reuters) – Dating app Bumble is preparing for an initial public offering (IPO), and could seek a valuation of $6 billion to $8 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. Bumble’s IPO could come early…

(Reuters) – Wall Street analysts raised price targets for Zoom Video Communications (ZM.O) on Tuesday as its shares hit a record high, while warning that a return to office work could hamper its success in luring small corporate customers. Zoom…

(Reuters) – Amazon.com Inc (AMZN.O) owned Whole Foods Market opened its first delivery-only store in Brooklyn, New York on Tuesday, as the e-commerce giant looks to take greater advantage of a coronavirus-induced surge in online grocery shopping. Amazon said it…