Japan’s Fast Retailing enlists robotics startups to automate warehouses

Japanese fashion group Fast Retailing Co Ltd (9983.T), owner of clothing chain Uniqlo, on Wednesday said it has partnered two robotics startups to help improve efficiency in warehousing and distribution. Asia’s biggest fashion retailer by sales, and the world’s second-biggest after Zara owner Inditex (ITX.MC), last year said it would invest 100 billion yen ($916.59…

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L’Oreal, Nestle score big at Alibaba’s Singles’ Day shopping fest

Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world’s largest shopping festival, with brands such as L’Oreal (OREP.PA) and Nestle NESN.N among the biggest winners, Alibaba (BABA.N) data showed. The Chinese e-commerce giant’s annual Singles’ Day shopping blitz on Monday brought in a record 268.4 billion yuan (30 billion…

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Google signs healthcare data and cloud computing deal with Ascension

Alphabet Inc’s (GOOGL.O) Google signed its biggest cloud computing customer in healthcare yet, according to an announcement on Monday, gaining with the deal datasets that could help it tune potentially lucrative artificial intelligence tools. The Wall Street Journal earlier reported Google teaming up with Ascension to collect personal health-related information of millions of Americans across…

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Toyota: Realising mobility for all

Toyota, the Japanese automotive giant, is in the midst of a transformation that looks to reshape itself into an establishment that focuses on mobility-centric innovations for everyone. With Toyota being the main sponsor for the 2020 Tokyo Olympic and Paralympic Games, the company is driven by the philosophy of providing “Mobility for All”, showcasing a…

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WhatsApp adds shopping catalog feature, courting e-commerce

Facebook Inc (FB.O) on Thursday launched a catalog feature for its WhatsApp messaging app, it said in a blog post, building out the service’s e-commerce tools as it moves slowly toward monetizing the app it bought in 2014 for $19 billion. Facebook has been trying to boost revenue from higher-growth units like Instagram and Whatsapp,…

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Facebook’s Libra could come under some existing rules: watchdog

Existing securities rules could apply to “stablecoin” digital currency initiatives such as Facebook’s Libra project to help realize its benefits, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed. The watchdog, made up of securities regulators from across the world, including the United States, Europe and Japan, said an…

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Motorbike-hailing firm Gojek, others to start test runs in Malaysia

Malaysia will allow motorcycle-hailing firms such as Indonesia’s Gojek and local start-up Dego Ride to start operations on a limited scale from January 2020, Malaysia’s transport minister said on Tuesday. Gojek – whose backers include Alphabet’s Google and Chinese tech companies Tencent and JD.com – and Dego Ride will start operating based on a proof-of-concept…

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Electric Audi SUV tops Norway’s October car sales

German auto maker Audi’s fully-electric e-tron sports utility vehicle was the top-selling car in Norway last month with an 8.3% market share, registration data showed on Friday. Audi delivered 873 electric SUVs in October, ahead of Volkswagen Golf (VOWG_p.DE) in second place with 748 cars, according to the Norwegian Road Federation. In total, 35.7% of…

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