Ocado sued by Norwegian competitor

@peter_IFAMAG reads Twitter so you don’t have to.

Donald Trump tests positive for COVID; US markets react to ever greater uncertainty for the upcoming election. In the UK today; Ocado sued over robot warehouse tech, while Issa Brothers and TDR Capital buy a majority stake in ASDA, for £6.8bn.

US futures took a sharp dip this morning, following President Trump’s positive COVID test.

Oil markets also dive today.

In the UK Arash Massoudi points out that Rolls Royce’s market cap is down 80% from the start of 2020.

Ocado sued by Norwegian competitor over robot warehouse tech.


David Nguyen uses data to explain how Ocado has become the most valuable retailer in the UK, despite selling 2% of groceries.

Also in the UK supermarket space; the Issa Brothers and TDR Capital buy a majority share of ASDA.

And finally, The Economist asks; ‘what were the point of offices anyway?’

What are your thoughts on these tweets?

Tweet your responses to @peter_IFAMAG

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