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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.

https://twitter.com/telebusiness/status/1311953953580552193

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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