Deliveroo Plc has hired former Amazon Inc executive Devesh Mishra as their new chief product and technology officer, the food delivery company announced early this week. Mishra will be tasked with overseeing Deliveroo's data science, design, engineering, and product development efforts, which form an integral part of the company's...
As cities make a gradual recovery from the setbacks induced by the COVID-19 pandemic, chicken wing chain Wingstop Inc has decided to pursue a rapid expansion in heavily populated urban areas, with the emphasis of its plan being placed on central business districts.
The rapidly growing restaurant company is currently...
Apollo Global Management is currently in talks to join a consortium led by Fortress Investment Group, the private equity firm recently announced. The consortium is expected to shortly complete a 6.3 billion pound ($8.6 billion) takeover of British supermarket chain Morrisons. With regards to this transaction, Apollo has declared...
Online food delivery company Deliveroo reported that its orders surged by 88% during the June quarter, thereby exceeding all previous forecasts for its annual profit margins. Since making its London Stock Exchange debut in March, Deliveroo is expecting to reach an annual gross transaction value (value paid by customers...
Saudi Arabia revealed plans for the development of its new national airline targeting international travelers, thereby gearing up to compete head-to-head with existing Middle Eastern rivals Emirates and Qatar Airways. According to two sources familiar with the matter, the new airline is expected to provide all new international flight...
With Reliance Industries Ltd. set to finalize its strategic alliance with Saudi Aramco later this year, the Indian conglomerate decided to appoint Aramco chairman Yasir Al-Rumayyan to its board. Al-Rumayyan, who also serves as the governor of the kingdom’s sovereign wealth fund, will operate as the independent director of Reliance....
Pakistani health minister Faisal Sultan announced on Tuesday that the country has concluded an agreement with Pfizer to secure 13 million units of the pharmaceutical company's COVID-19 vaccines. While the vaccines are expected to arrive before the end of 2021, there is no exact timeline for the rollout of...
Low-cost Norwegian airline Norwegian Air has taken the decision to appoint Chief Financial Officer Geir Karlsen as the company's new Chief Executive Officer, the company announced on Monday. The board of directors voted Karlsen into his new position on June 20th.
The vote took place after existing CEO Jacob Schram...
With India in the middle of a health crisis due to a rampant number of COVID-19 cases and deaths across the country, the government is in the process of granting foreign vaccine makers such as Johnson & Johnson, Moderna, and Pfizer protection against legal liability when distributing shots in...