Zalando’s revenue was worth €3.6 billion in 2016

Zalando saw its revenue increase by about 23 percent to 3.6 billion euros last year. And for the first time, the German online fashion platform broke the billion-euro revenue barrier in a single quarter. The company has plans to open a satellite warehouse in Sweden later this year, which will Continue reading

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Hyundai Motor to boost U.S. investment as automakers respond to Trump

SEOUL (Reuters) - The Hyundai Motor Group said it plans to lift U.S. investment by 50 percent to $3.1 billion over five years and may build a new U.S. plant - the latest auto firm to announce fresh spending after President-elect Donald Trump threatened...

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BAT agrees terms to buy Reynolds for $49.4 billion

LONDON (Reuters) - British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world's biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion.

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Samsung chief faces long day as South Korean court weighs arrest warrant

SEOUL (Reuters) - The head of South Korea's giant Samsung Group faces a long day in court on Wednesday as a judge decides whether he should be arrested for bribery in a corruption scandal that has engulfed President Park Geun-hye's administration.

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