Avon is on the brink of selling off its North American business, according to reports.
The finance arm of Chinese e-commerce phenomenon Alibaba has announced a partnership with compatriot smartphone manufacturer Xiaomi to develop mobile payment systems integrated with wearable technology.
In its search for a spot among the online giants, Chinese e-commerce firm Alibaba is making a play for the music streaming market by inking a music distribution deal with Germany’s BMG.
A company registered in Jersey and controlled by the family of Sir Philip Green has benefitted to the tune of £70 million from the sale of 12 retail properties to the new owners of BHS, The Guardian reports.
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