Business / #ForbesBusiness

Boeing Loses Its First 737 Max Order... And It Is From This Middle Eastern

U.K. Competition Watchdog Probes Amazon’s $575 Million Bet on Deliveroo

Amazon Plans To Hire 2,000 Extra U.K. Staff And Bring Total U.K. Workforce To

Investcorp's Co-CEO Rishi Kapoor Is Courting Growth By Looking East

Tesla Makes Good On Elon Musk’s Goal Of Record Quarterly Deliveries, Led By

DP World Acquires Dubai-based Marine Logistics’ Provider For $1 Billion

The Real Cloud Wars: The $6 Billion Battle Over The Future Of Weather

Big Bucks For 3-D Printing: 3-D Printing Unicorn Carbon Raises Another $260

Business Now

1 week ago

Boeing Loses Its First 737 Max Order... And It Is From This Middle Eastern Airline

The deal, which had the provision of ordering 20 more jets, was worth $5.9 billion at list prices.
By Mary Sophia 3 min read
1 week ago

U.K. Competition Watchdog Probes Amazon’s $575 Million Bet on Deliveroo

The probe from the CMA is somewhat unusual given Amazon is only a minority shareholder in Deliveroo. 
By Sam Shead 9 min read
1 week ago

Amazon Plans To Hire 2,000 Extra U.K. Staff And Bring Total U.K. Workforce To 29,500

Of the 2,000 new recruits, just 170 will be tasked with building new technologies for Amazon though. 
By Sam Shead 6 min read
1 week ago

Investcorp's Co-CEO Rishi Kapoor Is Courting Growth By Looking East

Bahrain-based Investcorp’s Co-CEO Rishi Kapoor is steering the firm down an ambitious road that hits India and China for the first time, while aiming to triple its assets to $50 billion.
By Mary Sophia 21 min read
1 week ago

Tesla Makes Good On Elon Musk’s Goal Of Record Quarterly Deliveries, Led By Model 3

The company said it got 95,200 of its electric vehicles to customers during the period that ended June 30, including 72,531 units of its lower-priced Model 3 sedan.
By Alan Ohnsman 5 min read
2 weeks ago

DP World Acquires Dubai-based Marine Logistics’ Provider For $1 Billion

Headquartered in Dubai, Topaz reported consolidated revenues of $349 million and EBITDA of $190 million in 2018, with a contract backlog of $1.6 billion as of 31 March 2019.
By Nermeen Abbas 3 min read
2 weeks ago

The Real Cloud Wars: The $6 Billion Battle Over The Future Of Weather Forecasting

Conservative estimates of AccuWeather’s annual revenues exceed $100 million. The business could be worth as much as $900 million. Joel Myers owns more than half of it.
By Susan Adams 35 min read
2 weeks ago

Big Bucks For 3-D Printing: 3-D Printing Unicorn Carbon Raises Another $260 Million At Valuation Of $2.4 Billion

Carbon’s Series E makes the company the highest-valued, venture-backed 3-D printing company at a time when the technology for industrial uses is booming.
By Amy Feldman 11 min read