business
The Sainsbury/Asda Takeover is Off

The mega-merger between supermarket giants Sainsbury and Asda has been killed off by the UK's competition watchdog, which says creating such a grocery monster would undermine competition when it comes to us lot deciding where to buy our cheese and chocolate chip cookies from. Read More >>

uber
Uber May Sign £2.4 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Today

In a move that goes against its recent trend of pulling out of foreign markets, ride-sharing giant Uber is preparing to purchase Dubai-based competitor Careem in a $3.1 billion (~£2.4 billion) deal, according to reports in Bloomberg and the Financial Times this weekend. Read More >>

business
Pepsi Plans to Buy SodaStream in £2.5 Billion Deal

PepsiCo will buy the Israel-based DIY soda company SodaStream in a deal worth $3.2 billion (£2.5 billion). The move is widely seen as an effort by Pepsi to prop up its catalogue of “healthy” food and drink options as it continues to wage battle against longtime rival Coca-Cola. Both PepsiCo and Coca-Cola have invested heavily in both healthier and eco-friendly alternatives over the past decade. Read More >>