Italy seizes $51m from Rhenus, investigates FedEx, Amazon, GLS & DHL in labour supply probe
Reuters reports that Italian tax police have seized €43.5m ($51m) from the local unit of ...
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PLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGSBA: NEW HIGH AMZN: STRENGTHENING AI TIESBA: FLYING HIGHUPS: NEVER CHEAP ENOUGHAAPL: 'DEPTH'AAPL: KEY EXEC CHANGEAMZN: HAPPY DAYS FOR THE GROOM
Alibaba has big ideas. Founder Jack Ma wants to start a global e-commerce platform – together with other companies, including rival Amazon. He hopes a common platform, which would be supported by governments, will knock down trade barriers and help connect smaller enterprises. Mr Ma is planning to hold talks with a few countries at the G20 and B20 summit in Hangzhou next month, to see what appetite there is, if any. But he is calling on other companies to lead the charge too.
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