Monday, 20 June 2022

Ocado aims to raise £575m from investors to fund tech arm expansion

Firm wants to ‘invest in innovation at faster pace’ and help clients as online grocery market grows

Ocado is aiming to raise £575m from investors to fund the expansion of its technology arm, which enables overseas retailers to sell groceries online.

It has also agreed a new £300m credit facility with a syndicate of international banks.

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from World news | The Guardian https://ift.tt/1eFztLj

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South Korea proposes talks to officially end war with North

Lee Jae Myung offers chance to end the conflict, which has been frozen since an armistice in 1953. from BBC News https://ift.tt/4YE1HQb