Amazon.com Inc. has built automated systems that detect when a customer hasn’t paid the lowest available price for a product, or when the playback of a streaming movie is shoddy, and doles out refunds.
High technology, once again, is packed with battles for market supremacy. Amazon.com Inc. is introducing a tablet computer that takes aim at market leader Apple Inc. Another prominent showdown involves Netflix Inc.’s efforts to capture the lead in online movie streaming.
Karl Slym, managing director of Tata Motors Ltd., said he’s planning to build a diesel version of the world’s cheapest car this year to revive vehicle sales, which have dropped for three straight quarters in India.
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., Southeast Asia’s largest bank, picked banking over a passion for bird-watching three decades ago. Now his plans for regional expansion are taking flight.
Esprit Holdings Ltd., the biggest Hong Kong-listed clothing retailer, dropped the most in almost three years as profit plunged 98 percent on costs for closing stores and selling its U.S. and Canada operations.