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Alibaba embraces virtual reality and reveals ambitious plans. Japanese firms Asahi and Fujitsu share news about their European operations. Tech giant Apple has opened a shop in New York's Macy's and overhauled its flagship in London. Over in Germany, the struggling supermarket chain Kaiser's Tengelmann is up for grabs after crisis talks have collapsed. Get informed and have a great start to the week.
Statements from Japan Tokyo-based Asahi Group has completed its EUR 2.55 billion acquisition of Miller Brands UK, adding brands such as Peroni Nastro Azzurro, Grolsch and Meantime to its beer portfolio +++ Electronics giant Fujitsu scales back in Europe and plans to cut 400-500 jobs in Germany and 1,800 jobs in Britain.
Crisis talks breakdown Grocery store rivals Rewe and Edeka, labour representatives and politicians were unable to find a solution over the acquisition of ailing supermarket chain Kaiser's Tengelmann, leaving more than 16,000 jobs hanging in the balance.
Focus on customer Frozen food specialist Iceland has refreshed its look. The company opened a refitted and modernised store in London. In a bid to deliver the best shopping experience, online grocery retailer Ocado has introduced an advanced artificial intelligence software model to contact its customers.
Food trends in Paris Food exhibition Sial kicked off in Paris on Sunday, showcasing international food trends and innovations. Around 160,000 delegates from around the world are expected to attend the five-day show, which runs until Thursday 20 October.
Usa & Latin America
When giants compete The news that online mega retailer Amazon will open grocery stores and discount powerhouse Aldi will sell e-books is troublesome and may cause an intense fight for market share. US magazine Forbes takes a closer look at the greater competition on the global stage.
Samsung's loss As a result of making a complete mess of the Galaxy Note 7 recall, South Korean tech company Samsung is more likely to lose a large number of high-end users to other Android handsets makers such as Huawai or Google rather than to Apple according to analysts.