Industry economics)

Spanish delivery company Glovo completes acquisition of Ehrana

Ljubljana – The acquisition of the food delivery platform Ehrana is now finalised and all activities have been transferred to Glovo, the Spanish acquirer said. Glovo had announced in May that it would take over one of the largest home delivery providers in Slovenia, and the deal has now been completed.

Henkel Turkey appoints new president

Chemical and consumer goods company Henkel has appointed a new president in Turkey, according to a company statement.

Güray Yıldız will serve as Henkel Turkey president, in addition to his current position as Henkel Turkey Laundry and Home Care general manager, a post he has been holding since Jan. 1, 2018.

US President Biden Imposes more Sanctions on China

US President Joe Biden is set to ban Americans from investing in dozens of Chinese tech and defence firms with alleged military ties.

The new executive order will come into effect on 2 August, hitting 59 firms including communications giant Huawei. The list of firms will be updated on a rolling basis.

It expands an order previously issued by former President Donald Trump.