Tag Archives: FTSE 100 INDEX

03Oct/20

AutoStore sues Ocado for infringing technology patents central to the Ocado Smart Platform

AutoStore, the pioneer and global leader in automated storage and retrieval systems (AS/RS), today filed patent infringement lawsuits in the United States and the United Kingdom against the UK FTSE 100-listed online grocery retailer and technology company, Ocado Group Plc.

AutoStore is seeking court orders barring Ocado and its partner, Tharsus Group (of Blyth, UK), from manufacturing, importing, using and selling technology that infringes AutoStore’s patents, as well as monetary damages. Ocado has signed agreements with retailers such as Kroger (US), Marks & Spencer (UK), and Morrisons (UK) that rely on the continued infringement of AutoStore’s intellectual property. Read more

18Apr/17

UK’s May shocks markets, nation with election date

Sterling surges against the dollar but UK shares slip to a two per cent loss after British Prime Minister Theresa May calls a snap general election to strengthen her hand in Brexit negotiations. David Pollard reports. Continue reading

26Oct/15

TalkTalk hires BAE Systems to investigate cyber attack

Shares in the British broadband provider TalkTalk slide 9 percent as it grapples with the effects of a cyber attack on the company, hiring BAE Systems to investigate.

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08May/15

London markets rally on Cameron UK election win

London’s financial markets rally on the news of David Cameron’s Conservatives shock outright win in the UK’s general election, but some residents in the capital worry what the impact of the Scottish nationalists’ huge victory will be on the rest of the country.
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