Business stories of interest this week

Business stories from the past week, compiled by Jason Maywald:

1. Coca Cola bring Christmas truck to Australia 

COCA-COLA’S famous Christmas Truck has toured the UK for the last seven years. Now the experience is coming to Australia for the first time. But instead of touring the major cities, the truck is going to three regional communities.

Locally, Coke has partnered with The Salvation Army to bring more than 580 people from Coke and The Salvos, celebrity guests and volunteers to three areas.


2. CBS gets approval for Ten takeover 

US media giant CBS’s $41 million takeover of the Ten Network will proceed, with a court approving the transfer of all shares in the local network to the American company.

Handing down his decision in the NSW Supreme Court on Friday, Justice Ashley Black said there was “no prejudice or unfair prejudice arising” from the transfer of Ten shares to CBS, however he ordered a short adjournment to give two minor shareholders opposing the transfer time to review the judgement.


 3. Future of automated shopping is here

A business park on the outskirts of Beijing, Chinese e-commerce giant is unveiling its version of the future.

For delivering parcels that means a self-driving robot, which can dodge pedestrians and recognise traffic lights. Last Tuesday morning it was cautiously navigating an internal road at the company’s headquarter


4. Dominos gets Japan back on track

Domino’s Pizza says its has reversed its falling sales in Japan and is on track to open up to 200 new stores worldwide this financial year.

The company told investors at its annual general meeting on Wednesday that it grew Australian and New Zealand same-store sales (which strips out the impact of opening or closing stores) by 4.4 per cent in the first 17 weeks of the 2018 financial year.


5. China prepares for shopping boom

Workers wielding screeching handheld wood sanders toil overtime in Cheng Huaibao’s bunk bed factory, rushing to prepare for the wave of orders about to break on manufacturing businesses like his across China.

China’s November 11 orgy of e-shopping strikes Saturday, with hundreds of millions of consumers expected to seize on promotional discounts to place up to a billion pent-up orders for everything from food to furniture and electronics.