Amazon
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Amazon logged the greatest ever one-day increase in value
Feb 6, 2022A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. Shares of the online retail and... -
Amazon holiday quarter profit doubles
Feb 4, 2022Amazon announced on Thursday that its earnings in the most recent quarter doubled to $14 billion, boosting nervous markets that had expected less owing to increasing labor, sourcing, and shipping expenses. The e-commerce behemoth claimed its... -
Amazon to spend several billion dollars to manage labour shortages and supply chain issues in the run-up to Christmas
Oct 31, 2021Amazon has said it will spend several billion dollars to manage labour shortages and supply chain issues in the run-up to Christmas. The online retail giant said it was doing “whatever it takes to minimise the... -
Amazon to open its first non-food store in the UK
Oct 6, 2021Amazon is expanding its presence on the High Street by opening its first non-food store in the UK. The shop, in the Bluewater shopping mall near Dartford, will sell around 2,000 of its most popular and... -
The Co-op announced a partnership with Amazon Prime, enabling customers to do grocery shop online with same-day delivery
Sep 16, 2021The Co-op has announced a partnership with Amazon Prime, enabling customers across the UK to do their whole grocery shop online with same-day delivery. The supermarket chain is also extending its robot deliveries, so it can... -
Amazon offered to pay college tuition of all 750,000 of its frontline workers in the US
Sep 12, 2021Amazon has offered to cover the cost of college tuition of all 750,000 of its frontline workers in the US. It comes as the online shopping giant struggles to attract and retain staff amid an industry... -
‘Anti-radiation’ phone stickers remain for sale on Amazon
Sep 12, 2021Stickers that claim to protect users against electromagnetic fields (EMF) from phones remain for sale on Amazon. The listings remain eight months after scientists told the BBC the smartDOT stickers had “no effect”. This week the... -
Amazon.com Inc plans to open several large physical retail stores in the United States
Aug 19, 2021Amazon.com Inc is planning to open several large physical retail stores in the United States that will operate like department stores, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Some of... -
Amazon ends New Zealand’s role as Middle Earth
Aug 14, 2021Amazon on Friday dumped New Zealand as the location of its big-budget “The Lord of The Rings” series after just one season, in a major blow to the South Pacific’s self-styled Middle Earth. Officials in Wellington... -
Microsoft to challenge a decision to award a cloud computing contract to Amazon
Aug 14, 2021Microsoft on Thursday confirmed it is challenging a decision to award a multi-billion-dollar cloud computing contract to its rival Amazon. US media reports said the contract valued at $10 billion is for modernizing storage of classified...