Alibaba undercuts Amazon in Europe to woo wary brands
After years of reconnaissance, China’s retail king Alibaba is finally making its move on Europe. It is undercutting Amazon sellers’ fees to attract vendors but...
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As Amazon burns, Brazil’s Bolsonaro tells rest of world not to interfere (V)
Amid growing international criticism over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest ablaze...
Amazon under EU antitrust fire over use of merchant data
By Foo Yun Chee BRUSSELS, July 17 (Reuters) – Amazon‘s use of merchants’ data triggered an EU antitrust investigation on Wednesday, as regulatory concerns mount around...
U.S. to probe French plan to tax tech companies
By David Shepardson WASHINGTON, July 10 (Reuters) – U.S. President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a...
Amazon’s Bezos says N.Enquirer owner tried to blackmail him
By Jeffrey Dastin and Nandita Bose WASHINGTON, Feb 7 (Reuters) – Jeff Bezos, chief executive of Amazon.com Inc, has accused the owner of the National...
Amazon to raise minimum wage to $15 for US employees
Amazon.com Inc said on Tuesday it would raise its minimum wage to $15 per hour for its US employees from next month as it faces...
Amazon sells more than 100m products on Prime Day event
Amazon.com Inc said online shoppers purchased more than 100 million products worldwide during its Prime Day sale, despite glitches on its mobile app and websites...
Amazon.com to screen Premier League football for first time
Amazon.com has won rights to show 20 English Premier League football matches a season from 2019, giving its Prime Video online streaming service a foothold...
Amazon’s voice assistant Alexa, too eager to ‘obey’
A Portland, Oregon, family has learned what happens when Amazon.com Inc’s popular voice assistant Alexa is lost in translation. Amazon on Thursday described an “unlikely…...
Amazon shares fall 6 per cent as Trump renews attack
Shares of Amazon.com Inc fell 6 per cent on Monday after US President Donald Trump again attacked the online retailer over the pricing of its...
Amazon sheds $52bn in value after Trump threat
Amazon.com Inc’s shares fell as much as 7 per cent on Wednesday, wiping out about $52 billion from the company’s market value, after a report...
Billions in tax breaks offered to Amazon for second headquarters
Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating...
EU orders Amazon to pay back €250m in taxes to Luxembourg
The European Union ordered the world’s largest online retailer Amazon on Wednesday to pay back about €250m in taxes to Luxembourg, saying it was given...
Need drugs in jail? Try using a drone
While Amazon and the British government are looking into how to use drones to deliver parcels to customers, criminals are already exploiting the technology to...
Bezos passes Buffett, becomes third-richest person
Jeff Bezos, the founder and chief executive of Amazon.com Inc, has become the world’s third-richest person as of the market close for the first time,...
EU to pursue checks on web platform deals with businesses
The European Commission will check on whether it should do more to curb possible unfair practices in the terms of use set by web platforms...
Amazon to attack UK grocery market with Morrisons deal
By James Davey and Kate Holton Amazon has launched its biggest foray into food outside of the United States with a deal with British supermarket...
Amazon steps up recruitment as it expands in Europe
Online retailer Amazon plans to create several thousand jobs in Europe in 2016, more than 2,500 of which will be in Britain, stepping up its...
Amazon ads for Nazi-themed TV show pulled from NY subway
By Joseph Ax Advertisements for a new Amazon.com Inc show featuring Nazi-inspired imagery have been pulled from a busy New York City subway line after...
Amazon, Google join retailers in banning Confederate flag
By Mari Saito Google Inc joined Amazon.com Inc and eBay Inc on Tuesday in pulling Confederate flag merchandise from their shopping site, following brick and...
