Italy fines Amazon record $1.3 bln for abuse of market dominance
Italy’s antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the...
Amazon
Gold rush draws hundreds of dredging rafts to Amazon tributary
By Bruno Kelly Hundreds of dredging rafts operated by illegal miners have gathered in a gold rush on the Madeira River, a major tributary of...
Banks beware, Amazon and Walmart are cracking the code for finance
Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart (WMT.N)...
Amazon’s restores service after global outage (Update)
Amazon.com Inc said its online stores had returned to normal services after a global outage disrupted shopping on its country sites. E-commerce giant Amazon.com Inc’s...
Bezos’ 2021 Space Odyssey a risk too far for insurers
Launching one of the richest individuals on earth into orbit has proved a leap too far for insurers, who are not ready to price the...
Ferrari teams up with Amazon
Ferrari and Amazon Web Services (AWS) have entered an agreement to make Amazon’s cloud computing unit the luxury carmaker’s cloud storage, machine learning, and artificial...
Amazon union vote enters final stretch in watershed moment for U.S. labour
The votes on whether to form a union at Amazon.com Inc’s sprawling Alabama fulfilment centre are set to be reviewed starting on Tuesday, with momentum...
Autonomous robots deemed ‘pedestrians’
Autonomous robots combine machine learning, robotics technology and advanced information engineering, enabling them to perform certain jobs or behave a certain way with a large...
Saxo’s outrageous prediction: Amazon ‘buys’ Cyprus
As Amazon grows stronger amid the Covid crisis and heat from governments rise over its tax record, it decides to redomicile its EU headquarters to...
Upholding celibacy, Pope sidesteps bid to ordain some married men (Updated)
Pope Francis on Wednesday dismissed a proposal to allow some married men to be ordained in remote areas, reaffirming the Roman Catholic Church’s centuries-old commitment to...
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...
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...
