UK proposes new laws to crack down on push payment fraud March 12, 2024 New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.
Amazon liable to pay damages as Supreme Court says it targeted Brits with US ads March 6, 2024 This dispute relates entirely to events that occurred before the UK left the EU, when UK trademarks were part of the EU trademark system.
Amazon to invest in more robots to speed up deliveries and packing February 28, 2024 Amazon is ramping up investment into robotics as it looks to speed up its packaging and delivery processes.
Horizon campaigner Alan Bates says Britain should sell ‘dead duck’ Post Office to Amazon for £1 February 27, 2024 A campaigner at the centre of the Post Office Horizon IT scandal has urged the government to sell the “dead duck” organisation to “someone like Amazon for £1”.
James Bond studio Pinewood hails ‘resilience’ to US actors’ strikes as Amazon and Netflix deals boost outlook February 22, 2024 The group behind Pinewood Studios has said it remained "largely resilient" to the US actors strike during the final three months of 2023.
Valentine’s Day derailed as strikes disrupt deliveries from Uber Eats, Deliveroo and Just Eat February 13, 2024 Valentine's Day plans are under threat as a barrage of strikes scheduled for Wednesday could disrupt doorstep deliveries.
Jeff Bezos sells roughly £1.6bn of Amazon shares February 11, 2024 Amazon founder Jeff Bezos has sold around 12m shares of the online retail and cloud services firm for roughly $2bn (£1.6bn).
FTSE 100 today: London markets likely to rise on heels of Wall Street’s tech rally February 2, 2024 A tech rally ignites global stocks: Meta soars 15%, while Amazon climbs 7%. Apple drops 3% amidst market turbulence, while oil prices surge. Focus now shifts to U.S. Non-Farm Payrolls.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Earnings watch: Apple, Amazon, and Meta reports to set market tone February 1, 2024 Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.