FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
Amazon to be hit with legal action by GMB over ‘US-style union-busting tactics’ April 29, 2024 GMB Union has filed legal proceedings against retail giant Amazon over allegations that it has pressured workers to give up their trade membership
Amazon: AWS, Prime and AI set to drive first-quarter earnings April 28, 2024 Analysts said that Amazon has recently got its mojo back after losing momentum over the last few years.
Fed set to hold rates this week – but markets will look for clues on cuts April 28, 2024 The Fed is almost certain to leave rates on hold when it announces its decision on Wednesday, but markets will be paying close attention to the central bank's forward guidance.
Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
Novel Audio: Podcast maker backed by investor in Fortnite’s Epic Games names new chief after £15m claim settled April 23, 2024 Podcast maker Novel Audio has named a new chief executive after its former boss and co-founder settled a £15m claim with its main shareholder.
Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority April 22, 2024 If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.
Amazon ‘actively’ looking to invest in multiple UK startups with £800m fund April 11, 2024 Amazon is exploring funding opportunities with a number of tech startups based in the UK via its $1bn (£800m) industrial innovation fund.
Amazon opens £600m robot lab to speed up deliveries and improve efficiency April 11, 2024 Amazon has been busy developing a fleet of robots such as the Universal Robotic Labeller (URL) to help its staffers sort and pack products.
Are Tesla and Apple losing the big tech war? Here’s how Microsoft, Meta, Amazon, Nvidia and Alphabet compare April 6, 2024 Tesla has tanked over 30 per cent while Apple is down roughly nine per cent since year to date, compared to the S&P 500 which has risen.