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amazon

  • Nvidia and Apple lead losses as trillions wiped from Nasdaq tech stocks

    August 5, 2024

    Trillions of dollars have been wiped from the Nasdaq-listed tech giants taking a nosedive amid a global stock sell off, as fears of a US recession are causing investors to run for the hills. The so-called Magnificent Seven’s combined market capitalisation has lost at least $2.3t (£1.8t), equal to a 15 per cent slide from [...]

  • Week ahead: Market holds breath for busy central bank week

    July 28, 2024

    Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.

  • Amazon Prime Video buys British film studio where The Lord of the Rings: The Rings of Power is made

    July 22, 2024

    Amazon Prime Video is to acquire the British film studio where it makes The Lord of the Rings: The Rings of Power.

  • Amazon Prime Day sales reach record high thanks to discount-hungry shoppers

    July 19, 2024

    Amazon Prime Day hit record heights thanks to discount-hungry shoppers as sales passed £14.2bn during the two-day shopping event, according to new figures.

  • Sir Tim Martin comes out swinging after JD Wetherspoon compared to Amazon, Sports Direct and P&O Ferries

    July 15, 2024

    Sir Tim Martin has come out swinging after his pub giant JD Wetherspoon was branded a c**** employer along with "the likes of Amazon, Sports Direct, P&O Ferries".

  • Amazon Coventry workers await landmark union vote result

    July 15, 2024

    A win by the GMB union would bolster their ability to address health and safety concerns at the Coventry warehouse. 

  • Czech Sphinx plots £800m Royal Mail investment to topple Amazon in UK parcel war

    July 14, 2024

    Kretinsky’s Royal Mail takeover has ignited a national security investigation with critics wary of a historic British institution falling into foreign hands.

  • Amazon faces potential investigation as Prime Day nears

    July 11, 2024

    A watchdog has warned that it would "not hesitate" to launch a formal investigation into Amazon if concerns were raised that the US giant was not treating its suppliers fairly and lawfully.

  • Amazon workers begin vote on historic union ballot

    July 9, 2024

    More than 3,000 staff at Amazon's Coventry site are taking part in the vote, which will last until July 13. The result is expected two days later.

  • Question Time maker wants to reclaim ‘world-class’ status after falling to a loss

    July 9, 2024

    The group which makes Question Time, Amazon's UK Premier League coverage and Top Chef wants to recover its position as a "world-class television content business" after falling to a loss during its latest financial year.

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