Indian shares retreated from fleeting record highs hit in pre-open trade, dragged down by Reliance Industries after a court blocked the conglomerate's $3.4 billion retail asset purchase from Future Group.
Japanese shares rose on Wednesday, with transport stocks leading gains, as Wall Street's tech-driven rally overnight and strong domestic earnings forecasts boosted market sentiment.
Asian shares and U.S. stock futures rose on Wednesday as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programmes accelerated.
E-commerce accelerated during the second and third quarters of 2020, when consumers sheltered at home and turned to the internet to order goods. That acceleration doesn't seem to have tapered off -- at least not according to Amazon's (NASDAQ: AMZN) blowout fourth-quarter results.
Australian shares rose on Wednesday, as financials led gains boosted by the central bank's upbeat economic outlook, while investors awaited a speech by its governor Philip Lowe later in the day.
Asian markets moved higher during early trading as governments around the world looked poised to boost spending to help economies recover from the coronavirus and vaccine roll-out programs accelerated.
NEW YORK (Reuters Breakingviews) - Jeff Bezos has some solid timing. The founder and chief executive of Amazon.com is handing over the CEO role to Andy Jassy, head of the cloud division AWS, after a fortuitously good year at the $1.7
An Indian court blocked Future Group's sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to the $3.4 billion deal, in a battle of the retail titans that could reshape the shopping sector.
(RTTNews) - Amazon will pay over $61.7 million to Flex drivers to settle Federal Trade Commission charges that the online retail giant stole tips that its customers gave to the drivers.FTC claims that Amazon failed to pay Flex drivers the full amount of tips they received from cu
(RTTNews) - Amazon.com Inc. (AMZN) Thursday reported a fourth-quarter profit that surged from a year ago, driven largely by revenue growth as consumers continue to shop more on the e-commerce platform, especially over the holiday shopping season, due to the ongoing Covid-19 pande
Amazon (NASDAQ: AMZN) is about to hand over a significant chunk of change to the Federal Trade Commission (FTC). The retailer is on the hook for over $61.7 million, as part of a settlement announced today with the FTC over allegations it cheated delivery drivers out of customer t
4 Top Tech Stocks To Watch This WeekTech stocks are still showing a very strong performance after having a stellar run in the stock market last year. Arguably one of the biggest winners to come out of the pandemic, these stocks continue to show resilience. The burning question th
U.S. stocks finished sharply higher for a second straight day on Tuesday, helped by gains in Amazon.com and Google-parent Alphabet ahead of their results and by optimism over progress on a U.S. pandemic relief package.
Major indexes closed higher on Tuesday, enjoying a relatively steady day of trading following last week's GameStop (GME) surge, which now has the videogame name in correction territory. Instead, investors kept major FAANG names and Dow components Alphabet (GOOGL) and
Global stock markets surged for a second day on Tuesday, spurred by increased optimism about more U.S. stimulus and the economic recovery, while retail investors retreated from GameStop and fleeting interest in silver, causing their prices to tumble.
U.S. stocks finished sharply higher for a second straight day on Tuesday, helped by gains in Amazon.com and Google-parent Alphabet ahead of their results and by optimism over progress on a U.S. pandemic relief package.
Amazon.com Inc on Tuesday beat estimates for holiday-quarter sales and said Jeff Bezos would move to the role of executive chair in the third quarter and be replaced by Amazon Web Services head Andy Jassy as chief executive officer.
(RTTNews) - Amazon.com Inc. (AMZN) reported a profit for its fourth quarter that advanced from last year.The company's earnings came in at $7.22 billion, or $14.09 per share. This compares with $3.27 billion, or $6.47 per share, in last year's fourth quarter.
U.S. stocks finished up sharply for a second straight day on Tuesday, helped by gains in Amazon.com and Google-parent Alphabet ahead of their results and by optimism over progress on a U.S. pandemic relief package.
Global stock markets surged for a second day on Tuesday, spurred by increased optimism about more U.S. stimulus and the economic recovery, while retail investors retreated from GameStop and fleeting interest in silver, causing their prices to tumble.