The S&P 500 and the Nasdaq fell on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of some Big Tech companies that have benefited most from the pandemic.
African online retailer Jumia on Tuesday reported a nearly 18% fall in third-quarter revenue as it shifted towards less expensive but more frequently ordered items and missed out on lockdown boosts enjoyed by international rivals.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 and the Nasdaq dropped on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of some Big Tech companies that have benefited most from the pandemic.
The European Commission announced today that it has accused Amazon (NASDAQ: AMZN) of using data it collects from third-party retailers on its platform to benefit its own business, in violation of antitrust regulations.The enforcement arm of the European Union also said it has ope
I am sure there are a lot of investors, particularly those relatively new to managing their own money, who have been a bit confused over the last couple of days.
LONDON (Reuters Breakingviews) - U.S. technology giants often paint Margrethe Vestager, Europe’s competition tsar, as a cartoon villain. The antitrust charges the European Commission executive vice-president unveiled against Amazon.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 dropped on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of the big tech companies that have benefited most from the pandemic.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
The S&P 500 was set to open lower on Tuesday as excitement over signs of a first successful late-stage COVID-19 vaccine trial faded, while investors continued to pull money out of the big tech companies that have benefitted most from the pandemic.
(RTTNews) - The European Commission, the executive arm of the European Union, said Tuesday it has informed Amazon of its preliminary view that the e-commerce giant breached European Union or EU antitrust rules by distorting competition in online retail markets. The Commission sai
Amazon.com Inc said on Tuesday it had taken down listings of products such as briefs and doormats with Hindu sacred symbols, which were being sold on its overseas websites, following a furore on social media in India.
Futures tied to the S&P 500 dipped in choppy trading on Tuesday as worries about the extent of the COVID-19 pandemic's economic impact resurfaced, a day after Wall Street rallied sharply on successful vaccine data.
EU antitrust regulators on Tuesday charged U.S. retail giant Amazon with distorting competition in online retail markets and also opened a second investigation into its e-commerce business practices.
Online retail giant Amazon is set to face EU antitrust charges on Tuesday over its use of merchant data, a person familiar with the matter said as EU antitrust chief Margrethe Vestager takes aim at another American technology giant.
The European Commission is expected to file formal antitrust charges against Amazon.com Inc on Tuesday over its dual role as a marketplace for merchants and as a retailer competing to sell the same products, according to a source familiar with the matter.
Amazon.com Inc's Prime Video said on Tuesday it had acquired the rights for broadcasting New Zealand Cricket matches in India, marking the streaming service's first foray into live sports in its fastest growing market.
Amazon.com Inc's Prime Video said on Tuesday it had acquired the rights for broadcasting New Zealand Cricket matches in India, marking the streaming service's first foray into live sports in its fastest growing market.
Online furniture and accessories retailer Wayfair (NYSE: W) has built a business worth $13 billion in annual sales by prioritizing market share capture. While this approach has paid off for shareholders in 2020, as shares have quadrupled during the COVID-19 pandemic, the strategy
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