A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. Shares of the online retail and cloud computing giant surged 13.5% on Friday following its blowout quarterly report, expanding its market capitalization by around $190 billion by […]
By Administrator_India Capital Sands Amazon.com Inc will not require fully vaccinated US warehouse employees to wear masks at work from Tuesday unless mandated by state or local law, a source familiar with the matter said. The e-commerce giant had in August ordered all U.S. employees to wear a mask at work regardless of their vaccination […]
By Administrator_India Capital Sands U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India’s Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up 10%. Vodafone Idea’s stake-sale talks had been paused pending the outcome of a court hearing […]
By Administrator_India Capital Sands Retail giant Amazon Inc is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported on Thursday. An Amazon spokeswoman declined to comment on ‘speculations or our future plans.’ In a separate stock […]
By Administrator_India Capital Sands Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based […]