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Netflix, Amazon win new favour after Wall Street sell-off
SAN FRANCISCO: Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence.
Kindle-wielding Amazon dips toes into physical world
SAN FRANCISCO (Reuters) - Amazon.com Inc
Amazon plans foray into private-label sportswear
NEW YORK: Amazon.com Inc is tapping some of the biggest athletic-apparel suppliers to make a foray into private-label sportswear, according to people familiar with the matter, setting the stage for further upheaval in an already-tumultuous industry.
To thwart Amazon, Kroger and Walmart lure shoppers with kerbside pickup
LOS ANGELES: As Amazon.com looks to upend the US grocery market with home delivery, some veteran supermarket operators are betting on a different strategy: kerbside pickup.
US stock index futures sink as Amazon, Alphabet spark fresh selloff
BENGALURU: US stock index futures plunged on Friday as disappointing results from behemoths Amazon and Alphabet rekindled a rush to dump technology and high-growth stocks, ahead of data that will likely show U.S. economic growth slowed last quarter.
Amazon to buy Whole Foods for US$13.7b, wielding online might in brick-and-mortar world
NEW YORK: Amazon.com Inc said on Friday it would buy Whole Foods Market Inc for US$13.7 billion, in an embrace of brick-and-mortar stores that could turn the high-end grocer into a mass-market merchant and upend the already struggling US retail industry.
Bezos bets US$5bil that Amazon can win India
BENGALURU: It’s mere weeks to the festival of Diwali, the season of lavish, reckless consumption, and in a cavernous warehouse minutes from the Hyderabad airport, hundreds of workers are furiously sorting mountains of everyday items.
Global stocks scale fresh record high, oil price up
NEW YORK: A gauge of global equity performance scaled fresh record highs on Wednesday, propelled by bullish growth and company earnings outlooks, while crude oil rose to the highest prices in more than two years.
Global stocks set fresh record high on business outlook, euro rises
NEW YORK: Major global and U.S. stock indices set fresh all-time highs on Friday, buoyed by a bright business outlook and strong corporate earnings, while the economy's strength in continental Europe lifted the euro to a two-month high against the US dollar.
Wall Street indexes touch fresh record-highs
NEW YORK: The three main US indexes climbed to fresh record-highs for the fourth day in a row on Thursday, propelled by gains in technology stocks.
