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1-10 results from 1000 for query «amazon»

May 4, 2018 12:00 AM Amazon makes bid to spoil Walmart-Flipkart deal

BENGALURU/MUMBAI: Amazon.com Inc has made a formal offer to buy 60 percent of Flipkart , CNBC-TV18 reported on Wednesday, potentially complicating Walmart Inc´s bid for majority ownership of the Indian online retailer. The news underscores how Amazon is focused on winning India´s fledgling e-commerce market, and the offer could be a ploy to block Walmart 3

March 25, 2018 12:00 AM World's richest lose $436b as 2018's stock rout deepens

ISLAMABAD: It’s been an expensive two months for the 500 wealthiest people on the planet. The group’s wealth has shrunk $436 billion since markets peaked on Jan. 26. Their combined net worth fell $181 billion this week as the S&P 500 Index and Dow Jones Industrial Average suffered their steepest weekly drop in more than two years amid heated rhetoric 8

March 21, 2018 12:00 AM Alibaba mulls buying Rocket Internet’s Pakistan unit

KARACHI: Alibaba Group Holding Ltd. is considering acquiring Rocket Internet’s online retail unit in Pakistan to help China’s biggest e-commerce company expand its reach in the South Asian nation, Bloomberg reported. The companies are negotiating a price for Rocket’s retail unit Daraz, according to the person, who asked not to be identified since the discussions 7

March 21, 2018 12:00 AM Oracle revenue misses as cloud growth falls

SAN FRANCISCO: Business software maker Oracle Corp reported quarterly revenue on Monday that missed analysts´ estimates as sales from its cloud business fell short of Wall Street expectations, sending its shares down nearly 6.3 percent after market. Cloud business revenue rose 31.7 percent to $1.57 billion, but fell short of the average analysts´ estimate 8

March 11, 2018 12:00 AM Best Buy chief says turnaround done

NEW YORK: Best Buy Co Inc has completed a five-year turnaround and is ready to compete with market leader Amazon.com Inc to prove U.S. retail is not a "winner takes all" situation, Chief Executive Hubert Joly told Reuters on Friday. Brick-and-mortar retailers like Best Buy have closed stores and some have gone out of business over the past few years 11

March 3, 2018 12:00 AM Pak players to feature in CPL

LAHORE: A number of Pakistani cricketers were either retained by franchises from the previous year or moved into a new one in Caribbean Premier League (CPL) 2018 drafts, according to reports. Fast-bowlers from Pakistan remained in high demand in CPL draft. Wahab Riaz and Junaid Khan will play from Barbados Tridents. Wahab was signed by Tridents for $40,000 while 11

February 20, 2018 12:00 AM Guards retake control of Brazilian prison

RIO DE JANEIRO: The last of 18 hostages seized in a prison riot near Rio de Janeiro have been freed and guards have retaken control of the facility, officials said. The uprising in the overcrowded prison began on Sunday and was quelled after a few hours, the state penitentiary administration said in a statement late on Sunday. Eight guards and 10 inmates 8

January 27, 2018 12:00 AM Dell considering acquisitions or possible IPO

BENGALURU: U.S. computer maker Dell Technologies Inc is exploring a range of options that could see the world´s largest privately held technology company grow further through acquisitions or go public, people familiar with the matter said on Thursday. Dell´s board of directors will meet later this month to consider the biggest shakeup in the company 13

January 10, 2018 12:00 AM Google teams with Sony, Lenovo for smart speakers with touchscreens

LAS VEGAS: Alphabet Inc´s Google said on Monday its voice-controlled virtual assistant will show up this year in new tablet-like devices designed by LG Electronics Inc and Sony Corp as the technology company seeks to challenge Amazon.com Inc´s dominance in a fledgling market. Dubbed smart displays by Google, the new devices introduce tablet-like screens 11

November 23, 2017 12:00 AM Amazon tells Australian retailers to prepare for orders from today

SYDNEY: Amazon.com Inc has told its Australian sellers to be ready to take orders on Nov. 23, according to a retailer, the first time the global retail juggernaut has given a start date for doing business in the world No. 12 economy. Australia has long been home to Amazon-registered sellers, but until now they had been limited to sending goods offshore 8