Page 5 - Amazon

Amazon closes $8.5-bn MGM deal after regulators decline to oppose It

Amazon shares were little changed at $3,062.67 at 9:35 a.m. in New York.

SC lifts stay on global tribunal hearing in Amazon-Future Group case

Development follows Delhi High Court stay on SIAC hearing the case on January 5

About 60 Amazon workers stage walkouts over salary, break times

More than 60 workers across three Amazon delivery stations staged a walkout to demand a $3 raise and a return to 20-minute breaks, according to one of the labour organisers leading the effort.

SC seeks Future's response on Amazon's plea on resumption of arbitration

The Supreme Court asked the Future group to file its reply to an interim plea of Amazon seeking resumption of arbitration over Future Retail's merger deal with Reliance Retail

Amazon's battle with Reliance for India retail supremacy: 5 things to know

Amazon and Future agreed to out-of-court settlement discussions this month, but the two sides told India's Supreme Court on March 15 they had failed to resolve the matter

Amazon Academy starts JEE, NEET courses for aspiring engineers, doctors

As part of these packs, the students will get a total of 360+ hours of live lectures across key subjects on Amazon Academy.

Bad news for Amazon as Ambani's RIL seizes the future of retail in India

In the end, Mukesh Ambani settled the dispute over who gets to own the assets of beleaguered Future Retail not in an arbitration tribunal in Singapore, or in a Delhi courtroom, but in a shopping aisle

Top Headlines: Zomato, Blinkit merger talks; FRL may approach NCLT, DRT

Business Standard brings you the top headlines at this hour

Amazon-Future case: After talks fail, lenders to FRL may approach NCLT, DRT

Senior bankers said with failure of Future-Amazon talks, banks have to think of legal action only.

Experts say Amazon-Future legal row worsening as US giant flexes muscle

The US e-commerce giant has also warned about taking action against Reliance

Amazon threatens legal proceedings against Future Retail, promoters

Amazon Future case: Amazon is fighting a legal battle with FRL to stop the Kishore Biyani-led retailer's $3.4 billion deal with Reliance Industries Limited.

Amazon Business starts its first 'End of Financial Year Sale' in India

The sale aims to empower MSMEs by providing over 15 crore GST (goods and services tax) enabled products across top categories at exciting prices.

Brazil discovers record Amazon deforestation in January, February

Detected deforestation in the Brazilian Amazon reached a record high for the month of February following a similar record the prior month. Satellite alerts of deforestation in February corresponded to 199 square kilometers (77 square miles), the highest indicator for that month in seven years of record-keeping and 62% more than in the same month in 2021, according to preliminary data from the Brazilian space agency's Deter monitoring system that were released on Friday. Deter data last month showed January registered 430 square kilometers of deforestation, more than quadruple the level in the same month last year. January and February are among the months that register the least amount deforestation, and pale in comparison to levels seen in the Southern Hemisphere's summer months. Still, some have argued the uptick could be a worrisome sign for months to come, with loggers and legislators eager to make headway before a possible handover of presidential power next ...

CCI decides not to pursue case related to Amazon Seller Services

The regulator had taken suo moto cognisance of the matter after a report stated that 'Amazon copied products and rigged search results to promote its own brands, documents show'

Amazon splits stock 20-for-1, reports $10-billion share buyback

Amazon conducted three splits in the 2 1/2 years following its 1997 initial public offering and then halted the practice

Amazon surges as stock split, buyback excite investors

The company on Wednesday announced a 20-for-1 stock split, its first since 1999, and a $10 billion share buyback

Amazon halts product shipments to Russia, suspends Prime Video access

Additionally, the company will no longer be accepting new Russia or Belarus-based customers for its AWS cloud computing services

Indian exporters on Amazon Global Selling platform cross 100,000 mark

Seller numbers up 30% YoY since Jan 2020; value of cumulative overseas shipments surpasses $3 billion

Amazon suspends shipments, Prime Video streaming in Russia amid Ukraine war

Amazon has suspended shipment of retail products to customers based in Russia and Belarus, and will no longer provide customers with access to its streaming service Prime Video in Russia

Amazon jumps on plan to split stock by 20-to-1 ratio, buy back up to $10 bn

Amazon is planning to split its stock for the first time in more than two decades in a move that will end an era of four-digit stock prices for the biggest US technology companies