Mitsubishi Corporation Signs Japan’s First Long-term Corporate PPA for Online Retail Giant Amazon
TOKYO, Sep 8, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) is pleased to report that it has signed a long-term Corporate Power Purchase Agreement (Corporate PPA), through […]
Amazon forecast falls short as Covid-19 online shopping bump fades
SEATTLE (BLOOMBERG) – Amazon.com emerged as the essential store for homebound shoppers during the coronavirus pandemic, propelling its sales and profits to new highs. Now, the rush online is slowing down […]
Amazon denies report of accepting Bitcoin as payment, but is eyeing crypto
NEW YORK (AFP) – Amazon on Monday (July 26) denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year, but acknowledged […]
The big ideas of Jeff Bezos
NYTIMES – How can you tell when the bullheaded and micromanaging boss who trusts his intuition is just nuts, and when he is nuts but right? That was a question […]
Amazon borrows US$18.5 billion it doesn’t need as companies take advantage of cheap money
NEW YORK (BLOOMBERG) – Amazon.com sold bonds to refinance debt and buy back stock, as cheap borrowing costs prove too tempting to resist even for a company with tens of […]
Jeff Bezos sells US$2.5 billion of Amazon shares and signals more coming
NEW YORK (BLOOMBERG) – Jeff Bezos sold about US$2.5 billion (S$3.3 billion) of Amazon.com stock, his first big disposal this year after offloading more than US$10 billion worth of shares […]
Amazon Q1 profit triples to US$8.1 billion, sees spring windfall as US economy reopens
NEW YORK (REUTERS) – Amazon.com, one of the biggest winners of the Covid-19 pandemic, posted record profits on Thursday (April 29) and signaled that consumers would keep spending in a […]
US stocks rise with S&P 500 ending at another record
NEW YORK (AFP) – Wall Street stocks rose on Thursday (April 8), with the S&P 500 finishing at another record, after lacklustre employment data bolstered expectations the Federal Reserve will […]
Who is Andy Jassy, Amazon’s next CEO?
BENGALURU (REUTERS) – Amazon Web Services (AWS) chief Andy Jassy will replace billionaire founder Jeff Bezos as Amazon.com’s next chief executive officer. Here’s what we know about the incoming CEO: […]
Amazon asks India court to jail retail tycoon in legal spat
MUMBAI (BLOOMBERG) – Amazon.com has filed a petition in an Indian court seeking detention of Future Group’s founder and seizure of assets for violating an arbitration court’s order that temporarily […]
Amazon launches online pharmacy in new contest with drug retailers
NEW YORK (REUTERS) – Amazon.com on Tuesday (Nov 17) launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens, CVS […]