
Amazon has doubled its profit in the first three months of this year, according to its latest earnings report.
The company now plans to spend $800 million on speeding up its delivery times.
From Washington, Daniel Ryntjes reports:
Friday, 26 April 2019 12:46
Amazon has doubled its profit in the first three months of this year, according to its latest earnings report.
The company now plans to spend $800 million on speeding up its delivery times.
From Washington, Daniel Ryntjes reports:
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).
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