Trends - Amazon Inc - Business Recorder

Amazon Inc

Google, Apple disappoint as tech earnings hit by gloom

SAN FRANCISCO: Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat...

Published 03 Feb, 2023 11:15am

Technology

Amazon’s outlook disappoints as customer budgets stay tight

Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from...

Published 03 Feb, 2023 10:45am

Technology

Big Tech earnings expected as Meta share price skyrockets

SAN FRANCISCO: Tech giants Google, Apple and Amazon will report their latest results on Thursday as shares in Meta...

Published 02 Feb, 2023 09:44pm

Markets

Nasdaq falls as megacaps drop ahead of earnings

NEW YORK: The tech-focused Nasdaq fell more than 1% on Monday as megacap growth stocks including Apple, Amazon and...

Published 31 Jan, 2023 06:55am

Business & Finance

Amazon plans to shut three UK warehouses

LONDON: Amazon plans to shut three warehouses in Britain in a move that will impact 1,200 jobs, but workers will be...

Published 16 Jan, 2023 06:18am

Life & Style

U.S. judge says Penguin Random House book merger cannot go forward

WASHINGTON: A planned $2.2 billion merger of Penguin Random House, the world's largest book publisher, and rival...

Published 01 Nov, 2022 01:41pm

Markets

Wall Street in the red as Fed worries persist

NEW YORK: Wall Street’s main indexes slipped on Tuesday as a stronger-than-expected reading on the US services...

Published 07 Sep, 2022 04:13am

Life & Style

A different Middle-earth is explored in Amazon's 'Lord of the Rings' series

SAN DIEGO: The creators of Amazon.com Inc's 'Lord of the Rings' unveiled the most extensive look yet at the series ...

Published 23 Jul, 2022 02:28pm

World

India's Future files new case against Amazon in top court over $3.4bn retail deal

The top court says Future could not appeal a lower court's decision against it
There is extreme urgency to hear this petition, Future says

Published 28 Aug, 2021 06:37pm

Business & Finance

Bezos vs Ambani: Amazon scores big win as India court stalls Future's $3.4 billion retail deal

Amazon sought to block its partner Future Group from selling $3.4 billion in retail assets to rival Reliance Industries

Published 06 Aug, 2021 01:05pm

Business & Finance

Amazon caps blockbuster Big Tech earnings reports

SAN FRANCISCO: A week of blockbuster earnings reports from Big Tech culminated Thursday with Amazon crushing...

Published 03 May, 2021 04:39am

Technology

Amazon Revolutionizes Grocery Shopping with Automated Checkout Technology

Committed to revolutionizing grocery shopping, Amazon is going to introduce automated checkout technology to full-size supermarkets soon.

Updated 22 Apr, 2021 07:51pm

Business & Finance

Union appears headed to defeat in Amazon.com election

Amazon workers at the warehouse in Bessemer voted to reject unionization by a more than 2-1 margin as of Friday morning, with a majority of the 3,215 ballots counted. More than 1,400 voted against forming a union, with some 600 ballots in favor.
In the latter case, the dispute would play out before the National Labor Relations Board (NLRB) and then likely in a federal appeals court.

Published 09 Apr, 2021 08:34pm

Business & Finance

Amazon union election tally expected to start, turnout 55pc

The elections had voter turnout of about 55% the Retail, Wholesale and Department Store Union (RWDSU) said in a statement on Wednesday.
More than 3,200 mail ballots were received by the US National Labor Relations Board (NLRB), in an election open to over 5,800 workers at Amazon's warehouse in Bessemer, Alabama, the union said.

Published 08 Apr, 2021 06:52pm

Markets

Tuesday’s early trade: Main indexes drop as tech stocks hit by spike in yields

NEW YORK: Wall Street’s main indexes slipped on Tuesday as investors pulled out of heavyweight tech-related stocks...

Published 31 Mar, 2021 05:42am

World

Amazon workers strike in Italy over pandemic-driven delivery demands

Trade unions estimate Amazon's delivery systems rely on 40,000 workers, including staff of its logistics arm, which employs most of Amazon's 9,500 long-term Italian staff.
This has prompted unions to seek tighter rules on workloads and shifts for drivers who they say deliver as many as 180-200 parcels a day.

Updated 22 Mar, 2021 06:30pm

World

Indian court restrains Future chief from selling assets in dispute with Amazon

Amazon is locked in a dispute with Future, which it says allegedly violated certain contracts by selling its retail assets to market leader Reliance Industries last year. Future denies any wrongdoing.
Justice J.R. Midha also said Biyani and other respondents cannot dispose their assets. "The assets ... are hereby attached," the order said.

Published 18 Mar, 2021 09:31pm

World

Indian agency seeks information, documents from Amazon amid probe

Amazon has for several years been under investigation by the agency for possible violation of foreign investment rules. Such probes typically take years in India, and in most cases details are not made public.
On Friday, the senior Enforcement Directorate source told Reuters "obviously we have sought information" from Amazon.

Published 12 Mar, 2021 06:40pm

World

India court gives interim relief to Amazon in dispute with Future Group

Amazon, locked in protracted legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to rival Reliance Industries last year. Future denies any wrongdoing.
Indian stock exchanges last month cleared Future's deal with Reliance, despite Amazon's repeated requests to regulators to block the deal.

Published 02 Feb, 2021 06:04pm

Technology

Amazon to open pop-up COVID-19 vaccine clinic in Seattle headquarters

The move came a day after Reuters reported that Amazon had offered to help with the United States' efforts involving the COVID-19 vaccine, citing a letter addressed to President Joe Biden.

Published 22 Jan, 2021 11:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Amazon Inc

Most Popular