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Amazon Inc

Google, Apple disappoint as tech earnings hit by gloom

Published 03 Feb, 2023 11:15am

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

Amazon’s outlook disappoints as customer budgets stay tight

Published 03 Feb, 2023 10:45am

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

Big Tech earnings expected as Meta share price skyrockets

Published 02 Feb, 2023 09:44pm

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

Nasdaq falls as megacaps drop ahead of earnings

Published 31 Jan, 2023 06:55am

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

Amazon plans to shut three UK warehouses

Published 16 Jan, 2023 06:18am

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

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

Published 01 Nov, 2022 01:41pm

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

Wall Street in the red as Fed worries persist

Published 07 Sep, 2022 04:13am

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

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

Published 23 Jul, 2022 02:28pm

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

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

Published 28 Aug, 2021 06:37pm

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

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

Published 06 Aug, 2021 01:05pm

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

Amazon caps blockbuster Big Tech earnings reports

Published 03 May, 2021 04:39am

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

Amazon Revolutionizes Grocery Shopping with Automated Checkout Technology

Updated 22 Apr, 2021 07:51pm

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

Union appears headed to defeat in Amazon.com election

Published 09 Apr, 2021 08:34pm

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.

Amazon union election tally expected to start, turnout 55pc

Published 08 Apr, 2021 06:52pm

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.

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

Published 31 Mar, 2021 05:42am

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

Amazon workers strike in Italy over pandemic-driven delivery demands

Updated 22 Mar, 2021 06:30pm

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.

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

Published 18 Mar, 2021 09:31pm

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.

Indian agency seeks information, documents from Amazon amid probe

Published 12 Mar, 2021 06:40pm

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.

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

Published 02 Feb, 2021 06:04pm

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.

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

Published 22 Jan, 2021 11:04am

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.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 20	316.15
Diesel/Litre / Jul 20	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Amazon Inc

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