Generation Amazon: Subscription lifestyle market to swell to £1bn by next year July 29, 2021 From groceries to perfume, clothing, contact lenses, beer and even period care, the subscription lifestyle is booming and the pandemic has only increased the number of us opting for the convenience it provides. As a result, the subscription box sector is on course to reach over £1bn in market value by 2022, a 77 per [...]
Amazon plans to accept Bitcoin payments while institutional investors show interest July 26, 2021 CryptoCompare data shows the price of Bitcoin (BTC) started the week at $31,000 and quickly fell below its support at $30,000 before recovering and slowly climbing upward over the last few days.
Moon-day madness as Jeff Bezos rumoured to be looking at Bitcoin payments for Amazon July 26, 2021 Yesterday marked Bitcoin's sixth consecutive day in the green, during which time it increased more than 20 per cent in value
Exclusive: Two City lawyers on a mission to make their fintech the ‘Amazon of Islamic finance’ July 19, 2021 Islamic Finance Guru (IFG), a UK-based Islamic finance platform, has closed an investment round led by Outward venture capital, as the market for Islamic fintech grows. The UK-based startup has raised £3m from Outward VC and B&Y Venture Partners. The news come just a week after the Boubyan Bank Group announced that the world’s first [...]
FTSE 100 today: London markets braced for quiet start; Q1 earnings and UK monthly GDP in spotlight April 12, 2024 Asian stocks remain quiet, gold hits new highs, and oil prices climb. Amazon reaches a record peak, while Fed officials remain wary of rate cuts. Focus now turns to Q1 earnings, the UK monthly GDP for February, and the preliminary US Michigan Consumer Sentiment Index for April.
Amazon snaps up Tesco exec Tony Hoggett to run stores worldwide July 9, 2021 Amazon today announced it has appointed Tony Hoggett, formerly one of Tesco’s top executives, to run its physical stores. Joining in January 2022, Hoggett will take on the role of senior vice president of physical stores and report to Dave Clark, chief executive of Amazon’s worldwide consumer business. He will be based in Seattle. Clark [...]
Pentagon drops Trump’s $10bn deal with Microsoft after Amazon challenge July 7, 2021 The U.S. Defense Department cancelled a $10bn JEDI cloud-computing project late last night, pulling the Trump-era award to Microsoft while announcing a new contract that pits the big software firm against rival Amazon. Watch the full report.
Channel 4 agrees late deal with Amazon Prime to air Emma Raducanu’s US Open final September 11, 2021 Emma Raducanu’s US Open final against Leylah Fernandez will be aired live for free on Channel 4 after the broadcaster agreed a last-minute deal with Amazon Prime. The 18-year-old is the first British woman to reach a Grand Slam singles final since Virginia Wade, who played at Wimbledon, in 1977. Amazon Prime Video had exclusive [...]
Morrisons: Amazon Fresh deal could be key factor in takeover battle of the summer July 5, 2021 Morrisons’ supply deal with Amazon could be a major factor in what is shaping up to be the biggest takeover battle of the summer, with the scale and scope of Amazon offering bidders a unique chance to be part of what could be a major market upset. This morning Morrisons share price rocketed more than [...]
Amazon paid £492m in UK tax last year despite £20.6bn revenue September 8, 2021 Amazon has revealed that while revenue from UK activities surged 50 per cent in 2020 the company paid just £492m in direct taxes. The company’s total tax contribution from direct and indirect sources was £1.15bn following record revenue from UK activities of £20.63bn last year as successive lockdowns drove shoppers online. In 2019, Amazon raised [...]