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Markets

Nvidia's strong earnings fall short of lofty investor expectations

Nvidia shares declined following strong quarterly results as investors set a high bar for earnings. A lower gross margin and slowing growth also contributed to the fall.

Tech News

EU Parliament to reconsider granting Amazon lobbyists access

The lobbyists were stopped from entering the European Parliament last February after they failed to attend hearings.

Business

Tech results mixed: Apple faces China slowdown, Amazon rides AI growth

US tech giant Apple saw sales in China extend a decline, while Amazon topped market expectations with strong guidance.

Tech News

Amazon's EU lobbying spend hits €5M - nearly double its figures

The correction of the spending follows a complaint by several transparency organisations.

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Business

Amazon joins Google in taking the nuclear option to power data centres

Amazon is joining Google and Microsoft in the pivot towards nuclear energy, aiming to meet rising demand while hitting climate targets.

Nature

EU must push farmers towards sustainable farming, says WWF

WWF explains how the EU can tighten its wildlife-protecting policies in a critical five-year window for action.

Business

Gloves off in pre-loved price war as eBay scraps private seller fees

eBay UK has scrapped the fees private sellers have to pay to access the online marketplace, in a move designed to see off competition for the rapidly growing and hugely profitable pre-loved sector.

Brazil

Main Amazon tributary in Brazil at lowest level in over a century

One of the Amazon River’s main tributaries has dropped to its lowest level ever recorded Brazil’s geological service said on Friday.

Culture news

Why are MrBeast and Amazon being sued by game show contestants?

Five anonymous participants claim they were denied minimum wages, proper breaks, and faced a toxic work environment during the production of the show.

Work

Amazon tells employees to go back to the office five times a week

Last year, Amazon asked all employees to come back to the office for three mandatory days, resulting in protests.

Green News

Ecuadorians demand government honour vote to stop Amazon oil drilling

Supporters were jubilant last year when almost 60 per cent of voters supported the referendum on ending drilling.

Culture news

The Rings of Power season 2's return to Middle Earth is middling

Season 2 of Amazon Prime Video's 'The Lord of the Rings: The Rings of Power' makes the cardinal mistake of assuming we care without doing any of the legwork to achieve that.

Europe News

100 Belgian delivery drivers for Amazon sacked via WhatsApp

The drivers were informed via text message that their employer, KM Group, had gone bankrupt, leaving them without July's salary. Unions say they also haven't received the necessary paperwork to be able to access unemployment benefit.

Nature

Amazon deforestation in Brazil down to lowest level since 2016

But environmental activists say the country's Cerrado savannah has become a ‘sacrificed biome’.

Business

China takes bite out of Apple's earnings as Amazon numbers weaken

The US tech giants Apple and Amazon reported mixed earnings results for the June quarter. While Apple consolidated its position as the world's most valuable company, Amazon disappointed investors with its light guidance.

Europe News

Italy seizes €121 million from Amazon over alleged tax fraud

Investigations by the Milan prosecutor's office have uncovered an alleged illegal subcontracting scheme.

The Big Question

AI adoption could boost European business but what’s holding us back?

“Digital skills will actually become more important going forward in the workplace than your actual university degree,” says AWS.

Business

Formula 1 turns to AI to speed up connections with worldwide fan base

F1 is teaming up with Amazon Web Services to provide data-rich info for fans to help create meaningful insights, as well as using the technology to make the sport more competitive.

Green News

Good news for the Amazon as Colombia cuts deforestation by 36%

President Gustavo Petro is coming good on his election promise to cut tree felling.

Business

Amazon latest to join trillion market cap club amid AI-fuelled rally

Amazon surpasses $2 trillion in market cap amid optimism towards its AI-powered cloud business.