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Tag: Amazon

Amazon Faces Second Tax Evasion Probe in Milan

On 2024-07-26 By Aifin In Business

Amazon is facing a second tax evasion investigation in Milan, Italy. Italian prosecutors are investigating the company’s Italian unit for suspected tax evasion, separate from a recent seizure of 121 million euros from another unit. …

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Ecuador and ENAP SIPEC Renegotiate Oil Agreement, Boosting Production in Amazon

On 2024-07-21 By Aifin In Markets

Ecuador and ENAP SIPEC, a subsidiary of Chile’s state-owned oil company ENAP, have renegotiated an oil agreement for a block in the Ecuadorian Amazon. The new agreement includes an additional investment of $90 million until …

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Amazon Prime Day: A Decade of Domination and Evolving Strategies

On 2024-07-14 By Aifin In Business

Amazon Prime Day, a 48-hour mega sale exclusively for Prime members, has become a cornerstone of the retail calendar, rivaling Black Friday and Cyber Monday. It’s a testament to Amazon’s success in creating a shopping …

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Amazon Faces UK Probe Over Supplier Treatment, Could Face Fines

On 2024-07-11 By Aifin In Business

The UK’s Groceries Code Adjudicator (GCA) is threatening Amazon with a formal investigation if they don’t improve their treatment of suppliers. The GCA is concerned about Amazon’s compliance with the Groceries Supply Code of Practice …

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China and Brazil Team Up for Sustainable Beef Traceability

On 2024-07-10 By Aifin In Markets

China, the world’s largest beef importer, and Brazil, its biggest supplier, are joining forces to create a pilot scheme for beef traceability. This initiative aims to make beef production more sustainable and transparent, tackling concerns …

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AI Stock Frenzy: Nvidia Downgraded, Pure Storage Slumps, Dell Gets a Boost

On 2024-07-07 By Aifin In Markets

The AI sector is witnessing a rollercoaster of stock activity as analysts assess the impact of the burgeoning technology on various companies. Nvidia, the leading GPU maker, received a downgrade from New Street Research, citing …

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Apple AirPods Pro 2

Experience the future of audio with AirPods Pro 2. Featuring advanced noise cancellation, personalized spatial audio, and a groundbreaking hearing aid feature, these earbuds offer a truly immersive listening experience. Enjoy crystal-clear sound, comfortable fit, and long battery life.

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