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Finance

Amazon.com, Inc. ( AMZN ) belonging to the Consumer Cyclical sector has surged 1.46% and closed its last trading session at $1156.16. RNC Capital Management LLC now owns 418 shares of the e-commerce giant's stock valued at $350,000 after buying an additional 68 shares in the last quarter.
  • German and Italian Amazon workers strike on Black Friday

    German and Italian Amazon workers strike on Black Friday

    Finance

    The Verdi trade union in Germany said Amazon employees would also strike on Friday at six distribution centres in the country as part of a long-running dispute over pay and conditions. Amazon Germany defended its position, saying it was a "fair and responsible employer" that offers "attractive jobs". "The strikes will not affect us keeping our word to our customers, as the overwhelming majority of our workers are continuing their normal work", Amazon told AP.
  • Is Chipotle open on Black Friday?

    Is Chipotle open on Black Friday?

    Finance

    Shoppers are expected to spend $107.4 billion online this holiday season, which would represent an increase of almost 14% over a year ago, according to Adobe. "We ate pizza", said Lloyd, who was buying a pair of Naturalizer shoes at 40 percent off and said she planned to buy three more pairs. "We just go out and have fun".
  • Crown Resorts confirms talks on its CrownBet stake

    Crown Resorts confirms talks on its CrownBet stake

    Finance

    Crown confirms that it is in discussions concerning its interest in CrownBet . The announcement of the preliminary talks between the United Kingdom gambling operator and its Australian rival comes only a few days after William Hill provided a bright market update earlier this week.
  • Uber India partners with electric auto provider Mahindra to decrease pollution

    Uber India partners with electric auto provider Mahindra to decrease pollution

    Finance

    The two companies plan to initially deploy hundreds of EVs in Delhi and Hyderabad , followed by other Indian cities. This is a pilot project and the details of the number of vehicles to be inducted is yet to be finalised. Authorities are expected to shortly call bids for electric three-wheelers and electric buses. In May, a report by the federal think tank Niti Aayog suggested reducing India's energy demand by 64% and carbon emissions by 37% by 2030.
  • Steam Autumn Sale 2017 Starts, Coincides With Black Friday

    Steam Autumn Sale 2017 Starts, Coincides With Black Friday

    Finance

    As is typical with big Steam sales these days, you don't have to worry about anything too complicated-there are no daily deals or eight-hour flash deals to keep an eye on. For 2017, until November 28, Middle-earth: Shadow of War is being offered at $36, down 40 percent from full price. Coinciding with the Steam Autumn Sale , the nomination process for the annual Steam Awards has begun.
  • S&P keeps outlook on India stable, retains BBB- rating

    S&P keeps outlook on India stable, retains BBB- rating

    Finance

    S&P's India rating comes a week after rival Moody's upgraded the country's rating. The rating agency sounded bullish on government's public spending saying the public infrastructure spending on roads and railways will stimulate India's economy .
  • Mitsubishi Materials says units falsified product data

    Mitsubishi Materials says units falsified product data

    Finance

    Mitsubishi Shindoh falsified inspection data on such products as brass strips for automotive components. At a briefing on Friday, Mitsubishi Materials faced questions over its corporate management after admitting data falsification at Mitsubishi Cable Industries Ltd [MTCBL.UL] was discovered as far back as February, with the subsidiary shipping products with possibly falsified data even after wrongdoing was detected.
  • Budget 2017: what it means for diesel

    Budget 2017: what it means for diesel

    Finance

    Mr Hammond also set out plans to promote more electric vehicle charging points, setting aside £200m - a figure that will be matched by the auto industry - to improve the infrastructure. He added that a side effect of the Budget announcement might be that there is a risk it might encourage some drivers to keep their older diesel vehicles.
  • Budget 2017: stamp duty tax cut 'will drive up prices'

    Budget 2017: stamp duty tax cut 'will drive up prices'

    Finance

    As of Wednesday first-time buyers of properties worth less than £300,000 will pay nothing in stamp duty, while those buying properties worth up to £500,000 will get a partial relief. Warnings that the Budget Stamp Duty announcement could cause house prices to rise have been dismissed by the Government. Both measures were created to help young people get a foot on the housing ladder but it has emerged that many shared ownership properties are too expensive for the stamp duty break to be ...