Murgitroyd profit warning

Wall Street expected Amazon would maintain its strong momentum in the third quarter, with the e-commerce juggernaut making billions more dollars during the pandemic as customers used its site to avoid going to stores. Amazon wasn't the only online retailer benefiting from this trend, with Etsy, Walmart, Target and Wayfair all seeing big sales increases too. While the latest quarter didn't include Prime Day -- which was delayed to the fourth quarter and ran from Oct. 13 to 14 -- Amazon was still predicted to post a 32% rise in revenue thanks to a surge in demand all year. … [Read more...] about Amazon’s profit triples to $6.3 billion ahead of Prime Day bonanza

The quarantine regulations and mandatory PCR tests currently make travel to Mallorca almost impossible. And that is unlikely to change anytime soon. At least privately, the island's hoteliers admit that they no longer expect the usual start of the season in the Easter week. Presumably it is not going to start up again until June at the earliest. For Stefan Huber, that might be too late. "I've set June as my deadline," he says. "If things don't pick up again by then, I'll shut down. For good." … [Read more...] about Mallorca without tourists: The impact of the coronavirus pandemic

Most recently, Hanoi’s Department of Industry and Trade has warned citizens of signs of fraud at electronic payment wallet Payasian. Since Payasian’s e-wallet has not been licensed by the authorities, the money put on these accounts cannot be used legally in the country. Additionally, Payasian JSC has been under suspicion of illegally raising capital and acting as an MLM. The VCA has yet to issue an MLM registration certificate to Payasian JSC. … [Read more...] about MLM enterprises dodge licencing by setting up new entities

Will we meet our obligations, and pass along a new and better world to our children? I believe we must. I'm sure you do as well. I believe we will. And when we do, we'll write the next great chapter in the history of the United States of America, the American story, a story that might sound something like a song that means a lot to me. It's called 'American Anthem.' And there's one verse that stands out, at least for me. … [Read more...] about Joe Biden’s first act of unity: New president stands with Obama, Bush and Clinton to lay wreath at the Tomb of the Unknown Soldier after pledging to lead for all Americans

London stocks rose in the afternoon as Joe Biden was sworn in as the 46th US president. Traders are hoping for more action to lift the economy after he secured last week’s stimulus package. The FTSE 100 rose 27.44 points to 6,740.39. … [Read more...] about Wall Street jumps as Biden sworn in