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Retail & consumer

Space is the place... for capitalism

This is just one small step for the new breed of space racers as part of a giant technological leap....

2 weeks, 5 days ago
Retail & consumer

Amazon.com posts below-forecast second-quarter earnings as operating expenses jump on increased Prime delivery costs

The world’s biggest online retailer saw its net income rise to $5.22 per share for the quarter ended June 30, up from $5.07 per share a year earlier, but below analysts’ expectations of $5.57 per share...

4 weeks ago

FANGs ain't what they used to be: Facebook, Amazon, and Google-owner Alphabet all set to report this week

Facebook reports earnings after the bell on Wednesday, with Amazon and Alphabet both due on Thursday, after Netflix disappointed last week...

4 weeks, 1 day ago

Namaste Technologies looks to a brighter future as it aims to be the world’s leading cannabis marketplace

In an exclusive interview with Proactive, Namaste's interim CEO Meni Morim outlines his plans going forward after a challenging half-year and says the firm is much better-positioned...

on 07/18/2019
Retail & consumer

Amazon creates more than 2,000 new UK jobs as it pursues expansion

The new hires see Amazon's UK workforce grow to more than 29,500...

on 07/03/2019

Facebook unveils new Libra cryptocurrency

The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year...

on 06/18/2019
Retail & consumer

Morrisons and Amazon to expand home delivery service to more UK cities

The announcement comes a month after Morrisons loosened an exclusive arrangement with Ocado ...

on 06/13/2019

Traders cash in on NoveBay Pharmaceuticals a day after the stock exploded tenfold

On Wednesday morning, the company announced that its dry eye treatment was available on Amazon...

on 06/11/2019

Amazon now carrying NovaBay Pharmaceuticals’ Avenova eye-care product; shares skyrocket

Avenova is available without a prescription on Amazon's new direct direct-to-consumer online channel...

on 06/10/2019
Retail & consumer

Space is the place... for capitalism

Are the billionaires battling it out in the 21st Century space race going to generate untold riches for their backers and send existing industries down a black hole?...

on 06/04/2019

Apple to replace iTunes with apps as it faces possible antitrust investigation

Tech stocks were hit by reports of potential antitrust probes into Apple, Facebook, Google and Amazon ...

on 06/04/2019

S&P/ASX 200 futures slightly up after US tech stocks smashed overnight

S&P 500 Index finished down 0.28% to 2,744.4 last night...

on 06/03/2019
Retail & consumer

US owner of Boots the Chemist could close over 200 UK stores in the next two years: media report

New York-listed Walgreens Boots Alliance Inc. had said in April that it was undertaking a review of the Boots estate "focusing on low-performing stores and opportunities for consolidation"...

on 05/28/2019
Retail & consumer

Just Eat shares go sour as Amazon backs Deliveroo in US$575mln funding round

The funding round takes the total amount raised by Deliveroo to US$1.53bn...

on 05/17/2019
Retail & consumer

Will M&S be too late to the online party? Liberum thinks so…

M&S will have to deal with fierce competition: Waitrose recently unveiled ambitious plans to treble the size of its online business, while Tesco, Sainsbury and Amazon.com have been investing into their delivery propositions for a while...

on 05/17/2019
Retail & consumer

If you can’t beat them, join them: Next partners with Amazon

Amazon has been a thorn in the side of bricks-and-mortar retailers for years, but the ecommerce giant’s customers will now be able to go into Next stores to pick up their parcels...

on 05/14/2019

Apple breaks through US$1trn and reclaims its number one position

The tech giant reclaimed its position as the world’s most valuable publicly-traded company when trading opened on Wall Street...

on 05/01/2019
Retail & consumer

Amazon more than doubles profit in the first quarter but revenue growth slows

Amazon announced that it will spend US$800mln in the second quarter on plans to cut shipping times to one day for Prime members ...

on 04/26/2019

Microsoft flies above $1trn high as cloud lifts earnings

The Windows software developer is currently the most valuable company in the world ...

on 04/25/2019

WANdisco loses its groove as losses widen

The IT firm reported a pre-tax loss for the year of US$19.4mln, wider than the US$14mln loss the year before, while revenue fell to US$17mln from US$19.6mln...

on 04/24/2019
Retail & consumer

Netflix turns south in roller-coaster trading following worrisome quarterly report

Executives reassured investors that competition from Apple and Disney isn’t as troublesome as some thought, but its shares dipped again...

on 04/17/2019

Amazon plans to launch thousands of satellites for global internet access

Project Kuiper involves deploying 3,236 low-Earth orbit satellites to cover roughly 95 percent of the global population...

on 04/04/2019
Retail & consumer

Blue Apron stock climbs after replacing CEO

CEO Bradley Dickerson will pass the baton next week to Etsy’s former chief operating officer Linda Kozlowski...

on 04/03/2019
Retail & consumer

Are tobacco and supermarket stocks not the “safe harbour” investments they once were?

Most safe harbour stocks have been confined to a select group of market sectors that include tobacco and food retailers, although enthusiasm seems to be waning for these once dependable stocks...

on 04/01/2019