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Amazon Studios chief Roy Price suspended following harassment allegation

Amazon Studios chief Roy Price suspended following harassment allegation

Published 13/10/2017

Amazon Studios chief Roy Price was put on an immediate leave of absence Thursday, the company said, following allegations that he harassed a producer and ignored an actress's claim of a sexual assault by producer Harvey Weinstein. [more…]

Amazon to open new distribution center in north west England

Amazon to open new distribution center in north west England

Published 13/10/2017

Amazon said on Friday it planned to open a new fulfillment center in Bolton, north west England, in 2018 and will begin recruiting 1,200 permanent jobs in the latest expansion in Britain. [more…]

Italy`s Gucci bans fur, joining others in seeking alternatives

Italy`s Gucci bans fur, joining others in seeking alternatives

Published 12/10/2017

Italy's Gucci will stop using fur in its designs from next year, joining a growing number of fashion houses looking at alternatives after coming under pressure from animal rights activists and changing consumer tastes. [more…]

Movie studios join Disney-led service to link digital purchases

Movie studios join Disney-led service to link digital purchases

Published 12/10/2017

Five Hollywood film studios have joined together to offer a new service designed to make it easier for consumers to collect digital movies that they can watch at home or on mobile devices, the studios said in a statement on Wednesday. [more…]

Emerging market tech stock boom gives fund managers a headache

Emerging market tech stock boom gives fund managers a headache

Published 10/10/2017

The boom in emerging market technology stocks is becoming a problem for fund managers of all stripes. [more…]

Linklater`s war veteran comedy speaks to modern America, says star

Linklater`s war veteran comedy speaks to modern America, says star

Published 08/10/2017

Last Flag Flying, a comedy-drama about Vietnam war veterans, will resonate with Trump's America, despite, or perhaps because of, its period setting, actor Bryan Cranston said on Sunday after a screening at the London Film Festival. [more…]

Drug chains tumble on reports Amazon eyeing their pie

Drug chains tumble on reports Amazon eyeing their pie

Published 06/10/2017

Shares of drug retailers Walgreens Boots Alliance Inc (WBA.O), CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) tumbled on Friday after reports that Amazon.com Inc (AMZN.O) was looking to make a move into selling drugs online. [more…]

Alibaba denies Tsai in deal talks with NBA`s Brooklyn Nets

Alibaba denies Tsai in deal talks with NBA`s Brooklyn Nets

Published 06/10/2017

Chinese internet conglomerate Alibaba Group Holding Ltd (BABA.N) denied on Thursday that its vice chairman, Joseph Tsai, is in advanced talks to buy a stake in the Brooklyn Nets of the National Basketball Association. [more…]

UPS, FedEx down on report of Amazon`s own delivery service

UPS, FedEx down on report of Amazon`s own delivery service

Published 05/10/2017

Shares of United Parcel Service Inc and FedEx Corp fell on Thursday after a report that Amazon.com Inc was testing its own delivery service, potentially encroaching on the territory of the package delivery companies. [more…]

Whole Foods price cuts hit hardest at Trader Joe`s, Sprouts: report

Whole Foods price cuts hit hardest at Trader Joe`s, Sprouts: report

Published 03/10/2017

Whole Foods rivals Trader Joe's and Sprouts Farmers Market Inc have been hit hardest by customer defections since Amazon.com Inc's price cuts at the premium grocer, Whole Foods price cuts, a data analytics firm said on Tuesday. [more…]