Economy
World / Countries / MNCs
The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. more
Amazon may layoff 20,000 staff in upcoming months: Reports
E-commerce hub Amazon might lay off around 20,000 employees, including corporate executives, in the upcoming months, media reports said on Wednesday.
Crackdown on fake reviews: Amazon bans 3 more Chinese brands
Beijing: E-commerce giant Amazon has given a blow to China by banning three more consumer brands of the East Asian nation amid the marketing platform's ongoing crackdown on atte ...
E-commerce giant Amazon blocks Chinese merchants for alleged suspicious behaviour
Beijing: E-commerce giant Amazon has apparently blocked several prominent mainland Chinese merchants for alleged “suspicious behaviour”, media reports said.
Jeff Bezos to step aside as Amazon CEO
Washington: Amazon founder Jeff Bezos, who is one of the richest persons on Earth, will step aside later this year as chief executive of the company.
