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Amazon wants to be everything to everyone
Amazon wants to be everything to everyone
by  AFP

Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to healthcare and entertainment. The healthcare market promises to be lucrative for Amazon, which is "trying to be the platform that has everything for everyone," said analyst Davidkhanian.

US firms brace for more tariffs as election approaches
US firms brace for more tariffs as election approaches
by  AFP

From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear -- with fresh tariffs rolled out and promises of more. "If anything, it's probably going to go up," Actis said, adding that he has considered moving his business abroad.

China-EU EV tariff talks in Brussels end with 'major differences': Beijing
China-EU EV tariff talks in Brussels end with 'major differences': Beijing
by  AFP

The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday. "There are still major differences between the two sides," a ministry statement said, adding that it has invited EU negotiators for further discussions in China.

Analysts warn more detail needed on new China economic measures
Analysts warn more detail needed on new China economic measures
by  AFP

Analysts gave a cautious welcome to China's announcement Saturday of fresh fiscal stimulus to revive its ailing economy but warned that more details -- and specific headline figures -- were needed before its effect could be fully assessed.