Bloomberg Amazon.com Inc. is now up and running in Australia, offering millions of products and one-day delivery in some areas, seeking to seize a share of the nation’s growing online retail market. The e-commerce giant will offer products across more than 20 categories, including consumer electronics, clothing and sports equipment, and offer free delivery on some orders, the Seattle-based company ...

Dubai / WAM DP World has announced that it completed the acquisition of an additional 66.67% stake in Empresa Brasileira de Terminais Portuarios (Embraport) in Brazil from Odebrecht Transport (OTP). This transaction increases DP World’s shareholding to 100% and the terminal will be rebranded to DP World Santos. The purchase consideration is below 5% of DP World’s net asset value ...

ABU DHABI / WAM UAE stock markets on Monday made decent gains of AED5.5 billion driven by listed property companies and banks, with ADX General Index closing up 1.02 percent to 4326 and DFM General Index growing 0.34 percent against the last session to 3431. The upward movement of Emaar which jumped 2.8 percent to AED7.76 reflected positively on the ...