Sunday , 21 December 2025

Recent Posts

Amazon ‘going big’ to fill delivery void left by Shopify’s retreat

BLOOMBERG Amazon.com Inc is targeting a logistics void left by Shopify Inc’s abrupt retreat from shipping services earlier this year, which created an opportunity for the online retailer to make money delivering products ordered on sites other than Amazon.com. The e-commerce giant is promoting Buy With Prime, which was introduced last year and offers online merchants fast delivery of customer …

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Qantas’ staff sacking hampers its reputation

BLOOMBERG Qantas Airways illegally sacked 1,700 ground workers during the pandemic, Australia’s top court ruled, delivering a further blow to the reputation of the country’s most-complained-about business. The High Court of Australia dismissed Qantas’ appeal against an earlier judgment that found the airline axed the employees unlawfully. Qantas now faces penalties and compensation payments to affected workers. Qantas outsourced ground-handling …

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Airlines shares slump most as American cuts view

BLOOMBERG US passenger airline shares sank by the most since July after American Airlines Group Inc and discount carriers warned that higher fuel costs, labour costs and flagging interest in domestic travel were hurting their bottom lines. American slashed its third-quarter earnings outlook on a jump in jet fuel prices and payment of roughly $230 million in retroactive salary under …

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