ABU DHABI/WAM The UAE has announced that it will host the 2029 Annual Meetings of …
Read More »Amazon shows it can generate sales while slowing spending
Bloomberg Amazon.com Inc showed its e-commerce and cloud-computing businesses can churn out revenue even as consumers worry about inflation and the company gets serious about curtailing expenses. Investors sent shares up more than 12% in pre-market trading. Amazon reported second-quarter sales that topped analysts’ estimates and gave a revenue forecast for as much as 17% growth in the current period. …
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