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Amazon delays hike in fees it charges merchants until June

Bloomberg Amazon.com says it will delay raising fees it charges independent sellers to store and ship items until June, a gesture to merchants who have sometimes bristled at the rising costs of doing business with the company. In a blog post to sellers, Jeff Wilke, the outgoing chief executive officer of Amazon’s retail unit, noted that other logistics companies have ...

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Russia sees nothing good in ties from ‘hostile’ US under Biden

Bloomberg Russia expects nothing good in relations with a “deeply hostile” US under the incoming administration of Joe Biden and has no plans to make unilateral concessions to improve ties, Deputy Foreign Minister Sergei Ryabkov said. “We are heading from bad to worse,” Ryabkov said in an interview with the Interfax news service published on Wednesday, which he later confirmed ...

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Hong Kong media tycoon freed on bail

Bloomberg Hong Kong media tycoon and Next Digital Ltd. founder Jimmy Lai has been granted bail by Hong Kong’s High Court, local media including the Apple Daily newspaper reported. Lai was charged earlier this month with colluding with foreign forces under the city’s new national security law. He is the owner of the pro-democracy Apple Daily. Lai was released on ...

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