Browsing: Amazon

MENA Newswire, NEW DELHI: India’s government has proposed a tax holiday through 2047 for foreign companies that provide cloud services to customers…

Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled.

Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a “once-in-a-lifetime” business opportunity.

Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure.

Amazon announced the closure of seven Quebec warehouses, eliminating 1,700 jobs, amid allegations the move is linked to recent unionization efforts at a Montreal-area facility.

The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts.

Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy changes.

AT&T will require all office employees to work on-site five days weekly starting January 2025, marking a shift from its hybrid model and aligning with other corporations reversing remote work policies.

Brazil, France unite in $1.1B plan to save Amazon. Macron, Lula announce historic pact. Leaders join forces with $1.1B for Amazon protection.

EU Parliament’s historic decision paves the way for global AI regulation, setting comprehensive governance rules.