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Markets

Riding the AI Wave: Amazon’s growth accelerates in the first quarter

Amazon delivered strong first-quarter earnings owing to robust growth in its cloud business, AWS.

Markets

Amazon earnings preview: A focus on AI-powered business growth

Amazon is set to unveil its first-quarter earnings after the US market closes on 30 April. The e-commerce behemoth is anticipated to showcase its advancements in the AI-powered cloud business.

Business

Italy delivers €10 million fine to Amazon over 'unfair' practices

Authorities say the firm's pre-ticking site design limits the freedom of choice for consumers.

Tech News

Lawmakers visit Amazon facilities across Europe after parliament ban

The visits aim to give an insight into working conditions.

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Nature

‘Progress is possible’: How have Brazil and Colombia cut deforestation

Tropical forest loss would have been much higher without improvements in Brazil and Colombia where the analysis finds that political action has had a massive impact.

Business

Amazon axes hundreds of jobs in cloud computing division

The tech giant is set to lay off workers in its Amazon Web Services unit as part of a restructuring strategy.

Tech News

Polish regulators fine Amazon €7 million for 'misleading' consumers

Polish regulators found a Luxembourg-based operator for online retailer Amazon guilty of infringement of collective consumer interests and fined them €7.2 million.

Tech News

Amazon invests an additional $2.75 billion into AI company Anthropic

Amazon will maintain a minority stake in Anthropic.

Tech News

Amazon needs to comply with ad database under platform rules; court

The EU's highest court rejected interim measures requested by the US online marketplace.

Destinations

Brazil’s best spots for nature, adventure and wildlife spotting

Beyond culture and carnivals, Brazil's beautiful natural landscapes are a growing draw for tourists.

Tech News

Trade unions ask Parliament to ban all lobbyists working for Amazon

The call comes as lawmakers decided to ban Amazon representatives last month.

Tech News

Amazon lobbyists banned from European Parliament, lawmakers decide

Withdrawal of badges comes after demand from lawmakers on the Employment committee.

Tech News

Amazon lobbyists one step closer to European Parliament ban

Final decision on whether to withdraw access badges is expected next week.

Markets

Amazon joins Apple and Walt Disney in the 'elite' club of stocks

The e-commerce giant will replace drugstore operator Walgreens Boots Alliance on the Dow, before the opening of trading on Monday.

Green News

Scientists issue Amazon warning as up to 47% of rainforest at risk

The vital ecosystem could also flip between rainforest and Savanna-like vegetation if drought deepens, the research finds.

Business

Italian watchdog turns heat up on BAT and Amazon over tobacco ads

Italy's competition watchdog, AGCM, fines BAT and Amazon €7 million for deceptive advertising on heated tobacco products.

Markets

Why did Jeff Bezos sell €3.7bn of his Amazon stock over the past week?

Euronews takes a closer look at why Jeff Bezos might have opted to sell €3.7bn ($4bn) of his Amazon stock over the past week.

Green News

Samba for the Amazon: Rio Carnival calls for end to illegal mining

Dancers from a samba school call for more protection for the Indigenous Yanonami people, whose lives are threatened by illegal mining.

Tech News

Platform rules to apply this month as member states lag on oversight personnel

The Digital Services Act, Europe’s platform rules, will apply to all companies later this month, but the majority of EU countries still haven't appointed national regulators or transposed the rules into domestic law.

Tech News

Amazon invites lawmakers to warehouses in face of ban from Parliament

Amazon remains prepared to throw open the doors of its warehouses for EU lawmakers, the tech giant said today (6 February) as politicians called for its lobbyists to be kept out of the European Parliament after failing to appear at a recent hearing.