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Monthly Archives: April 2018

Germany’s Merkel next to visit Trump on a mission of ‘damage limitation’

Kay Nietfeld | Pool | Getty Images U.S. President Donald Trump talks to German Chancellor Angela Merkel before the first working session of the G20 meeting in Hamburg, Germany, July 7, 2017. France’s Macron had initially sought to persuade the Trump administration to abandon its combative stance on both trade …

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British royals William and Kate name their baby Prince Louis Arthur Charles

Samir Hussein | WireImage Catherine, Duchess of Cambridge and Prince William, Duke of Cambridge depart the Lindo Wing with their newborn son at St Mary’s Hospital on April 23, 2018 in London, England. Britain’s Prince William and his wife Kate named their newborn son Louis Arthur Charles. “The baby will …

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Daimler profit slips on one-time factors, but outlook raised

Fabrice Coffrini | AFP | Getty Images CEO of German carmaker Daimler and Mercedes-Benz, Dieter Zetsche. Automaker Daimler AG saw first-quarter net profit fall 11 percent due to shifting currency exchange rates and one-time gains in the year-earlier quarter. But the company had stronger earnings from its Mercedes-Benz luxury car …

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China’s top court rules in favor of Dior in trademark case

Roberto Machado Noa | LightRocket | Getty Images The Christian Dior perfume, J’adore, on May 6, 2016. China’s top court has ruled in favor of French fashion house Christian Dior, overturning rulings by lower courts and rapping the local trademark office for rejecting an application by the firm to register …

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25 percent of third-party sales came from global sellers

Richard Lautens | Toronto Star | Getty Images Amazon fulfillment center in Brampton, Ontario. Amazon is increasingly going global, and it’s taking sellers along for the ride. In its first-quarter earnings report on Thursday, Amazon said that global sellers accounted for 25 percent of third-party sales on the site last …

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Amazon will increase the price of its annual Prime plan effective in May

The Washington Post | Getty Images Amazon CEO Jeff Bezos has not dared to crack the South Korean market, where Coupang is the fastest-growing and best financed e-commerce site of all time. Amazon is increasing the price of its Prime membership from $99 to $119 starting later this year. The …

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Mike Pompeo meeting with North Korea leader Kim Jong Un

U.S. Government | Reuters A U.S. government handout photo released by White House Press Secretary Sarah Huckabee Sanders shows U.S. Central Intelligence (CIA) Director Mike Pompeo meeting with North Korean leader Kim Jong Un in Pyongyang, North Korea in a photo that Sanders said was taken over Easter weekend 2018. …

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AWS earnings Q1 2018

Source: Amazon Web Services Andy Jassy, CEO of Amazon Web Services and Infrastructure. Amazon’s cloud business exceeded analyst estimates, with revenue climbing 49 percent in the first quarter. Amazon Web Services reported sales on Thursday of $5.44 billion, compared to the $5.26 billion average estimate of analysts surveyed by FactSet. …

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Americans trust Comey more than Trump: Poll

Reuters A combination of file photos show U.S. President Donald Trump in the White House in Washington, DC, U.S. April 9, 2018 and former FBI Director James Comey on Capitol Hill in Washington, U.S., June 8, 2017. Americans may not like former FBI Director James Comey, but they believe his …

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Amazon earnings q1 2018

The Washington Post | Getty Images Amazon CEO Jeff Bezos has not dared to crack the South Korean market, where Coupang is the fastest-growing and best financed e-commerce site of all time. Amazon reported its first-quarter earnings results on Thursday after the bell. It’s a huge beat across the board …

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