Connect with us

Business

The rumours were true: Amazon launches pre-Christmas sales

Published

on

Amazon is hosting a second ‘Prime’ event this October

Instead of Amazon Prime Day, the company has unveiled its new look ‘Prime Early Access Sale’.

The sale will start on 12 October for Amazon Prime members only, with deals on select items leading up to the main event on 14 October.

The deals are yet to be confirmed, but big brands are lining up to promote their latest gadgets, including: Peloton, Adidas, Lego and New Balance.

Rumours are also circulating there may even be a top 100 list of the most popular or giftable items, which will be made available across the two-day event.

The event comes a few months before Christmas, and other retailers are also getting ready to drop some major sales including Walmart.

Amazon Prime Day is an annual day of sales across a range of technology, homewares and other gadgets.

The annual event typically takes place in July.

Continue Reading

Business

Bonanza hits on the gold play with Michael Goldberg

Published

on

On this week’s episode of Talk Ya Book, Chris Judd is joined by Collins Street Value Fund’s Michael Goldberg to discuss the banking crisis sweeping the world. And why Goldberg’s stock choice could be one to closely follow, with its high gold grades.

Proudly presented by Honan.

Continue Reading

Business

Amazon to axe 9,000 jobs

Published

on

This is the second round of layoffs for the company in the past six months

Online retailer Amazon has revealed it will be cutting a further 9,000 jobs.

This is the second round of layoffs for the company this year, after axing a total of 18,000 jobs over the past six months.

It’s on the back of a possible economic recession and tightened conditions.

“Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount.” CEO Andy Jassy said in a company memo.

Amazon follows Meta – becoming the second tech giant to announce a second round of cuts.

The layoffs are concentrated on the company’s cloud services, advertising and Twitch units.

Continue Reading

Business

Major central banks announce U.S.Dollar flow boost

Published

on

This is to help credit flowing households and business

The U.S. Federal Reserve and several other major central banks have announced a co-ordinated effort to boost the flow of U.S. Dollars.

The aim is to keep credit flowing to households and businesses, and improve conditions that are tightening due to rising interest rates.

Market turmoil over the past fortnight has made it harder for investors to borrow money.

Two U.S. banks have failed, while Credit Suisse has been rescued by UBS.

“The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity,” the central banks released in a joint statement.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2023 The Ticker Company PTY LTD