Thursday, July 26, 2018

Amazon earnings skyrocket on cloud computing, advertising

Amazon.com Inc forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer's younger, higher-earning businesses, including cloud computing and advertising.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...