Wednesday, March 9, 2022

Amazon announces 20-for-1 stock split, $10 billion share buyback

Amazon's stock, which closed at $2,785.58 on Wednesday, has nearly doubled over the last two years, when demand for both its e-commerce and cloud computing business surged in the wake of the COVID-19 pandemic.

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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...