With India becoming the linchpin for global growth for retailers and tech companies, Indian conglomerate Reliance Industries is reportedly ready to sell to Amazon (NASDAQ: AMZN) a 40% stake in its Reliance Retail Ventures that would be worth as much as $20 billion.
Disney's (NYSE: DIS) streaming platform Disney+ is an unparalleled success, hitting over 60 million subscribers in less than a year and doing so four years ahead of schedule.
U.S. stocks resumed their climb on Thursday as demand for cheaper tech-related stocks and hopes of further coronavirus aid from the government overshadowed economic data that pointed to a choppy rebound.
Wall Street's main indexes were set to open higher on Thursday as momentum from demand for cheaper tech-related stocks overshadowed elevated weekly jobless claims that suggested a choppy economic rebound.
Fuel cells and hydrogen have been buzz words in the energy industry for decades, but it hasn't been until recently that they became significant businesses. Fuel cells have failed to gain traction in the passenger vehicle market, but found niches like forklifts and backup power g
The Pentagon recently reaffirmed Microsoft's (NASDAQ: MSFT) $10 billion Joint Enterprise Defense Infrastructure (JEDI) cloud contract, after legal pressure from Amazon (NASDAQ: AMZN) and Oracle (NYSE: ORCL) forced the Department of Defense (DoD) to review the entire deal.
The home improvement industry benefited over the past few months while people stayed home and spent their stimulus checks on home improvement projects. According to the U.S. Department of Labor, categories like home furnishings and gardening saw gains starting in May. Two of the
Some of Wall Street’s biggest players are viewing the stock market's recent tech-led selloff as a bout of turbulence rather than the start of a longer slide -- and they don't see it as a reason to run for the door.
Growth stocks are companies that increase their revenue and earnings at a faster rate than the market average. These stocks often trade at high valuations that are justified by future potential -- making them an ideal bet for investors looking to beat the market over the long te
(RTTNews) - Indian billionaire Mukesh Ambani's Reliance Industries Limited is in talks to sell 40 percent stake in its retail unit, Reliance Retail Ventures Limited or RRVL, to Amazon.com Inc. for $20 billion, Bloomberg reported.
(RTTNews) - The Japan Fair Trade Commission has announced the approval of the Commitment Plan submitted by Amazon Japan G.K. The JFTC found that the commitment plan of Amazon Japan would conform to the requirements and approved it.
Indian oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com Inc, BloombergQuint reported on Thursday, citing Bloomberg News.
Indian oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com Inc, BloombergQuint reported on Thursday, citing Bloomberg News.
Japan's Fair Trade Commission (JFTC) said on Thursday it has accepted Amazon Japan's plan to improve business practices suspected of violating anti-trust rules.
Some of Wall Street’s biggest players are viewing the stock market's recent tech-led selloff as a bout of turbulence rather than the start of a longer slide -- and they don't see it as a reason to run for the door.
Whew, that was better. The S&P 500 Index (SNPINDEX: ^GSPC) bounced back bigly on Sept. 9, gaining 67 points, or 2%. The turn back higher breaks a three-day skid that saw tech stocks -- and almost everything else -- edge lower by almost 7% from last Thursday through yesterda
Boeing Co is submitting to an independent review of its compliance and ethics practices, according to an agreement struck with NASA and the U.S. Air Force and seen by Reuters, part of widening fallout from its behavior in bidding to supply lunar landing vehicles.
(RTTNews) - Tech behemoth Amazon (AMZN) Wednesday announced it will host its 2020 Career Day on September 16 and said it there are 33,000 new corporate jobs on offer.