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Amazon’s new beauty store for professionals poses threat to retailers

24 June 2019, 9:41 PM

Amazon.com Inc on Monday unveiled its online professional beauty store to sell supplies to licensed professional stylists, barbers and estheticians, weighing on shares of other beauty retailers.

People walk past a sign in front of the Bank For International Settlements (BIS) in Basel.

Bank for International Settlements urges politicians to move fast as big tech moves into finance

24 June 2019, 6:42 AM

BIS said Politicians need to quickly coordinate regulatory responses to new risks from technology companies like Facebook moving into finance.

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G20 wants more tax from tech giants

8 June 2019, 3:51 PM

Group of 20 finance ministers have agreed to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes.

Billionaire Warren Buffett gives new hint about his successor

5 May 2019, 5:03 PM

Billionaire Warren Buffett on Saturday gave a clue on who might succeed him to run his Berkshire Hathaway empire, but did not completely reveal his hand.

Jeff Bezos keeps Amazon voting power in divorce settlement

5 April 2019, 1:53 PM

Amazon.com Inc Chief Executive Officer Jeff Bezos will retain voting control of his entire $143 billion stake in the company under a divorce settlement with his wife, MacKenzie Bezos, who will own 25% of those shares, the couple said on Thursday.

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