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Amazon will close almost all of its call centers in the US

An e-commerce giant, Amazon.com Inc., will probably close almost all of its call centers in the US, except for one. Hundreds of office employees will be transferred to remote work in order to cut the company’s rental expenses.

16:09
China's economy suffers from anti-COVID measures

As the world continues to fight the COVID-19, China is still following its tactics, showing zero spread of the virus. Country’s economy, in turn, is experiencing negative consequences from restrictions related to the pandemic.

16:09
First half of the year showed the decline of the U.S. economy and the stability of the labor market

A preliminary forecast by the U.S. Department of Commerce has been confirmed.

16:09
Google shuts down Stadia games streaming service 3 years after launch

Google has announced it is shutting down its cloud gaming service Stadia after unsuccessful attempts to gain popularity among users.Google Alphabet Inc. presented the Stadia platform as a challenge to the giants of gaming consoles. The service allows you to run games on devices such as Android or use the Chromecast application for TVs, sending data directly from Google server clusters. A subscription to Stadia cost $10 per month.

16:09
Walmart is challenging inflation concerns. Forecasts for the year have improved

Despite high inflation and supply chain challenges, Walmart, one of America's largest retailers, saw a significant increase in sales in the second quarter of this year.

16:09
Germany plans to borrow €200 billion to cope with gas price spike

Germany introduced plans to take on another €200 billion ($195 billion) in debt to finance a program aimed at limiting the influence of rising energy prices on the economy.

15:09
Central Bank of Mexico increased the rate to 9.25%

On Thursday, the Central bank of Mexico increased the credit rate to the maximum level.

15:09
Dollar strengthening causes Nike to cut sales

Nike is suffering declining revenues due to increasing logistics costs and strengthening of the U.S. currency. The company is now selling its excess inventory, spurring the sale with discounts.

15:09
JPMorgan to hire 2,000 engineers even in recession

On Wednesday, Lori Beer, chief information officer of financial holding JPMorgan Chase & Co, said the company plans to hire about 2,000 engineers from various countries by the end of the year, despite the current economic situation.

15:09
Harley-Davidson defends LiveWire branch after drop in stocks

The LiveWire electric motorcycle unit of Harley-Davidson Inc. debuted on the stock exchange was unsuccessful.

15:09
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Latest news
Amazon will close almost all of its call centers in the US

An e-commerce giant, Amazon.com Inc., will probably close almost all of its call centers in the US, except for one. Hundreds of office employees will be transferred to remote work in order to cut the company’s rental expenses.

16:09
China's economy suffers from anti-COVID measures

As the world continues to fight the COVID-19, China is still following its tactics, showing zero spread of the virus. Country’s economy, in turn, is experiencing negative consequences from restrictions related to the pandemic.

16:09
First half of the year showed the decline of the U.S. economy and the stability of the labor market

A preliminary forecast by the U.S. Department of Commerce has been confirmed.

16:09
Google shuts down Stadia games streaming service 3 years after launch

Google has announced it is shutting down its cloud gaming service Stadia after unsuccessful attempts to gain popularity among users.Google Alphabet Inc. presented the Stadia platform as a challenge to the giants of gaming consoles. The service allows you to run games on devices such as Android or use the Chromecast application for TVs, sending data directly from Google server clusters. A subscription to Stadia cost $10 per month.

16:09
Walmart is challenging inflation concerns. Forecasts for the year have improved

Despite high inflation and supply chain challenges, Walmart, one of America's largest retailers, saw a significant increase in sales in the second quarter of this year.

16:09

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