Business

Amazon reports rare quarterly loss as online shopping slows

Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup.

Consumer & Gadgets

How to enjoy a digital detox over Christmas

It is not surprising that many of us have been suffering from digital overload during the pandemic, and taking care of our "digital wellbeing" has become a common theme. Social media, online shopping, making reservations, ...

Business

Iconic corporate names breaking up in trend to boost value

Three multinational giants—General Electric, Johnson & Johnson and Toshiba—this week announced plans to split into multiple companies, joining a trend the firms hope will provide more growth opportunities.

Business

China's Singles' Day shopping fest muted amid tech crackdown

China's biggest online shopping day, known as "Singles' Day" on Nov. 11, is taking on a muted tone this year as regulators crack down on the technology industry and President Xi Jinping pushes for "common prosperity."

Business

Saying farewell to a throwaway fashion industry

Fast fashion is a lucrative business model offering trendy, mass-produced replica catwalk trends and haute couture designs at bargain prices. While enticing consumers to spend, it has paved the way for a throwaway culture ...

Business

Alibaba earnings down as China tech giants face turmoil

Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady revenue growth, indicating that a government crackdown on the country's tech giants was having little impact on its core ...

page 1 from 5