Chief executive Andy Jassy said Amazon expected to “incur several billion dollars of additional costs” as it managed its way through “labour supply shortages, increased wage costs, global supply chain issues, and increased freight and shipping costs”.
Image copyright Getty Images Virgin Atlantic is to cut 1,150 more jobs after completing a £1.2bn rescue plan that...
A bank, Investec, has warned household energy bills could top £3,000 a year in England, Wales and Scotland from...
Mr Jassy, who took over as chief executive two years ago, has focused on trimming costs and improving efficiency,...
The announcement was met with some criticism, with Kate Nicholls, the boss of UK Hospitality calling the announcement “a...
Housing benefits, which help low-income or unemployed people pay their rent, costs the government around £30bn a year, a...
Furlough extension buys time as vaccine is rolled out
“We’ve got a very highly skilled, well run food manufacturing sector in this country at the moment which exports...
Toyota, which put its first commercially produced electric cars on the road in 1997, said it will “provide the...
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