Amazon to close online operations in China
Amazon plans to close down online retail operations in China, admitting defeat to local e-commerce rivals such as Alibaba and JD.com. Amazon will continue other operations such as Amazon Web Services in China. Amazon entered China in 2004, when it acquired a local online book seller for USD 75 million. Prime membership programme of Amazon was launched in China in 2016 to lure customers with high-quality Western goods and free international deliveries.
China launches classified Yaogan satellites into orbit
China recently launched Changsei 2C rocket from the Xichang satellite launch centre. It is a Yaogan ...
What is Commodity Super Cycle?
The prices of commodities from corn to crude oil to rubber, rhodium, copper, soy bean has been incre...
SAIL enters 100 most-valued Indian firms list
The stock of SAIL increased to a nine year high of Rs 135.60 on the BSE. In the last six weeks, the ...
Import of Oxygen concentrators for personal use permitted
The Directorate General of Foreign Trade recently notified that the import of oxygen concentrators s...
Special 301 Report: US puts India on Priority Watch list
The United States Trade Representative recently released the Special Report 301. According to the re...
|View All E-Books: Recent Release|